Your shareholding in World Television Group is recorded on a register of shareholders. The register is a list of the names and addresses of all World Television Group ordinary shareholders and the number of shares each owns. The register is maintained on behalf of the company by Capita IRG Plc (‘the Registrar’). World Television Group’s Registrar updates the register when your personal circumstances or shareholding change, and also sends out any dividend cheques and share certificates.

By law, the register is a public document, which the Registrar must make available for inspection. However, World Television Group will not provide details of any individual shareholder to third parties.

Click here for the Registrar’s contact details.

In order to allow you to continue to trade your shares in World Television Group Plc, JP Jenkins Limited has been appointed to operate a matched bargain facility. Click here to find out more.

Share certificates are evidence of your ownership and should be kept in a safe place. You will need them if you want to sell all or some of your shares in the future.

We recommend that you keep a separate record of the certificate numbers and the number of shares each certificate covers in case of loss or damage. Share certificates are posted to shareholders at their own risk.

When you first buy shares in World Television Group you are given a unique eleven-digit Investor Code.

This is shown at the bottom middle of share certificates preceded by the code T816, and should be quoted in all correspondence. We recommend that you keep a separate record of your Investor Code.

The face value or ‘nominal value’ of the share is 0.1p which is the minimum value the Company may issue shares. However, the actual value of each World Television Group share at any particular time is the price at which it can be sold in the market.

The Company is now called World Television Group Plc and was renamed in October 2004. Only share certificates relating to Virtue Broadcasting shares of 2.5p each and World Television Group Ordinary shares of 0.1p each, issued on or after the capital reorganisation on 18 October 2004 are valid.

For information on company events that may have affected the number of shares you hold, click here.

You can contact the World Television Group's Registrars, Capita, for a Change of Address form. This needs to be completed and returned to Capita. It must be signed by at least the first named shareholder where indicated. In the case of a corporate shareholder, the Change of Address form should be signed by the appropriate authorised signatory, and the capacity of the signatory must be stated.

Alternatively, you may advise the Registrar in writing quoting the Company's name and giving: 

• Your name exactly as it is recorded on the Register of Shareholders (this can be seen on your share certificate)
• Your Investor Code (also as per your share certificate)
• Full details of both your old and new addresses

Private individuals

Please write to the World Television Group's Registrar stating the Company's name and give:

• Full details of both your old and new names. Please ensure that you give your old name in exactly the form in which it is recorded on the Register of Shareholders - this can be seen on your share certificate; and
• Your Investor Code - which can be found on your share certificates.

Enclose your share certificate plus one of:

• An original Marriage Certificate; or
• An original Deed Poll; or 
• A Statutory Declaration is acceptable if it bears both your old and new signatures.

If a married woman wishes to revert to her maiden name after divorce enclose either: a copy of the decree absolute together with her marriage certificate (to confirm her maiden name); or a copy of the decree absolute together with her birth certificate if the marriage certificate is not available.

Corporate investors

Please write to the World Television Group Registrar enclosing: the original Certificate of Incorporation on Change of Name; and share certificate(s) representing the shareholding.

If your certificates are lost, stolen or destroyed, you should write to the World Television Group Registrar as soon as you can. You should state:

• That you have lost a share certificate in World Television Group Plc;
• Your name exactly as it is recorded on the Register of Shareholders;
• Your investor code (which can be found on your share certificate);
• Your full name and address, as they are recorded on the Register of Shareholders;
• If possible the number(s) of the certificate(s) that is/are missing. If you do not know the number(s) of the missing certificate(s) please provide the number(s) of the certificates still in your possession. Please also state if the certificate(s) is/are lost or stolen. If the certificate(s) is/are stolen, we will require the Crime Reference Number as issued by the Police.

Your letter must be signed by at least one of the shareholders.

The Registrar will need to arrange for you to complete an indemnity covering the company for any loss arising from a dispute over who owns the shares, and you may be charged for this. Once this is done, the Registrar will send you a duplicate certificate.

Please note that any transfers/sales using a certificate as cover where the certificate has been reported lost/stolen will be rejected, unless the you have written to the Registrars, returning their indemnity letter, confirming that the certificate has been found and enclosing any payment due for administration fees. The register will then be amended to reflect that the certificate(s) has/have been found.

World Television and its Registrars are not permitted to give dealing advice to shareholders, or to sell shares on their behalf. If you hold shares in the Company you should contact your financial adviser.

In order to carry out a private share transfer, please contact the World Television Group's Registrars, Capita, arrange for collection of Stamp Duty if appropriate and send it to the Registrars with the share certificate(s) covering at least the number of shares to be transferred.

The form will need to show the following information:

• Full name and address details for both transferor (the old owner) and transferee (the new owner);
• Signature(s) of all the transferor(s);
• The Company’s name; and
• The type of share (for example ordinary shares), amount to be transferred in both words and figures.

The documentation required to register the death of a shareholder is dependant on the type of shareholding. Please write to World Television Group’s Registrars stating the Company’s name and the full name of the shareholder, as shown on their share certificate and enclose one of the following:

• If the account is held solely in the name of the Deceased: the Sealed copy Grant of Probate or Letters of Administration. For Scottish residents the equivalent document is a Certificate of Confirmation Share certificate(s) representing total holding.
• Alternatively if Probate (or the equivalent) is not being sought due to the small value of the estate, you can apply to use our Small Estate Procedure, providing the total value of the UK estate is under £20,000 and the total value within the estate of shares is under £10,000. If you require the Small Estates forms for completion, please contact our Registrars.
• If the account was held jointly with another person then enclose: the Death Certificate and the Share certificate(s) for amendment.

