Director/PDMR Shareholding

RNS Number : 2303I

Vodafone Group Plc

07 August 2019

 

 VODAFONE GROUP PLC

(the "Company")

NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS

Partial surrender of 2020 Global Long Term Incentive awards

Vodafone Group Plc today announces that, further to the announcement made on 10 July 2019, the 2020 Global Long Term Incentive ("GLTI") conditional share awards granted to Chief Executive, Nick Read, and Chief Financial Officer, Margherita Della Valle, under the Global Incentive Plan on 26 June 2019 (the "Awards") have been reduced by 20%.  The number of shares subject to the Awards that have been voluntarily surrendered for nil consideration by Nick Read and Margherita Della Valle as a result are set out below;

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Nick Read
2	Reason for the notification
a)	Position/status	Vodafone Group Chief Executive Officer
b)	Initial notification/ Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Vodafone Group Plc
b)	LEI	549300MSQV80HSATBG53
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument and identification code	Ordinary shares of US$0.20 20/21 each in Vodafone Group Plc (ISIN: GB00BH4HKS39)
b)	Nature of the transaction	Partial surrender of a conditional share award granted on 26 June 2019 under the Global Incentive Plan.
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil consideration 971,910
d)	Aggregated information:  volume, Price	Aggregated volume: 971,910 ordinary shares
e)	Date of the transaction	2019-08-06
f)	Place of the transaction	Outside of trading venue

 

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Margherita Della Valle
2	Reason for the notification
a)	Position/status	Vodafone Group Chief Financial Officer
b)	Initial notification/ Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Vodafone Group Plc
b)	LEI	549300MSQV80HSATBG53
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument and identification code	Ordinary shares of US$0.20 20/21 each in Vodafone Group Plc (ISIN: GB00BH4HKS39)
b)	Nature of the transaction	Partial surrender of a conditional share award granted on 26 June 2019 under the Global Incentive Plan.
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil consideration 591,597
d)	Aggregated information:  volume, Price	Aggregated volume: 591,597 ordinary shares
e)	Date of the transaction	2019-08-05
f)	Place of the transaction	Outside of trading venue

 

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