TALKTALK TELECOM GROUP LIMITED

Shareholders of TalkTalk Telecom Group Limited

One shareholder is disclosed. The confirmation statement made on 26 March 2025 and filed on 1 April 2025 records TALKTALK FINCO 2 LIMITED holding 1,146,269,670 ordinary shares — the whole issued share capital, so 100% — and records that the same 1,146,269,670 shares were transferred on 19 December 2024 by TALKTALK FINCO LIMITED, which now holds none. The confirmation statement made on 15 December 2025 was filed with no updates, so this remains the position on the register. The shares are ordinary shares of 0.1p each; note 20 to the accounts for the year ended 28 February 2025 states 1,146 million shares in issue with a nominal value of £1m, and the holder is entitled to one vote per share.

The company’s own PSC register carries one active entry: Talktalk Finco 2 Limited, notified on 19 December 2024, with nature of control recorded as ownership of shares of 75% or more, ownership of voting rights of 75% or more, and the right to appoint or remove directors. Two entries have ceased: Talktalk Finco Limited (notified 30 April 2021, ceased 19 December 2024) and Tosca Iom Limited (notified 26 March 2021, ceased 30 April 2021), the latter being the vehicle that acquired the company in the 2021 take-private.

Ultimate beneficial ownership

No natural person is registrable as a person with significant control of TalkTalk Telecom Group Limited. Its only PSC is a corporate entity, which is the correct outcome where the first registrable legal entity in the chain is a UK company that keeps its own PSC register.

Note 11 to the company financial statements for the year ended 28 February 2025 names TalkTalk Holdings Limited, incorporated in England and Wales, as the ultimate parent undertaking and controlling party. The PSC register of TalkTalk Holdings Limited (company number 12903683) does record a natural person: Sir Charles William Dunstone, British, notified on 12 March 2021, with nature of control “ownership of voting rights – more than 25% but not more than 50%”. Two corporate PSCs are recorded alongside him on the same date — Toscafund Asset Management LLP (OC320318) in the same voting-rights band, and HSBC Global Custody Nominee (UK) Limited (00228660) in the band “ownership of shares – more than 25% but not more than 50%”. Morgan Stanley Client Securities Nominees Limited (09655385) was a PSC of that company until 19 October 2022.

Those are persons with significant control of TalkTalk Holdings Limited, not of TalkTalk Telecom Group Limited, and the UK register publishes bands rather than exact percentages. An effective ownership percentage through the chain therefore cannot be calculated, and none is stated here. Before the 2021 take-private, the last annual report as a listed company recorded notified interests at 10 March 2021 of Sir Charles Dunstone 342,286,127 shares (29.86%), Toscafund Asset Management 338,409,955 (29.52%) and Mr David PJ Ross 127,885,730 (11.16%); that is a historical position in a different company structure and does not describe ownership today.

Data availability

Availability is Full for this entity: the United Kingdom publishes both the full shareholder list on the confirmation statement of a non-traded company and the PSC register, and both were retrieved. The limitation is that UK PSC disclosure is banded, so ownership above the immediate holder can be described only in bands. One defect in the baseline data on this page: the stored shareholder row gives the share price as £1 and the total value as £1,146,269,670, whereas the shares have a nominal value of 0.1p each and the total nominal capital is about £1.15m; the share count and the 100% figure are correct. A second point of caution is in the public register itself — the active PSC entry for Talktalk Finco 2 Limited states registration number 12984607, which is the number of Talktalk Finco Limited; Talktalk Finco 2 Limited is registered under number 16017096.

Sources

• Companies House, confirmation statement made 26 March 2025 (filed 1 April 2025), TALKTALK TELECOM GROUP LIMITED (07105891) — https://find-and-update.company-information.service.gov.uk/company/07105891/filing-history. Retrieved 29 September 2026.
• Companies House, persons with significant control, TALKTALK TELECOM GROUP LIMITED (07105891) — https://find-and-update.company-information.service.gov.uk/company/07105891/persons-with-significant-control. Register as at 29 September 2026; retrieved 29 September 2026.
• Companies House, persons with significant control, TALKTALK HOLDINGS LIMITED (12903683) — https://find-and-update.company-information.service.gov.uk/company/12903683/persons-with-significant-control. Register as at 29 September 2026; retrieved 29 September 2026.
• Companies House, company overview, TALKTALK FINCO 2 LIMITED (16017096) — https://find-and-update.company-information.service.gov.uk/company/16017096. Retrieved 29 September 2026.
• TalkTalk Telecom Group Limited, Annual Report 2025 (year ended 28 February 2025), notes 11 and 20; filed at Companies House 5 August 2025 — https://find-and-update.company-information.service.gov.uk/company/07105891/filing-history. Retrieved 29 September 2026.
• TalkTalk Telecom Group Limited, Annual Report 2021 (eleven months ended 28 February 2021), Directors’ report, significant shareholdings prior to the Public to Private Transaction; published 24 May 2021 — https://www.talktalkgroup.com/uploads/cta-card-images/2021_-_Talk_Talk_Telecoms_Group_Limited_Annual_Report_2021_(1).pdf. Retrieved 29 September 2026.

