TIDMVOD

RNS Number : 7047C

Vodafone Group Plc

29 June 2016

VODAFONE GROUP PLC

('the Company')

NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL

RESPONSIBILITY OR CONNECTED PERSONS

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 share 
                                   of US$0.20 (20) /(21) 
                                 in the capital of Vodafone 
                                         Group Plc 
                      ---------------------------------------------- 
                           A           B         C           D 
--------------------  -----------  --------  --------  ------------- 
                        Vesting     No. of    No. of       No. of 
                         of long     vested    vested      shares 
                          term       shares    shares    transferred 
                        incentive     sold      sold         (6) 
                          award       (4)       (5) 
                           (1) 
--------------------  -----------  --------  --------  ------------- 
 Vittorio Colao 
  *                     970,586     456,201               514,385 
--------------------  -----------  --------  --------  ------------- 
 Nick Read *            397,335     186,772               210,563 
--------------------  -----------  --------  --------  ------------- 
 Paolo Bertoluzzo       432,947     216,248               216,699 
--------------------  -----------  --------  --------  ------------- 
 Antonio Coimbra        352,228     158,528               193,700 
--------------------  -----------  --------  --------  ------------- 
 Warren Finegold        368,488     173,213               195,275 
--------------------  -----------  --------  --------  ------------- 
 Nick Jeffery           311,092     146,237    6,651      158,204 
--------------------  -----------  --------  --------  ------------- 
 Matthew Kirk           222,569     104,632   76,897       41,040 
--------------------  -----------  --------  --------  ------------- 
 Rosemary Martin        286,895     134,865   14,669      137,361 
--------------------  -----------  --------  --------  ------------- 
 Ronald Schellekens     342,201     160,859   47,178      134,164 
--------------------  -----------  --------  --------  ------------- 
                        Vesting     No. of    No. of       No. of 
                         of long     vested    vested      shares 
                          term       shares    shares    transferred 
                        incentive     sold      sold         (6) 
                          award       (4)       (5) 
                           (2) 
--------------------  -----------  --------  --------  ------------- 
 Paolo Bertoluzzo       192,949     96,158                 96,791 
--------------------  -----------  --------  --------  ------------- 
 Warren Finegold        153,977     72,539                 81,438 
--------------------  -----------  --------  --------  ------------- 
 Nick Jeffery           129,992     61,122                 68,870 
--------------------  -----------  --------  --------  ------------- 
 Rosemary Martin        119,882     56,370                 63,512 
--------------------  -----------  --------  --------  ------------- 
 Ronald Schellekens     142,991     67,231                 75,760 
--------------------  -----------  --------  --------  ------------- 
                        Vesting     No. of    No. of       No. of 
                         of long     vested    vested      shares 
                          term       shares    shares    transferred 
                        incentive     sold      sold         (6) 
                          award       (4)       (5) 
                           (3) 
--------------------  -----------  --------  --------  ------------- 
 Jeroen Hoencamp        247,701     116,450   16,251      115,000 
--------------------  -----------  --------  --------  ------------- 
 Serpil Timuray         270,406     94,671                175,735 
--------------------  -----------  --------  --------  ------------- 
 

* Denotes Director of the Company

(1) These share awards which were granted on 26 June 2013 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 2016 and a multiplier based on Total Shareholder Return ("TSR") relative to a peer group for the same period, 23.19% of the shares comprised in the awards have vested.

(2) These share awards which was granted on 26 June 2014 has vested. The award was granted in accordance with the rules of the Vodafone Global Incentive Plan. The award was based on continued employment over the vesting period and vested entirely. The vesting of these awards incorporates dividend equivalent awards accrued during the vesting period.

(3) These share awards which were granted on 26 June 2013 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 2016 and following assessment of the performance and employment conditions, 33.3% of the shares comprised in this award vested. The vesting of these awards incorporates dividend equivalent awards accrued during the vesting period.

(4) The figure in column B is the number of shares of those listed in column A that the Company has been advised by UBS (London) ("UBS") were sold on behalf of the PDMR on 27 June 2016, inter alia, to satisfy the estimated tax and social security withholding obligations arising on the vesting of the awards. This share sale was made at the price of 211.8749 pence per share.

(5) The figure in column C is the number of shares of those listed in column A that the Company has been advised by UBS were sold on behalf of the PDMR for personal reasons on 27 June 2016. This share sale was made at the price of 211.8749 pence per share.

(6) The figure in column D is the number of shares that the Company has been advised by UBS were on 27 June 2016 transferred to the PDMRs in satisfaction of the vesting of the award disclosed in column A, after deduction of shares sold as disclosed in columns B and C.

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

   Vittorio Colao                11,420,608 
   Nick Read                        2,296,820 

The Company was notified of these changes on 28 June 2016.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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June 29, 2016 12:00 ET (16:00 GMT)

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