Director/PDMR Shareholding

RNS Number : 2738R

Vodafone Group Plc

15 November 2012

 



Vodafone Group Plc ("the Company")

The following announcement is made in accordance with Disclosure and Transparency Rule 3.1.4R.

On 14 November 2012, the Company granted a conditional award of performance shares over 2,713,845 ordinary shares of US$0.11³/₇ each in the capital of Vodafone Group Plc to Philipp Humm, a PDMR of the Company. The award has been granted in accordance with the Vodafone Global Incentive Plan (incorporating co-investment). The vesting of this award is conditional on continued employment with the Vodafone Group, retention of co-investment and on the satisfaction of a performance condition approved by the Remuneration Committee. For further details of the Vodafone Global Incentive Plan, please see pages 79 and 80 of the Company's 2012 Annual Report, available at www.vodafone.com/investor.

PDMRs are subject to the Company's share ownership guidelines, which provide that they will acquire and maintain minimum levels of shareholding. The level of ownership is two times salary for PDMRs who are members of the Executive Committee but not directors of the Company. The Company was advised on 15 November 2012 by UBS Trustees (Jersey) Limited that on 15 November 2012 Philipp Humm acquired an interest in 205,584 ordinary shares of US$0.11 ³/₇ each in the Company at the price of 162.3 pence per share, on the London Stock Exchange.  These shares will be used for the purpose of co-investment.

 

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