Director/PDMR Shareholding

RNS Number : 1991Y

Vodafone Group Plc

02 July 2008

 



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 persons discharging managerial responsibilities ('PDMRs') of the Company:

	Number of ordinary shares of US$0.113/7 in the capital of Vodafone Group Plc
	A	B	C
	Vesting of long term incentive award (1)	No. of shares sold (2)	No. of shares transferred(3)
Terry Kramer	130,147	54,996	75,151
Frank Rövekamp	107,591	36,117	71,474

• The figures in column A are share awards which were granted on 1 July 2005 and have vested following assessment of the performance and employment conditions to which the awards were subject. The awards were granted in accordance with the rules of the Vodafone Group Plc Global Long Term Incentive Plan (Performance Shares) as governed by the 1999 Long Term Stock Incentive Plan. Based on the performance achieved, 100% of the shares comprised in the awards have vested. 

• The figures in column B are the number of shares of those listed in column A that the Company has been advised by UBS Corporate Employee Financial Services International (CEFS) were sold on behalf of PDMRs on 1 July 2008. These share sales were made at 147.92 pence per share to satisfy the tax liabilities arising on the vesting of the awards. 

• The figures in column C are the net number of shares that the Company has been advised by UBS CEFS were on 1 July 2008 transferred to the directors in satisfaction of the vesting of the awards disclosed in column A.

On 1 July 2008 the Company granted a conditional award of 290 ordinary shares of US $0.113/7   on an all employee basis under the Vodafone Global Incentive Plan, to each of the following PDMRs: Arun Sarin*, Vittorio Colao*, Andrew Halford*, Paul Michael Donovan, Warren Finegold, Terry Kramer, Simon David Lewis, Steve Pusey, Frank Rövekamp and Stephen Roy Scott. Subject to the rules of the Plan, the vesting of these awards is conditional on continued employment with the Vodafone Group until 1 July 2010.

The Company was notified of these changes on 1 July 2008.

* Denotes Director of the Company

S R Scott
Group General Counsel and Company Secretary

 

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