BT donates £45,000 from staff share scheme to charities chosen by employees

BT, HBOS and Lloyds TSB have given £45,000 from a BT staff share scheme to charities chosen by employees.

The BT Employee Share Ownership scheme offers employees the opportunity to buy BT shares at a discount using the proceeds of savings contracts with the Halifax.

A small amount of money is often left over when this option is taken up, and this amounted to £15,000 when two BT share plans matured this financial year.

HBOS Employee Equity Solutions, which administers the plan, gave a further £15,000, as did Lloyds TSB Registrars, which provides BT shareholders with a share dealing service.

BT director of corporate governance, Alan Scott, said: “BT is delighted to be able to make these generous donations to charities that genuinely reflect the interests of our employees.”

The charities that received donations of £5,000 each were:

  • Addison’s Disease Self Help Group

  • The British Wireless for the Blind Fund

  • Get Kids Going

  • The National Deaf Children’s Society

  • The Not Forgotten Association

  • Vitalise

  • The Way Foundation (Widowed and Young)

  • ChildLine

  • The National Society for the Prevention of Cruelty to Children (NSPCC).

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