Directors and officers of TalkTalk Telecom Group Limited

The Companies House register shows 33 officers in total for TalkTalk Telecom Group Limited, of whom 28 have resigned, leaving five active appointments held by four people. The current directors are Sir Charles William Dunstone (appointed 20 January 2010), James Donald Smith (appointed 17 April 2023), Steven Scott (appointed 19 December 2024) and Paul O’Donnell (appointed 30 December 2024). James Donald Smith also holds the separate office of Company Secretary, appointed 19 December 2024. No active appointment carries a resignation or termination date, and no re-appointment is recorded for any of them — the only amendment filed since is a CH01 change of director’s details for James Donald Smith, filed 24 October 2025 and effective 19 December 2024.

The register records nationality for every current director: British for Sir Charles Dunstone, James Donald Smith and Steven Scott, and Irish for Paul O’Donnell. Place of residence is recorded separately as England, Scotland, the United Kingdom and Ireland respectively. Identity verification under the Economic Crime and Corporate Transparency Act is shown as complete for all four. Correspondence addresses for all five appointments are at the registered office, Soapworks, Ordsall Lane, Salford M5 3TT; these are service addresses, not home addresses. Occupation is not published by Companies House for these appointments. The annual report for the year ended 28 February 2025 describes the board roles behind the register entries: Sir Charles Dunstone as Executive Chairman, James Smith as Group Chief Executive Officer, and Steven Scott and Paul O’Donnell as Non-Executive Directors, Mr O’Donnell being described as independent; it also records that this board took over operational governance of the group on 19 December 2024 and met twice in the year, with all four attending both meetings.

Recent officer changes

• Termination of appointment of Tristia Adele Harrison as a director, effective 31 August 2024 (form TM01 filed 2 September 2024).
• Appointment of Steven Scott as a director, and termination of Timothy Simon Morris as Company Secretary, both effective 19 December 2024, with James Donald Smith appointed Company Secretary the same day (forms AP01, TM02 and AP03 filed 20 and 23 December 2024).
• Appointment of Paul O’Donnell as a director, effective 30 December 2024 (form AP01 filed 3 January 2025).

Data availability

Availability is Full. The United Kingdom publishes current and former officers with appointment and resignation dates, role, nationality, place of residence and month and year of birth, and all of those fields were retrieved for this company; nationality is therefore disclosed here rather than inferred. There is no missing company-secretary appointment: the office has been continuously filled since incorporation (Shamim Kazeneh 15 December 2009 to 20 January 2010, Timothy Simon Morris 20 January 2010 to 19 December 2024, James Donald Smith from 19 December 2024). Two defects in the baseline data on this page should be noted. First, the stored officer feed holds 41 rows against the register’s 33 officers, because eight people are duplicated under two records each (David Goldie, Brent Hoberman, James Powell, John Gildersleeve, Ian West, Nigel Langstaff, Howard Stringer and Tristia Harrison). Second, the stored address_country field does not describe the correspondence address it sits beside: it reads IE for Paul O’Donnell and US on one of the two duplicate rows for James Powell and Howard Stringer, while every one of those correspondence addresses is in England. The stored active/resigned statuses, appointment dates and resignation dates all reconcile with the register.

Sources

• Companies House, officers, TALKTALK TELECOM GROUP LIMITED (07105891) — https://find-and-update.company-information.service.gov.uk/company/07105891/officers. Register as at 29 September 2026; retrieved 29 September 2026.
• Companies House, filing history (forms TM01, AP01, TM02, AP03, CH01), TALKTALK TELECOM GROUP LIMITED (07105891) — https://find-and-update.company-information.service.gov.uk/company/07105891/filing-history. Retrieved 29 September 2026.
• TalkTalk Telecom Group Limited, Annual Report 2025, Corporate governance section; filed at Companies House 5 August 2025 — https://find-and-update.company-information.service.gov.uk/company/07105891/filing-history. Retrieved 29 September 2026.

Group structure of TalkTalk Telecom Group Limited

TalkTalk Telecom Group Limited is part of a verified corporate group and is not independent. Its immediate parent is TalkTalk Finco 2 Limited (16017096), which has held the whole issued share capital since 19 December 2024. Note 11 to the company financial statements for the year ended 28 February 2025 names TalkTalk Holdings Limited (12903683) as the ultimate parent undertaking and controlling party. Each link in the chain — TalkTalk Holdings to TalkTalk Midco Limited (12985026), to TalkTalk Finco Limited (12984607), to TalkTalk Finco 2 Limited, to this company — is recorded on the relevant PSC register with a notification date. Note 9 to the consolidated accounts lists 45 subsidiary undertakings, 38 of them held at 100%, six at 50.1% and one consolidated on the grounds of substance with no shareholding, incorporated in England and Wales, Sweden, Poland and North Macedonia, plus two joint ventures. This company is the smallest group for which consolidated accounts are prepared; TalkTalk Holdings Limited heads the largest. Information dates: 28 February 2025 for the accounts, 29 September 2026 for the registers.

