Vodafone Group Plc TRANSFER OF SAFARICOM STAKE TO VODACOM COMPLETED (3037N)
07 Agosto 2017 - 2:15PM
UK Regulatory
TIDMVOD
RNS Number : 3037N
Vodafone Group Plc
07 August 2017
7 August 2017
COMPLETION OF TRANSFER OF 35% INTEREST IN SAFARICOM TO
VODACOM
Further to the announcement of 15 May 2017, Vodafone Group Plc
("Vodafone Group") announces today that its wholly-owned
subsidiary, Vodafone International Holdings B.V. ("Vodafone"), has
completed the transfer of a 35% indirect shareholding in Safaricom
Limited ("Safaricom") to Vodacom Group Limited ("Vodacom"), its
sub-Saharan African subsidiary.
Vodafone has been issued with 233.5 million new shares in
Vodacom, increasing Vodafone Group's shareholding in Vodacom from
65.0% to 69.7%. Vodafone retains an indirect stake of 5% in
Safaricom.
- ends -
For further information:
Media Relations Investor Relations
www.vodafone.com/media/contact Telephone: +44 (0)
7919 990 230
About Vodafone Group
Vodafone Group is one of the world's largest telecommunications
companies and provides a range of services including voice,
messaging, data and fixed communications. Vodafone Group has mobile
operations in 26 countries, partners with mobile networks in 49
more, and fixed broadband operations in 19 markets. As of 30 June
2017, Vodafone Group had 523.5 million mobile customers and 18.5
million fixed broadband customers, including India and all of the
customers in Vodafone's joint ventures and associates. For more
information, please visit: www.vodafone.com
About Safaricom
Safaricom transforms lives.
Safaricom provides voice, data, financial services and
enterprise solutions for a range of subscribers, small businesses
and government, using a variety of platforms. As the biggest
communication company in East and Central Africa, Safaricom
delights over 28 million subscribers, providing over 200,000 touch
points for its customers and offering over 100 different products
under its portfolio.
Listed on the Nairobi Securities Exchange and with annual
revenues in excess of Kshs 200 Billion, Safaricom invested Kshs 38
billion in building its network last year, providing over 80% of
Kenya's population with 4G, 3G and 2G coverage. Safaricom has
harnessed its proprietary fibre infrastructure to build a dedicated
enterprise business, providing managed IT services to clients in
the East African region, as well as to deliver fibre to homes
country-wide. Safaricom pioneered commercial mobile money transfer
globally through M-PESA, the most successful service of its kind
anywhere in the world. Launched in March 2007, M-PESA now has over
26 million customers and over 140,000 M-PESA Agent outlets
countrywide.
About Vodacom
Vodacom is a leading African mobile communication company
providing a wide range of communication services including mobile
voice, messaging, data and converged services to over 66 million
customers. Vodacom has mobile network operations in South Africa,
Lesotho, Tanzania, the DRC and Mozambique. Through Vodacom Business
Africa, Vodacom also offer business managed services to enterprises
in over 30 countries across the continent.
Financial advisor
UBS acted as sole financial advisor to Vodafone on the
transaction.
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCBDGDIUGGBGRR
(END) Dow Jones Newswires
August 07, 2017 08:15 ET (12:15 GMT)
Grafico Azioni Vodafone (LSE:VOD)
Storico
Da Mar 2024 a Apr 2024
Grafico Azioni Vodafone (LSE:VOD)
Storico
Da Apr 2023 a Apr 2024