Director/PDMR Shareholding

RNS Number : 3369I

Vodafone Group Plc

01 July 2013

 



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 and their connected persons:

	Number of ordinary shares of US$0.113/7
	in the capital of Vodafone Group Plc
	A	B	C
	Vesting of long term incentive awards(1)	No. of vested shares sold (3)	No. of shares transferred (4)
Vittorio Colao*	4,027,463	1,892,936	2,134,527
Andrew Halford*	2,340,645	1,100,131	1,240,514
Stephen Pusey*	1,288,281	605,520	682,761
Paolo Bertoluzzo	1,067,016	471,458	595,558
Warren Finegold	1,290,294	606,466	683,828
Matthew Kirk	613,372	288,312	325,060
Morten Lundal	975,734	458,623	517,111
Rosemary Martin	654,223	307,513	346,710
Nick Read	899,666	422,871	476,795
Ronald Schellekens	844,931	397,145	447,786
	Vesting of long term incentive awards(2)	No. of vested shares sold (3)	No. of shares transferred (4)
Nick Jeffery	456,993	215,915	241,078

(1)      These share awards which were granted on 28 June 2010 have vested following assessment of the performance and employment conditions to which the awards were subject.  The awards were granted in accordance with the rules of the Vodafone Global Incentive Plan.  Based on the adjusted free cash flow for the three year period ended on 31 March 2013 and a multiplier based on Total Shareholder Return ("TSR") relative to a peer group for the same period, 56.9% of the shares comprised in the awards have vested.

(2)      These share awards which were granted on 28 June 2010 have vested.  The awards were granted in accordance with the rules of the Vodafone Global Incentive Plan.  50% of the awards were based on continued employment over the vesting period and vested entirely.  The remaining 50% of the awards were based on the adjusted free cash flow for the three year period ended on 31 March 2013 and following assessment of the performance and employment conditions, 56.9% of the shares comprised in this award vested.

(3)      The figures in column B are 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 PDMRs on 28 June 2013, inter alia, to satisfy the tax liabilities arising on the vesting of the awards.   These share sales were made at 188.0334 pence per share.

(4)      The figures in column C are the number of shares that the Company has been advised by UBS CEFS were on 28 June 2013 transferred to the PDMRs in satisfaction of the vesting of the awards  disclosed in column A, after deduction of shares sold as disclosed in column B.

* Denotes Director of the Company

As a result of the above, the interests in shares (excluding share options and unvested incentive shares) of the following Directors are as follows:

Vittorio Colao                         8,947,810

Andrew Halford                      3,415,336

Stephen Pusey                      1,814,780

In addition, the Company has been advised by UBS CEFS that on 28 June 2013, Francesca Fiore, a connected person of Paolo Bertoluzzo, acquired 117,267 shares, following the vesting of share awards. 51,840 shares were sold on 28 June 2013 at 187.5606 pence per share to satisfy the tax liabilities arising on the vesting of the awards.

The Company was notified of these changes on 28 June 2013.

 

END

 

 

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