The two consumer-facing names sit inside this group rather than above it. The retail TalkTalk broadband service is supplied by TalkTalk Telecom Limited (04633015), which the company’s website names as the contracting entity and which became a direct subsidiary of TalkTalk Telecom Group Limited on 19 December 2024, having previously been held below TalkTalk Group Limited and then TalkTalk Telecom Holdings Limited. The brand intellectual property followed: the FY2025 company accounts record that the company acquired intellectual property from TalkTalk Brands Limited for £211m and then transferred it to TalkTalk Telecom Limited for the same value in exchange for one additional share. PlatformX Communications and PXC are, per the PXC website, trading names of TalkTalk Communications Limited (03849133) and Virtual1 Limited (06177891), both group subsidiaries.

Verified corporate relationships

Recent structural changes

• 19 December 2024 — refinancing reorganisation. On completion of the group’s refinancing, TalkTalk Finco 2 Limited replaced TalkTalk Finco Limited as sole shareholder and PSC of this company. The FY2025 accounts record that the entire shareholdings of Virtual1 Limited and its subsidiaries and of Origin Communications Limited were transferred into the group by TalkTalk Finco Limited for £59m and £25m respectively, and that TFP Telecoms 2 Limited was transferred by shareholders of TalkTalk Holdings Limited to TalkTalk Telecom Limited for £5.05m. TalkTalk Telecom Limited also moved to become a direct subsidiary of this company on the same date.
• 1 April 2026 and 15 July 2026 — new direct subsidiaries and a name transfer. Three companies were incorporated on 1 April 2026 as TalkTalk A Co Limited (17131084), TalkTalk B Co Limited (17131162) and TalkTalk C Co Limited (17131056), each recording TalkTalk Telecom Group Limited as its sole PSC from that date. On 15 July 2026 B Co was renamed PlatformX Communications Limited and C Co was renamed TalkTalk Telecommunications Limited, while the existing company 03565511, which had been named PlatformX Communications Ltd since 2023 and filed dormant-company accounts to 28 February 2025, was renamed TalkTalk D Co Limited the same day. Charges were registered over 17131162 and 17131056 on 13 August 2026. The filings record the steps; they do not state their purpose, and no completed transfer of business has been filed.
• Fibre infrastructure separated in 2020. FibreNation Limited (11441177) left the group: its PSC register records TalkTalk Communications Limited ceasing as a person with significant control on 27 March 2020 and CityFibre Infrastructure Holdings Limited (08772997) being notified from that date. CityFibre announced the acquisition on 21 January 2020. Separately, the group’s holding in Freedom Fibre Limited was diluted from 40% to 3.15% and, per note 10 to the FY2025 accounts, is no longer treated as an associate.

Data availability

Availability is Full: the United Kingdom publishes the PSC register for every company in the chain, and the company files consolidated accounts containing a complete list of subsidiary undertakings with ownership percentages. The limitations are that UK PSC disclosure is banded rather than exact, so ownership of the intermediate parents is stated as “75% or more” rather than as a figure; and that subsidiary percentages come from the accounts to 28 February 2025, so entities created or moved since that date are evidenced by the register alone. A defect worth noting in the baseline group tree on this page: it carries no ownership percentages at all, so the six entities held at 50.1% are displayed in the same way as those held at 100%. On the question of court-sanctioned restructuring, no Part 26A restructuring plan appears in the filing history of this company or of TalkTalk Finco 2 Limited, TalkTalk Finco Limited, TalkTalk Midco Limited or TalkTalk Holdings Limited as at 29 September 2026; the group’s 2024 and 2025 recapitalisations were implemented consensually by exchange offer and consent solicitation, and the only court process on this company’s record is the Part 26 scheme of arrangement of 2021.

Sources

• Companies House, persons with significant control registers for 07105891, 16017096, 12984607, 12985026, 12903683, 04633015, 17131084, 17131162, 17131056 and 11441177 — e.g. https://find-and-update.company-information.service.gov.uk/company/07105891/persons-with-significant-control. Registers as at 29 September 2026; retrieved 29 September 2026.
• TalkTalk Telecom Group Limited, Annual Report 2025 (year ended 28 February 2025), notes 9, 10, 11 and 24; filed at Companies House 5 August 2025 — https://find-and-update.company-information.service.gov.uk/company/07105891/filing-history. Retrieved 29 September 2026.
• Companies House, filing histories and previous company names for 17131162, 17131056 and 03565511 — https://find-and-update.company-information.service.gov.uk/company/03565511/filing-history. Retrieved 29 September 2026.
• PlatformX Communications (PXC), corporate website legal statement — https://www.pxc.co.uk/. Retrieved 29 September 2026.
• TalkTalk, consumer legal information — https://www.talktalk.co.uk/legal. Retrieved 29 September 2026.
• CityFibre, “CityFibre acquires FibreNation and adds TalkTalk as strategic customer”, 21 January 2020 — https://cityfibre.com/news/cityfibre-acquires-fibrenation-and-adds-talktalk-as-strategic-customer-increasing-its-rollout-plans-to-pass-up-to-8-million-premises. Retrieved 29 September 2026.