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Vodafone Group PLC Remuneration Information 2024
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Remuneration Information
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National Storage Mechanism | Additional information 
RNS Number : 8115Y
Vodafone Group Plc
01 August 2024
VODAFONE GROUP PLC
(the "Company")
NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES OR PERSONS CLOSELY ASSOCIATED
Conditional Award of Shares
Conditional awards of shares were granted to the below participants on 31 July 2024 by the Company. The awards have been granted in accordance with the Vodafone Global Incentive Plan. The vesting of these awards is conditional on continued employment with the Vodafone Group and on the satisfaction of performance conditions approved by the Remuneration Committee and will vest on 31 July 2027 unless otherwise stated. The adjusted free cash flow target range for the awards vesting is €7.5bn (threshold) to €9.5bn (maximum), including free cash flow from Vodafone Italy in the financial year 2024/25, with details of the relative total shareholder return and ESG targets being found in the Company's 2024 Annual Report available at vodafone.com/ar2024 . The below tables set out the maximum number of shares granted and these will be reduced accordingly if the Company achieves less than maximum performance.
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Margherita Della Valle
2
Reason for the notification
a)
Position/status
Vodafone Group Chief Executive
b)
Initial notification/ Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Vodafone Group Plc
b)
LEI
213800TB53ELEUKM7Q61
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument and identification code
Ordinary shares of US$0.20 20/21 each in Vodafone Group Plc (ISIN: GB00BH4HKS39)
b)
Nature of the transaction
Grant of nil cost conditional award of shares under the Global Incentive Plan, based on Group performance.
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| GBP 0.7314 | 8,545,255 |
d)
Aggregated information: volume, Price
Aggregated volume: 8,545,255 Ordinary shares
Aggregated price: GBP 6,249,999.51
e)
Date of the transaction
2024-07-31
f)
Place of the transaction
Outside a trading venue
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Luka Mucic
2
Reason for the notification
a)
Position/status
Vodafone Group Chief Financial Officer
b)
Initial notification/ Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Vodafone Group Plc
b)
LEI
213800TB53ELEUKM7Q61
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument and identification code
Ordinary shares of US$0.20 20/21 each in Vodafone Group Plc (ISIN: GB00BH4HKS39)
b)
Nature of the transaction
Grant of nil cost conditional award of shares under the Global Incentive Plan, based on Group performance.
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| GBP 0.7314 | 4,675,963 |
d)
Aggregated information: volume, Price
Aggregated volume: 4,675,963 Ordinary shares
Aggregated price: GBP 3,419,999.34
e)
Date of the transaction
2024-07-31
f)
Place of the transaction
Outside a trading venue
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Marika Auramo
2
Reason for the notification
a)
Position/status
CEO of Vodafone Business
b)
Initial notification/ Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Vodafone Group Plc
b)
LEI
213800TB53ELEUKM7Q61
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument and identification code
Ordinary shares of US$0.20 20/21 each in Vodafone Group Plc (ISIN: GB00BH4HKS39)
b)
Nature of the transaction
Grant of nil cost conditional award of shares under the Global Incentive Plan, based on Group performance.
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| GBP 0.7314 | 3,007,929 |
d)
Aggregated information: volume, Price
Aggregated volume: 3,007,929 Ordinary shares
Aggregated price: GBP 2,199,999.27
e)
Date of the transaction
2024-07-31
f)
Place of the transaction
Outside a trading venue
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Maaike de Bie
2
Reason for the notification
a)
Position/status
Group General Counsel and Company Secretary
b)
Initial notification/ Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Vodafone Group Plc
b)
LEI
213800TB53ELEUKM7Q61
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument and identification code
Ordinary shares of US$0.20 20/21 each in Vodafone Group Plc (ISIN: GB00BH4HKS39)
b)
Nature of the transaction
Grant of nil cost conditional award of shares under the Global Incentive Plan, based on Group performance.
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| GBP 0.7314 | 2,816,516 |
d)
Aggregated information: volume, Price
Aggregated volume: 2,816,516 Ordinary shares
Aggregated price: GBP 2,059,999.80
e)
Date of the transaction
2024-07-31
f)
Place of the transaction
Outside a trading venue
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Ahmed Essam
2
Reason for the notification
a)
Position/status
Executive Chairman Vodafone Germany and CEO European Markets
b)
Initial notification/ Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Vodafone Group Plc
b)
LEI
213800TB53ELEUKM7Q61
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument and identification code
Ordinary shares of US$0.20 20/21 each in Vodafone Group Plc (ISIN: GB00BH4HKS39)
b)
Nature of the transaction
Grant of nil cost conditional award of shares under the Global Incentive Plan, based on Group performance.
