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Director/PDMR Shareholding

7 Aug 2019 09:38

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

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
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