A Depository Interest (‘DI’) allows paper stock to be dematerialised and settled electronically. The paper-based stock is transferred to a nominee who then issue the Depository Interest to the individual shareholder’s CREST account on a one for one basis. The Depository Interest can be traded and settlement will be within the CREST system in the same way as any other CREST stock.

If you hold Depository Interests, your name will not appear on the Register of Shareholders. The only holding which appears is that of the nominee company, which could hold Depository Interests on behalf of a large number of individual shareholders. For information regarding your holding you will need to contact the nominee company that holds the stock on your behalf.

CREST is an electronic system for settling the sale and purchase of shares. Membership is voluntary and is typically used by institutions, and by individual investors who have a large share portfolio or who buy and sell shares frequently.

CREST enables shareholders to hold and transfer their shareholdings in electronic form rather than using paper.

For further information on CREST please write to CRESTCo Limited, Trinity Tower, 9 Thomas More Street, London E1 9YN.

As an unlisted company, World Television's obligations to report financial results are limited to the publication of annual accounts. However, the Directors believe the company should provide additional financial information to shareholders.

Accordingly all shareholders receive a copy of World Television Group's Annual Report each year, along with notice of the company's Annual General Meeting and a voting form. The company also publishes the following information via the IR section of its website: 

• An interim report showing a trading update and a summary of the unaudited results for the first six months of the year, published within three months of the end of the first half
• A pre-recorded webcast by Board members to coincide with the publication of the annual accounts 
• The annual corporate calendar showing scheduled dates for announcements and shareholder meetings

World Television complies with all legal requirements concerning disclosure to shareholders, and advises all shareholders of significant information at appropriate times. The Company's website is the primary channel for publishing shareholder information.

Every year, you will be invited to attend the World Television Group's Annual General Meeting ('AGM'). If there is a particularly important matter to decide that cannot wait until the next AGM, shareholders may be invited to an Extraordinary General Meeting ('EGM').

The notice calling the AGM invites you to attend and vote on important matters such as the election of directors and auditors. Shareholders have the opportunity to hear about the company's performance and prospects for the future, and ask questions about the company and its activities.

If you cannot attend, you can participate in the meeting by appointing someone to attend and vote on your behalf – this person is known as your 'proxy'. Your proxy can be the chairman of the meeting, or any other person you choose. You can instruct your proxy to cast your vote according to your specific instructions, or at his or her discretion. You can appoint a proxy by completing and returning the form that will be sent to you before the meeting. The results of all the meetings are published within the Shareholder Announcements section of this website.

The following are brief summaries of some company events which may be of some use in the calculation of Capital Gains Tax.

March 2000: The Company placed 10,000,000 25p ordinary shares at 150p per share and was admitted to the Alternative Investment Market for trading.

September 2001: The Company placed 15,450,000 25p ordinary shares at 25p per share.

June 2002: The Company sub-divided and re-designated each ordinary share of 25p into one deferred share of 20p and one ordinary share of 5p. Additionally, the Company issued 45,918,000 5p ordinary shares to facilitate the merger with Virtue Broadcasting Ltd and was subsequently renamed Tornado Virtue Plc.

December 2002: The Company sub-divided and re-designated each ordinary share of 5p into one deferred share of 4.9p and one ordinary share of 0.1p and was renamed Virtue Broadcasting Plc. The Company acquired 56,450,482 deferred shares of 20p and 113,965,523 deferred shares of 4.9p, which was financed by the proceeds of an issue of one 0.1p ordinary share to a nominated employee of the Company. The deferred shares were cancelled on purchase.

October 2003: The Company placed 30,548,300 0.1p ordinary shares at 2.25p per share.

November 2003: The Company placed 27,500,000 0.1p ordinary shares at 4p per share.

August 2004: The Company had a bonus issued of 7,499,987,904 ordinary shares of 0.1p each to each holder of ordinary shares in the capital of the Company on the basis of 24 bonus shares for ever existing ordinary share held; and consolidated 25 ordinary shares of 0.1p each in to one ordinary share of 2.5p each.

October 2004:  The Company sub-divided and re-designated each ordinary share of 2.5p into one deferred share of 2.4p and one ordinary share of 0.1p and was renamed World Television Group Plc.

The Takeover Code, which requires equal treatment of shareholders, would apply to any offer for World Television Group Plc. Even if the Company decided to re-register as a private company (i.e. cease to be a plc), the Takeover Code would apply until the tenth anniversary of its ceasing to be AIM listed.

UK company law provides that a person wishing to acquire all the shares cannot force out a minority shareholder unless it has acceptances from the holders of 90% of the shares. It is up to each holder of the remaining shares as to whether it wishes to accept or reject the offer.

In the case of the Company, the major shareholders and persons acting in concert with them own approximately 79% of the Company's shares. If they wished to acquire all of the shares in the Company, they would need to secure the agreement of the holders of 90% of the remaining 21% of shares (approximately 19%).

The Takeover Code also sets out that an offer for the remaining shares, if it is a cash offer, shall be at a price no lower than the highest price paid by the offeror for shares at all times during a specified period.

In addition, UK company law provides that directors have a duty to act fairly as between members of a company.