Transaction in Own Shares

RNS Number : 1277M

Vodafone Group Plc

19 May 2010

 



VODAFONE GROUP PLC

TRANSACTIONS IN OWN SECURITIES

Vodafone Group Plc ("Vodafone" or the "Company") announces today that it has reduced the number of its ordinary shares of U.S.$0.11³/₇ each previously reported to be held in treasury by 27 million.  The Company previously announced on 11 September 2008, in accordance with LR 12.4.6, that it had purchased a total of 27 million ordinary shares ("the Shares") on 10 September 2008 via Lehman Brothers International (Europe) ("LBIE) with the intention of holding the Shares in treasury.  As a result of LBIE being placed into administration on 15 September 2008, the transactions did not settle and so the Shares were not delivered to the Company's designated treasury account and payment for the Shares was not made.  Pursuant to ongoing communications with the administrator of LBIE, the Company has decided to treat the transactions to purchase the Shares as failed and is reflecting this by making the necessary adjustment in its accounts for the year ended 31 March 2010.  The Shares represent 0.046% of the Company's current total issued share capital including treasury shares.  As a result of the correction, the reported number of the Company's ordinary shares in issue, excluding treasury, increases by 27 million. The total number of shares in issue including treasury shares remains the same, therefore.

TRANSFER OF TREASURY SHARES

Vodafone also announces today that it has transferred to participants in its employee share schemes the following number of its ordinary shares of U.S.$0.11³/₇ each, which were previously held as treasury shares.

Ordinary Shares
Date of transfer:	18 May  2010
Number of ordinary shares transferred:	251,695
Highest transfer price per share:	138p
Lowest transfer price per share:	134.5p

Following the above correction and transfer, Vodafone holds 5,140,490,336 of its ordinary shares in treasury and has 52,668,805,933 ordinary shares in issue (excluding treasury shares).

This announcement does not constitute, or form part of, an offer or any solicitation of an offer for securities in any jurisdiction.

 

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