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Vodafone Group Plc noted on 10 July 2026 that Emirates Telecommunications Group Company PJSC (e&) agreed to dispose of its entire shareholding in Vodafone to Vega, an acquisition vehicle wholly owned by the Niel family group. The relationship agreement between Vodafone and e&, dated 11 May 2023, was terminated, and Hatem Dowidar resigned from the Vodafone Board with immediate effect.
| Date | 10 Jul 2026 |
| Time | 07:00:04 |
| Category | Corporate updates |
| ID | 8672L |
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF THE MARKET ABUSE REGULATION (EU) 596/2014 AS IT FORMS PART OF UK DOMESTIC LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018.
FOR IMMEDIATE RELEASE
10 July 2026
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Vodafone Group Plc Response to e&'s announcement
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Vodafone Group Plc ("Vodafone") notes the announcement by Emirates Telecommunications Group Company PJSC ("e&") today that e& has agreed to dispose of its entire shareholding in Vodafone to Vega, an acquisition vehicle wholly owned by the Niel family group.
The relationship agreement dated 11 May 2023 between Vodafone and e& has been terminated. Hatem Dowidar, who was appointed to the Board of Vodafone as the nominee director of e&, has resigned from the Board with immediate effect.
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For more information, please contact: |
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Investor Relations: |
Media Relations: |
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Registered Office: Vodafone House, The Connection, Newbury, Berkshire RG14 2FN, England. Registered in England No. 1833679 |
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Person responsible
The person responsible for arranging the release of this announcement on behalf of Vodafone is Maaike de Bie, Group General Counsel and Company Secretary (Tel: +44 (0)1635 33251).
About Vodafone
Vodafone is a leading European and African telecoms company.
We serve over 370 million mobile and broadband customers, operating networks in 17 countries with investments in a further three and partners in over 40 more. We have capacity on more than 70 subsea cable systems - the backbone of the internet - and we are developing a new direct-to-mobile satellite communications service to connect areas without coverage. Vodafone runs one of the world's largest IoT platforms, with over 240 million IoT connections globally, and we provide financial services to around 103 million customers across seven African countries - managing more transactions than any other provider.
From the seabed to the stars, Vodafone's mission is to keep everyone connected.
For more information, please visit www.vodafone.com follow us on X at @VodafoneGroup or connect with us on LinkedIn at www.linkedin.com/company/vodafone.