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Approximately 10 % of the offered actions (301 million), agree ESOP, was British a Telecom "is reserved for employees and pensioners". Along with Various strata of society, it has been invited about 2000 British

Conditions. The remained 415 million actions have been allocated for buyers in the USA,

Canada and Japan. After distribution has been completely complete, 47 %

Having the priority rights, 14 %? At investors of the USA, Canada and Japan, 5 %? At employees and pensioners "British a Telecom", and remained Part - at 2 million individual British investors.

Actions have been registered at several world stock exchanges. Thanks to it

To release in Great Britain there were 2,2 million new holders of actions. To

Privatisations at "British a Telecom" was 250000 clients expecting an establishment

Phone. Now, according to magazine "it" research (February 1996 ), connection to telephone lines usually occupies 2 days.

The government continued to regulate activity "British a Telecom" and Has got preference shares of the company with the special rights ("the gold Actions ") that allows it:

To impose the veto on any changes in the Charter of the company demanding, that

The chief executive of the company was the British citizen and any The individual person had no more than 15 % of voting actions;

To delegate the representative on general meetings of shareholders with the right


To appoint two directors in structure of board of directors "British a Telecom";

To demand the written approval at the decision of certain questions, Concerning restrictions on a share issue and changes of votes.

Privatisation of the company "British Gez"

Privatisation of the company "British Gez" was the second example of privatisation

The state enterprise of utilities of Great Britain. The government adhered to the same model of privatisation which was British a Telecom "is successfully used in a case with privatisation".

In May 1986it. The government of Great Britain has declared the intention

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Medical Icon Set SibCode Medical Icon Library is a fantastic set of icons that covers most of the possible medicine-related software needs. The top choice at an affordable price!

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