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| GBP 0.7314 | 4,101,722 |
d)
Aggregated information: volume, Price
Aggregated volume: 4,101,722 Ordinary shares
Aggregated price: GBP 2,999,999.47
e)
Date of the transaction
2024-07-31
f)
Place of the transaction
Outside a trading venue
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Shameel Joosub
2
Reason for the notification
a)
Position/status
CEO Vodacom Group
b)
Initial notification/ Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Vodafone Group Plc
b)
LEI
213800TB53ELEUKM7Q61
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument and identification code
Ordinary shares of US$0.20 20/21 each in Vodafone Group Plc (ISIN: GB00BH4HKS39)
b)
Nature of the transaction
Grant of nil cost conditional award of shares under the Global Incentive Plan, based on Group performance.
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| GBP 0.7314 | 854,168 |
d)
Aggregated information: volume, Price
Aggregated volume: 854,168 Ordinary shares
Aggregated price: GBP 624,738.48
e)
Date of the transaction
2024-07-31
f)
Place of the transaction
Outside a trading venue
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Scott Petty
2
Reason for the notification
a)
Position/status
Vodafone Group Chief Technology Officer
b)
Initial notification/ Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Vodafone Group Plc
b)
LEI
213800TB53ELEUKM7Q61
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument and identification code
Ordinary shares of US$0.20 20/21 each in Vodafone Group Plc (ISIN: GB00BH4HKS39)
b)
Nature of the transaction
Grant of nil cost conditional award of shares under the Global Incentive Plan, based on Group performance.
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| GBP 0.7314 | 2,816,516 |
d)
Aggregated information: volume, Price
Aggregated volume: 2,816,516 Ordinary shares
Aggregated price: GBP 2,059,999.80
e)
Date of the transaction
2024-07-31
f)
Place of the transaction
Outside a trading venue
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Joakim Reiter
2
Reason for the notification
a)
Position/status
Chief External and Corporate Affairs Officer
b)
Initial notification/ Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Vodafone Group Plc
b)
LEI
213800TB53ELEUKM7Q61
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument and identification code
Ordinary shares of US$0.20 20/21 each in Vodafone Group Plc (ISIN: GB00BH4HKS39)
b)
Nature of the transaction
Grant of nil cost conditional award of shares under the Global Incentive Plan, based on Group performance.
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| GBP 0.7314 | 2,816,516 |
d)
Aggregated information: volume, Price
Aggregated volume: 2,816,516 Ordinary shares
Aggregated price: GBP 2,059,999.80
e)
Date of the transaction
2024-07-31
f)
Place of the transaction
Outside a trading venue
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Alberto Ripepi
2
Reason for the notification
a)
Position/status
Group Chief Network Officer
b)
Initial notification/ Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Vodafone Group Plc
b)
LEI
213800TB53ELEUKM7Q61
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument and identification code
Ordinary shares of US$0.20 20/21 each in Vodafone Group Plc (ISIN: GB00BH4HKS39)
b)
Nature of the transaction
Grant of nil cost conditional award of shares under the Global Incentive Plan, based on Group performance.
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| GBP 0.7314 | 2,533,429 |
d)
Aggregated information: volume, Price
Aggregated volume: 2,533,429 Ordinary shares
Aggregated price: GBP 1,852,949.97
e)
Date of the transaction
2024-07-31
f)
Place of the transaction
Outside a trading venue
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Serpil Timuray
2
Reason for the notification
a)
Position/status
CEO Vodafone Investments
b)
Initial notification/ Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Vodafone Group Plc
b)
LEI
213800TB53ELEUKM7Q61
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument and identification code
Ordinary shares of US$0.20 20/21 each in Vodafone Group Plc (ISIN: GB00BH4HKS39)
b)
Nature of the transaction
Grant of nil cost conditional award of shares under the Global Incentive Plan, based on Group performance.
