TIDMVOD

RNS Number : 8206Y

Vodafone Group Plc

14 September 2020

14 September 2020

VODAFONE STATEMENT REGARDING VODAFONE EGYPT

Vodafone Group Plc ("Vodafone") announces that due diligence has been substantively completed with respect to the potential sale of its 55% stake in Vodafone Egypt to Saudi Telecom Company ("stc"). Despite the expiry of the Memorandum of Understanding, Vodafone remains in discussion with stc to finalise the transaction in the near future.

Vodafone now looks to stc and Telecom Egypt to find a suitable agreement to enable the transaction to close.

- ends -

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

About Vodafone

Vodafone is a leading technology communications company keeping society connected and building a digital future for everyone.

Vodafone is focused on two scaled and differentiated regional platforms in Europe and Africa. We operate mobile and fixed networks in 22 countries and partner with mobile networks in 48 more. As at 30 June 2020 we had over 300m mobile customers, more than 27m fixed broadband customers and over 22m TV customers.

We connect for a better future. We are optimistic about how technology and connectivity can enhance the future and improve people's lives. Through our business, we aim to build a digital society that enhances socio-economic progress, embraces everyone and does not come at the cost of our planet. That is why we have committed to improve one billion lives and halve our environmental impact by 2025.

For more information, please visit: www.vodafone.com .

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.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

STREXLFFBKLZBBF

(END) Dow Jones Newswires

September 14, 2020 02:15 ET (06:15 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.
Grafico Azioni Vodafone (NASDAQ:VOD)
Storico
Da Set 2020 a Ott 2020 Clicca qui per i Grafici di Vodafone
Grafico Azioni Vodafone (NASDAQ:VOD)
Storico
Da Ott 2019 a Ott 2020 Clicca qui per i Grafici di Vodafone