Last checked at 11 Sep 2020 07:00
Vodafone Group Plc ⫶ Vantage Towers CMD
11 September 2020
Vantage Towers Capital Markets Day to be held on 17 November 2020
The Vantage Towers management team will be hosting a Capital Markets Day on 17 November, which will cover the strategy, operations and selected financial information of the business (the "CMD").
Vantage Towers is Europe's leading tower infrastructure operator, with over 68,000 towers across 9 markets, and #1 or #2 market positions by number of sites in almost all markets. Vantage Towers has highly secure, predictable cash flows typically with inflation-linked adjustments, underpinned by long-term contractual arrangements, with highly rated tenants, including Vodafone as the anchor tenant.
Vantage Towers currently has a tenancy ratio of 1.5x across the portfolio, with compelling structural growth opportunities from mobile coverage obligations and increasing end-user demand for data, with potential to expand into adjacent services and through targeted M&A. Vantage Towers supports Europe's digitalisation by establishing and maintaining extensive, high quality and resilient networks, which form the backbone of digital services and a sustainable digital society.
The CMD will be a virtual only event comprising presentation materials and on-demand webcasts available from 7am GMT on 17 November 2020, followed by a live webcast Q&A session at 2pm GMT on 17 November 2020. No registration is required in advance and all information will be available via the Vodafone investor website (investors.vodafone.com) and the Vantage Towers website (vantagetowers.com).
To accommodate the CMD, Vodafone Group Plc FY21 interim results will now be released on 16 November 2020.
Important Notice
The information contained herein does not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration, exemption from registration or qualification under the securities laws of any jurisdiction.
This report contains "forward-looking statements" within the meaning of the US Private Securities Litigation Reform Act of 1995. Forward-looking statements are sometimes, but not always, identified by their use of a date in the future or such words as "will". By their nature, forward-looking statements are inherently predictive, speculative and involve risk and uncertainty because they relate to events and depend on circumstances that may or may not occur in the future. No assurances can be given that the forward-looking statements in this document will be realised. Any forward-looking statements are made of the date of this announcement. Subject to compliance with applicable law and regulations, neither Vodafone or Vantage Towers intends to update these forward-looking statements and does not undertake any obligation to do so.
For more information, please contact:
Investor Relations Media Relations
Investors.vodafone.com Vodafone.com/media/contact
ir@vodafone.co.uk GroupMedia@vodafone.com
Registered Office: Vodafone House, The Connection, Newbury, Berkshire RG14 2FN, England. Registered in England No. 1833679