4th Aug 2006 10:41
Vodafone Group Plc04 August 2006 B SHARES SCHEME ELECTIONS AND REDEMPTION OF B SHARES As announced on 31 July 2006 Vodafone Group Plc ("the Company") made a return ofcapital by way of a B share scheme, of 15 pence for each existing issuedordinary share held at the close of business on 28 July 2006. As part of thereturn of capital, certain shareholders were given the following choices: - to take an initial dividend of 15 pence in respect of their B shares; - to have their B shares redeemed for 15 pence each, and/or - to retain their B shares for redemption in the future: The Company today announces that shareholders holding in aggregate: - 28,036,064,426 B shares (representing 42.31% of the total number of B shares issued) will receive the initial dividend; 38,047,576,785 B shares (representing 57.41% of the total number of B shares issued) have chosen to have their B shares redeemed and accordingly 38,047,576,785 B shares were redeemed today; and - 187,394,029 B shares (representing 0.28% of the total number of B shares issued) have retained their B shares to be redeemed in the future on 5 February or 5 August in each calendar year until 5 August 2008. Payments in respect of B shares redeemed today will be settled through the CRESTsystem or, for certificated holders, cheques will be despatched, on Friday 11August 2006 and cheques will be despatched in respect of initial dividends onFriday 11 August 2006. The next date on which outstanding B shares may beredeemed is 5 February 2007 and the Company shall redeem all B shares remainingin issue on 5 August 2008. P R S HowieDeputy Company Secretary This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Vodafone