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Ordinary shares
The companys shares are listed on the London
Stock Exchange.
Registrar
The companys share register is administered by
Lloyds TSB Registrars, who also provide the following services:
-
GlaxoSmithKline Investment Plan
enables shareholders to reinvest quarterly dividends and/or
make monthly investments in the company's ordinary shares
using a special dealing arrangement.
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GlaxoSmithKline Individual Savings
Account is a tax-efficient way to invest in the companys
ordinary shares.
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GlaxoSmithKline Corporate Sponsored
Nominee provides a facility for shareholders to hold
shares without the need for share certificates. Shareholders
details will not be held on the main share register, and
so will remain confidential.
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Shareview service provides shareholders
with information on their investment in the company. Shareholders
may register for this service at www.shareview.co.uk.
Share dealing facility
NatWest Stockbrokers Limited offers a share dealing service
on behalf of the company to shareholders wishing to buy or
sell the companys shares.
Share price information
Share price information is available on the companys
website at www.gsk.com. Information
made available on the website does not constitute part of
this Annual Review. Information is also available on Ceefax,
Teletext, and from FT Cityline by calling 0906 003 5694 or
0906 843 5694 (calls charged at 60p a minute plus VAT at all
times).
American Depositary Shares
The companys shares are listed on the New York
Stock Exchange in the form of American Depositary Shares (ADSs)
and these are evidenced by American Depositary Receipts (ADRs),
each one of which represents two ordinary shares.
ADR programme administrator
The ADR programme is administered by The Bank of New
York as well as Global BuyDIRECT, a direct ADS purchase/sale
and dividend reinvestment plan for ADR holders.
Annual General Meeting 2003
The Annual General Meeting will be held at the Queen
Elizabeth II Conference Centre, Broad Sanctuary, Westminster,
London SW1P 3EE on 19th May 2003.
SmithKline Beecham plc
Floating Rate Unsecured Loan Stock 1990/2010
The loan stock is not listed on any exchange but holders
may require SmithKline Beecham plc to redeem their loan stock
at par, i.e. £1 for every £1 of loan stock held,
on the first business day of March, June, September and December.
Holders wishing to redeem all or part of their loan stock
should complete the notice on the back of their loan stock
certificate and return it to the registrar, to arrive at least
30 days before the relevant redemption date.
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Financial reporting calendar 2003 |
|
 |
 |
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Announcement of 1st Quarter Results |
30th April 2003 |
 |
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Announcement of 2nd Quarter Results |
23rd July 2003 |
 |
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Announcement of 3rd Quarter Results |
22nd October 2003 |
 |
| |
Preliminary Announcement of Annual
Results |
11th February 2004 |
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Publication of Annual Report/Review |
March 2004 |
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Results Announcements
Results Announcements are issued to the London Stock
Exchange (LSE), and made available on the LSE news service,
and at the same time, or shortly afterwards, are issued to
the media, are made available on the companys website
and are filed in the USA with the Securities and Exchange
Commission and the New York Stock Exchange.
Financial reports
The company publishes an Annual Report and, for the investor
not needing the full detail of the Report, an Annual Review.
These are available from the date of publication on the GlaxoSmithKline
website. The Annual Review is sent to all shareholders on
the date of publication. Shareholders may also elect to receive
the Report by writing to the Companys registrars. Alternatively
shareholders may elect to receive notification by email of
the publication of financial reports by registering on www.shareview.co.uk.
Copies of previous financial reports are available on the
companys website. Printed copies can be obtained from
the companys registrar in the UK and from the companys
Customer Response Center in the USA.
Publications
This year GlaxoSmithKline has again produced a separate
report covering the Groups contribution to society.
The 2002 Corporate and Social Responsibility Report covers
the issues that are of primary interest to stakeholders, including
the contribution to society, business ethics and integrity,
access to medicines, R&D, community investment, the environment
and health and safety. The review is available from the Secretariat
at the companys head office and the website at www.gsk.com.
Share price
| Share price |
2002
£ |
2001
£ |
 |
| At 1st January |
17.23 |
18.90 |
| High during the year |
17.80 |
20.32 |
| Low during the year |
10.57 |
16.26 |
| At 31st December |
11.92 |
17.23 |
 |
| Decrease over year |
(31%) |
(9%) |
The table sets out the middle market closing
prices derived from the LSE Daily Official List. The companys
share price declined by 31 per cent in 2002 from a price of
£17.23 at 1st January 2002 to £11.92 at 31st December
2002. This compares with a decrease in the FTSE 100 index
of 24 per cent during the year. In the two years since the
merger, the share price has declined by 37 per cent from £18.90
at 1st January 2001 which is in line with a similar decrease
in the FTSE 100 index over the same period.
Market capitalisation
The market capitalisation of GlaxoSmithKline at 31st
December 2002 was £72 billion. At that date GlaxoSmithKline
was the third largest company by market capitalisation in
the FTSE index.
Dividends
GlaxoSmithKline pays dividends quarterly. At present
it is expected that there will be a level dividend for each
of the first three quarters, with a higher dividend in the
fourth quarter. Each quarters dividend is announced
at the time of the quarterly Results Announcement.
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The Board has declared dividends for 2002 as follows: |
|
|
|
 |
 |
Dividends per
share |
2002
pence |
2001
pence
|
|
 |
| |
First interim - paid 4th July 2002 |
9 |
9 |
|
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Second interim - paid 3rd October 2002 |
9 |
9 |
|
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Third interim - paid 3rd January 2003 |
9 |
9 |
|
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Fourth interim - payable 17th April
2003 |
13 |
12 |
|
 |
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Total |
40 |
39 |
|
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Dividends (ADSs)
As a guide to holders of ADRs, the tables below set
out the dividends paid per ADS in US dollars in the last five
years. The dividends are adjusted for UK tax credit less withholding
tax, where applicable, and are translated into US dollars
at applicable exchange rates.
Since 6th April 1999, claims for refunds of
tax credits on dividends from the UK tax authorities are of
negligible benefit to US shareholders.
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Year |
GSK($) |
GW($) |
SB($) |
|
 |
| |
2002 |
1.24 |
- |
- |
|
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2001 |
1.11 |
- |
- |
|
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2000 |
- |
1.10 |
0.87 |
|
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1999 |
- |
1.14 |
0.86 |
|
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1998 |
- |
1.19 |
0.81 |
|
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Dividends paid to Glaxo Wellcome and SmithKline
Beecham ADR holders are expressed as dividends per GlaxoSmithKline
ADS.
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Dividend calendar |
|
|
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Fourth quarter 2002 |
|
|
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Ex-dividend date |
19th February 2003 |
|
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Record date |
21st February 2003 |
|
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Payable |
17th April 2003 |
|
 |
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First quarter 2003 |
|
|
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Ex-dividend date |
7th May 2003 |
|
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Record date |
9th May 2003 |
|
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Payable |
3rd July 2003 |
|
 |
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Second quarter 2003 |
|
|
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Ex-dividend date |
30th July 2003 |
|
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Record date |
1st August 2003 |
|
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Payable |
2nd October 2003 |
|
 |
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Third quarter 2003 |
|
|
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Ex-dividend date |
29th October 2003 |
|
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Record date |
31st October 2003 |
|
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Payable |
6th January 2004 |
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