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Vodafone Group Plc announced on 28 August 2024 the exercise of its call option on the U.S.$1,300,000,000 Capital Securities due 3 October 2078. The company will redeem all outstanding Securities at their principal amount plus accrued interest on 2 October 2024. Vodafone has also requested the Financial Conduct Authority to cancel the listing of these Securities on the redemption date.
| Date | 28 Aug 2024 |
| Time | 07:00:03 |
| Category | Miscellaneous |
| ID | 8700B |
U.S.$1,300,000,000 Capital Securities due 3 October 2078 (ISIN: XS1888180640; Common Code: 188818064) (the "Securities")
28th August 2024
Vodafone Group Plc (the "Issuer") today gave notice to the holders of its outstanding Securities of the exercise of its Issuer's call option (the "Issuer's Call Option") pursuant to Condition 6(b) of the terms and conditions of the Securities (the "Conditions") set out in Schedule 1 Part 4 to the Trust Deed related to the Securities dated 3 October 2018 (the "Trust Deed").
The Issuer shall redeem all outstanding Securities pursuant to such Issuer's Call Option on 2 October 2024 (the "Redemption Date") at their principal amount together with any accrued and unpaid interest up to (but excluding) the Redemption Date.
Payment of the redemption monies will be made through Euroclear Bank SA/NV and Clearstream Banking S.A., in accordance with their standard procedures.
The Issuer has requested the Financial Conduct Authority (the "FCA") to cancel the listing of all outstanding Securities on the Redemption Date pursuant to LR 5.2.8 of the FCA Listing Rules.
Unless otherwise defined herein, defined terms used have the meanings given to them in the Trust Deed.
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