Vodafone Group Plc Transaction in Own Shares (8213Q)
September 15 2017 - 2:00AM
UK Regulatory
TIDMVOD
RNS Number : 8213Q
Vodafone Group Plc
15 September 2017
15 September 2017
Vodafone Group Plc ('Vodafone')
ISIN Code: GB00BH4HKS39
Transaction in Own Shares
Vodafone announces that it has purchased the following number of
its ordinary shares of 0.20(20/21) US cents on Exchange (as defined
in the Rules of the London Stock Exchange) from J.P. Morgan
Securities plc ('J.P. Morgan') as part of its buy-back programme
announced on 31 August 2017 (the 'Programme'). The sole purpose of
this Programme is to reduce the issued share capital of Vodafone to
avoid an increase in the issued share capital as a result of the
maturing of the first tranche of a two-tranche mandatory
convertible bond ('MCB') issued by Vodafone in February 2016. As
announced on 19 February 2016, when the MCB was issued Vodafone
also entered into an accompanying option structure.
Date of purchase: 14 September 2017
------------------------------------- ------------------
Number of ordinary shares of
20(20/21) US cents each purchased: 10,234,565
------------------------------------- ------------------
Highest price paid per share
(pence): 214.6500
------------------------------------- ------------------
Lowest price paid per share
(pence): 210.1500
------------------------------------- ------------------
Volume weighted average price
paid per share (pence): 210.8730
------------------------------------- ------------------
Vodafone intends to hold the purchased shares in treasury.
Following the settlement of the purchased shares, Vodafone will
hold 1,520,695,215 of its ordinary shares in treasury and have
27,293,981,613 ordinary shares in issue (excluding treasury
shares).[1]
As part of the Programme, J.P. Morgan (JPMSGB2L) may elect to
purchase Vodafone ordinary shares and sell such shares to Vodafone
and/or sell to Vodafone ordinary shares it already holds at the
start of the Programme as a result of its role in the accompany
option structure entered into by Vodafone when the MCB was issued.
In connection with the above purchases, on 14 September 2017 J.P.
Morgan (as principal) elected to:
-- sell 6,627,881 Vodafone ordinary shares it held at the start
of the Programme to Vodafone. Vodafone purchased such shares at
210.0250 pence per share as one transaction at 17:26 (BST) on the
London Stock Exchange (transaction reference:
7617301657600413981-20170914); and
-- purchase 3,606,684 Vodafone ordinary shares to sell to
Vodafone. A schedule of individual trades carried out by J.P.
Morgan on 14 September 2017 is set out below. Such ordinary shares
were sold to Vodafone as one transaction at 17:26 (BST) on the
London Stock Exchange at the volume weighted average price paid per
share by J.P. Morgan for such shares which is set out below
(transaction reference: below).
Schedule of purchases - aggregate information
Trading venue Volume weighted average Aggregated volume
price (pence per
share)
------------------------- ---------------------------------- ----------------------------
LSE 210.0250 6,627,881
------------------------- ---------------------------------- ----------------------------
LSE 212.4312 3,606,684
------------------------- ---------------------------------- ----------------------------
Schedule of purchases - individual transactions
To view the schedule of purchases, please paste the following
URL into the address bar of your browser.
http://www.rns-pdf.londonstockexchange.com/rns/8213Q_-2017-9-14.pdf
This announcement will also be available on Vodafone's website
at:
http://www.vodafone.com/content/index/investors/investor_information/press_regulatory/uk_regulatory.html
Enquiries to:
Investor relations: Telephone +44 (0) 7919 990 230
Media: www.vodafone.com/media/contact
[1] Excluding shares transferred out of treasury to satisfy
employee share plan obligations.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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