Vodafone Group Plc
15 June 2006
Vodafone Group Plc ('the Company')
In accordance with Section 329 of the Companies Act 1985 and Disclosure Rule
3.1.4R(1) of the Disclosure Rules sourcebook, I have to inform you of the
following changes in share interests of directors and PDMRs of the Company:
Ordinary Shares of US$0.10
in the capital of Vodafone Group Plc
A B
Purchased shares New Global Incentive
Plan Awards
Arun Sarin* 725,663 619,304
Andrew Nigel Halford* 282,202 240,840
Paul Michael Donovan 296,567 253,100
Frank Rovekamp 56,655 51,225
* Denotes Director of the Company
(A) The Company was advised today by Mourant ECS Trustees Limited that on 15
June 2006 the above named directors and persons discharging managerial
responsibility acquired an interest in the number of shares of US$0.10 each
in the Company in column A above at the price of 115.00p per share pursuant
to the rules of the Vodafone Global Incentive Plan. These purchases were
made from the proceeds of the cash bonuses, after tax and social security,
outlined in the Company's Annual Report for the year ended 31 March 2006.
(B) Conditional awards of the number of shares in column B above were granted
on 15 June 2006 by the Trustees of the Vodafone Global Employee Trust. The
awards have been made in accordance with the Vodafone Global Incentive
Plan. The shares were awarded at a price of 115.00 pence per share. These
shares will normally be transferred to participants on or shortly after the
second anniversary of the date of grant of the award, subject to the
continued employment of the participants, retention of the shares purchased
on 15 June 2006 set out in (A) above and the achievement of a performance
target approved by the Remuneration Committee. The condition is dependent
on growth in basic adjusted earnings per share over the two year
performance period. Seventy-five percent of the award will be released for
the achievement of EPS growth of eleven percent over the two year period,
rising on a straight line basis to one hundred percent vesting for growth
of fifteen percent over the two-year period.
As a result of the above, the interests in shares (excluding share options and
unvested incentive shares) of the following Directors have increased to the
following:
Arun Sarin 5,669,663
Andrew Nigel Halford 390,709
The Company was notified of these changes on 15 June 2006.
S R Scott
Company Secretary
This information is provided by RNS
The company news service from the London Stock Exchange
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Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
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