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| GBP 0.7314 | 3,664,205 |
d)
Aggregated information: volume, Price
Aggregated volume: 3,664,205 Ordinary shares
Aggregated price: GBP 2,679,999.54
e)
Date of the transaction
2024-07-31
f)
Place of the transaction
Outside a trading venue
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Leanne Wood
2
Reason for the notification
a)
Position/status
Chief Human Resources Officer
b)
Initial notification/ Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Vodafone Group Plc
b)
LEI
213800TB53ELEUKM7Q61
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument and identification code
Ordinary shares of US$0.20 20/21 each in Vodafone Group Plc (ISIN: GB00BH4HKS39)
b)
Nature of the transaction
Grant of nil cost conditional award of shares under the Global Incentive Plan, based on Group performance.
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| GBP 0.7314 | 3,336,067 |
d)
Aggregated information: volume, Price
Aggregated volume: 3,336,067 Ordinary shares
Aggregated price: GBP 2,439,999.40
e)
Date of the transaction
2024-07-31
f)
Place of the transaction
Outside a trading venue
A conditional award of shares was granted to the below participant on 31 July 2024 by the Company. The award has been granted in accordance with the Vodafone Global Incentive Plan. The vesting of this award is conditional on continued employment with the Vodafone Group and will vest on 31 July 2026. The award also attracts dividend equivalent awards.
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Marika Auramo
2
Reason for the notification
a)
Position/status
CEO of Vodafone Business
b)
Initial notification/ Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Vodafone Group Plc
b)
LEI
213800TB53ELEUKM7Q61
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument and identification code
Ordinary shares of US$0.20 20/21 each in Vodafone Group Plc (ISIN: GB00BH4HKS39)
b)
Nature of the transaction
Grant of nil cost conditional award of shares under the Global Incentive Plan, subject to continued employment.
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| GBP 0.7314 | 1,503,964 |
d)
Aggregated information: volume, Price
Aggregated volume: 1,503,964 Ordinary shares
Aggregated price: GBP 1,099,999.27
e)
Date of the transaction
2024-07-31
f)
Place of the transaction
Outside a trading venue
A conditional award of shares was granted to the below participant on 31 July 2024 by the Company. The award has been granted in accordance with the Vodafone Global Incentive Plan. The vesting of the award is conditional on continued employment with the Vodafone Group and on the satisfaction of performance conditions approved by the Remuneration Committee and will vest on 31 July 2027. The below table sets out the maximum number of shares granted and these will be reduced accordingly if less than maximum performance is achieved. The award also attracts dividend equivalent awards.
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Ahmed Essam
2
Reason for the notification
a)
Position/status
Executive Chairman Vodafone Germany and CEO European Markets
b)
Initial notification/ Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Vodafone Group Plc
b)
LEI
213800TB53ELEUKM7Q61
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument and identification code
Ordinary shares of US$0.20 20/21 each in Vodafone Group Plc (ISIN: GB00BH4HKS39)
b)
Nature of the transaction
Grant of nil cost conditional award of shares under the Global Incentive Plan, based on local market and Group performance.
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| GBP 0.7314 | 4,101,722 |
d)
Aggregated information: volume, Price
Aggregated volume: 4,101,722 Ordinary shares
Aggregated price: GBP 2,999,999.47
e)
Date of the transaction
2024-07-31
f)
Place of the transaction
Outside a trading venue
Acquisition of shares
The below individuals acquired shares under the Vodafone Global Incentive Plan. The vesting of the share awards was conditional on continued employment with the Vodafone Group.
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Aldo Bisio
2
Reason for the notification
a)
Position/status
Chief Commercial Officer and CEO Vodafone Italy
b)
Initial notification/ Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Vodafone Group Plc
b)
LEI
213800TB53ELEUKM7Q61
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument and identification code
Ordinary shares of US$0.20 20/21 each in Vodafone Group Plc (ISIN: GB00BH4HKS39)
b)
Nature of the transaction
Vesting of retention shares as part of the Global Long Term Retention (GLTR) plan.
Sale of shares to satisfy tax withholding obligations.
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| GBP nil | 603,416 |
| GBP 0.733398 | 250,101 |
d)
Aggregated information: volume, Price
Aggregated volume of shares acquired: 603,416 Ordinary shares
Aggregated price of shares acquired: GBP nil
Aggregated volume of shares sold: 250,101 Ordinary shares
Aggregated price of shares sold: GBP 183,423.57
e)
Date of the transaction
2024-07-29
f)
Place of the transaction
London Stock Exchange (XLON)
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