It's been a while since we last updated you on how many imutual shares have been issued to members, so here are updated totals:
Shares allocated to members as at 4/11/2011
Awarded: 258,251
Validated but not yet awarded*: 99,970
Provisional**: 334,317
* For transactions which have not yet been awarded, but have been validated and so we would expect to award them in the near future
** For unvalidated tranasactions. These include cashback transactions not yet validated by merchants, but a large proportion (167,900) relates to welcome bonuses where people have registered but not yet completed their shareholder registration
So the best figure to use for 'shares earned by members' is Awarded+Validated = 358,211 shares
Example for illustration
Say you had a total of 10,000 shares (excluding 'provisional' transactions), your shareholding would represent 2.8% of shares issued to members. As members' shares effectively comprise 90% of total equity in imutual PLC, you would 'own' just over 2.5% of the company