Vodafone Group Plc
03 July 2007
Vodafone Group Plc ('the Company')
In accordance with Disclosure and Transparency Rule 3.1.4R(1), I have to inform
you of the following changes in share interests of directors and PDMRs of the
Company:
Number of ordinary shares of US$0.113/7
in the capital of Vodafone Group Plc
A B C D E
Vesting of short Vesting of No. of shares No. of shares AllShares
term incentive AllShares award sold retained awards
award shares
(1) (2) (3) (4) (5)
Arun Sarin* 1,180,479 320 484,967 695,832 320
Vittorio Colao* 0 0 0 0 320
Andrew Nigel Halford* 0 320 0 320 320
Paul Michael Donovan 0 320 0 320 320
Warren Finegold 0 0 0 0 320
Alan Paul Harper 481,840 320 197,951 284,209 320
Terry Kramer 40,244 320 16,534 24,030 320
Simon David Lewis 0 320 0 320 320
Steve Pusey 0 0 0 0 320
Frank Rovekamp 0 320 0 320 320
Stephen Roy Scott 0 320 0 320 320
* Denotes Director of the Company
(1) The Trustees of the Vodafone Group Employee Trust have
resolved to release these shares to directors following assessment of the
performance, time and employment conditions to which the awards were subject.
Based on the performance achieved, 100% of the shares comprised in the base
award and 80.9% of the shares comprised in the enhancement share award have
vested. The awards were granted on 1 July 2005 in accordance with the Vodafone
Group Short Term Incentive Plan.
(2) The Trustees of the Vodafone Group Employee Share Trust have
resolved to release these shares to directors following assessment of the time
and employment conditions to which the awards were subject. The awards were
granted on 1 July 2005 in accordance with the rules of the Vodafone 1999 Long
Term Stock Incentive Plan and the Vodafone Global All Employee Share Plan.
(3) The figures in column C are the number of shares out of those
listed in columns A and B that the Company has been advised by HBOS Employee
Equity Solutions ('HBOS EES') were sold by the Trustees on 2 July 2007. These
share sales were made at 165.8931 pence per share on behalf of the directors /
PDMRs to satisfy the tax liabilities arising on the release of the shares to the
directors /PDMRs.
(4) The figures in column D are the net number of shares that the
Company has been advised by HBOS EES were on 2 July 2007 transferred from the
Trustees to the directors in satisfaction of the vesting of the awards of shares
disclosed in columns A and B.
(5) On 2 July 2007, the Company granted a conditional award of
320 shares on an all employee basis under the Vodafone Global Incentive Plan.
The shares were awarded at a price of 167.8 pence per share. The vesting of
these awards is conditional on continued employment with the Vodafone Group
until 2 July 2009.
As a result of the above, the interests in shares (excluding share options and
unvested incentive shares) of the following Directors have increased to the
following:
Arun Sarin 7,385,497 (6)
Andrew Halford 674,657
(6) Arun Sarin also has a non-beneficial interest as the trustee of two family
trusts, each holding 5,005 shares.
The Company was notified of these changes on 2 July 2007.
This information is provided by RNS
The company news service from the London Stock Exchange
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.