Director/PDMR Shareholding

RNS Number : 3555X

Vodafone Group Plc

18 November 2014

 

Vodafone Group Plc ("the Company")

In accordance with Disclosure and Transparency Rule 3.1.4R(1), the Company gives notice of the following changes in share interests of directors, persons discharging managerial responsibilities ("PDMRs") of the Company or their connected persons:

	Number of ordinary shares of US$0.2020/21
	in the capital of Vodafone Group Plc
	A	B	C
	Vesting of long term incentive awards(1)	No. of vested shares sold (2)	No. of shares transferred (3)
Serpil Timuray	18,361	6,612	11,749

(1)      This share award, which was granted on 16 November 2011, has vested.  The award was granted in accordance with the rules of the Vodafone Global Incentive Plan.  The award was based on the adjusted free cash flow for the three year period ended on 31 March 2014 and following assessment of the performance and employment conditions, 37.2% of the shares comprised in this award vested.

(2)      The figure in column B is the number of shares of those listed in column A that the Company has been advised by UBS Corporate Employee Financial Services International ("UBS CEFS") were sold on behalf of the PDMR on 17 November 2014, inter alia, to satisfy the tax liabilities arising on the vesting of the awards. These share sales were made at 226.7034 pence per share.

(3)      The figure in column C is the number of shares that the Company has been advised by UBS CEFS were on 17 November 2014 transferred to the PDMR in satisfaction of the vesting of the awards  disclosed in column A, after deduction of shares sold as disclosed in column B.

The Company was notified of this change on 18 November 2014.

 

END

 

 

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