Vodafone Group Plc
14 February 2007
NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL
RESPONSIBILITY OR CONNECTED PERSONS
Vodafone Group Plc ('the Company')
In accordance with Disclosure and Transparency Rule 3.1.4R(1), I have to inform
you that on 13 February 2007, Terry Dean Kramer, a person discharging managerial
responsibility, was granted an option over 350,024 ordinary shares of US$0.113/7
each in the Company in accordance with the Vodafone Global Incentive Plan and
with the Company's policy on long-term incentives that has been approved by
shareholders. The option will be exercisable at a price of 151.25p which is the
London Stock Exchange closing price per share on 12 February 2007.
The option will be exercisable subject to continued employment with the Vodafone
Group and the satisfaction of a performance condition approved by the
Remuneration Committee. The performance conditions is that compound growth in
adjusted earnings per share over the three-year performance period must exceed
at least 5% per annum. If the compound growth is 5% per annum, 25% of the
option will vest rising to full vesting if compound growth is 10% per annum. In
the event that full vesting is not achieved after three years, the option will
lapse. The option is normally exercisable at any time between 3 and 10 years
from the date of grant.
S R Scott
Group General Counsel and Company Secretary
This information is provided by RNS
The company news service from the London Stock Exchange
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