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Vodafone Group Plc

Vodafone Group Plc Final results of the invitation offer to sell

Vodafone Group Plc (LON:VOD) announced the results of its previously announced invitation to holders of the Bonds to offer to sell their Bonds for cash. HSBC Bank plc acted as the sole Dealer Manager in connection with the Invitation.

The Purchase Price has been set at the Minimum Purchase Price of £97,000 per £100,000 in principal amount of the Bonds. No Bonds tendered for purchase at an Offer Price above the Purchase Price will be accepted for purchase pursuant to the Invitation. Terms not otherwise defined in this press release have the same meaning as defined in the launch press release published by Vodafone on 6 December 2018.

Eligible Bondholders who have submitted valid tender instructions and whose Bonds are accepted for purchase in the Invitation will receive on the Settlement Date a cash consideration equal to the Purchase Price for each Bond accepted for purchase.

The Invitation expired at 4.30 pm London time on 7 December 2018. Vodafone has decided to accept for purchase Bonds submitted pursuant to valid tender instructions which specified an Offer Price equal to the Purchase Price in an aggregate principal amount of £183,900,000.

The settlement is expected to occur on 12 December 2018. HSBC is acting as the settlement agent in relation to the Bonds accepted for purchase by the Offeror pursuant to the Invitation.