TIDMVOD
RNS Number : 6236A
Vodafone Group Plc
30 May 2019
Vodafone Group Plc announces final results of Tender Offers
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO OR TO
ANY PERSON LOCATED OR RESIDENT IN THE UNITED STATES, ITS
TERRITORIES AND POSSESSIONS, ANY STATE OF THE UNITED STATES OR THE
DISTRICT OF COLUMBIA OR IN OR INTO ANY OTHER JURISDICTION WHERE IT
IS UNLAWFUL TO RELEASE, PUBLISH OR DISTRIBUTE THIS DOCUMENT
THIS ANNOUNCEMENT RELATES TO THE DISCLOSURE OF INFORMATION THAT
QUALIFIED OR MAY HAVE QUALIFIED AS INSIDE INFORMATION WITHIN THE
MEANING OF ARTICLE 7(1) OF THE MARKET ABUSE REGULATION (EU)
596/2014
30 May 2019. Vodafone Group Plc (the Company) announces today
the final results of its invitations to holders of (a) its
outstanding EUR1,750,000,000 1.000 per cent. Notes due 11 September
2020 (ISIN: XS1109802303) (the September 2020 Notes), (b) its
outstanding EUR750,000,000 0.875 per cent. Notes due 17 November
2020 (ISIN: XS1323028479) (the November 2020 Notes) and (c) its
outstanding EUR1,250,000,000 1.250 per cent. Notes due 25 August
2021 (ISIN: XS1372838240) (the 2021 Notes and together with the
September 2020 Notes and the November 2020 Notes, the Notes) to
tender their Notes for purchase by the Company for cash up to an
aggregate maximum Purchase Price (excluding Accrued Interest) of
EUR1,500,000,000 (the Maximum Aggregate Purchase Price) subject to
the satisfaction of the New Financing Condition (each an Offer, and
together, the Offers).
The Offers were announced on 21 May 2019 and were made on the
terms and subject to the conditions (including the New Financing
Condition) contained in the tender offer memorandum dated 21 May
2019 (the Tender Offer Memorandum) prepared by the Company for the
Offers. Capitalised terms used in this announcement but not defined
have the meanings given to them in the Tender Offer Memorandum.
The Expiration Deadline for the Offers was 4.00 p.m. (London
time) on 29 May 2019.
The Company announces that the New Financing Condition has been
satisfied and it has determined that the Maximum Aggregate Purchase
Price will be EUR1,499,998,415.98.
The Company announces it will accept validly tendered Notes
pursuant to the Offers in the amounts as set out in the table
below.
Description of the Common code / Aggregate Purchase Price Series Pro-ration Aggregate
Notes ISIN nominal amount (per EUR1,000 Acceptance Factor nominal amount
validly in nominal Amount (if any) outstanding
tendered for amount) after the
purchase Settlement
Date*
--------------- -------------- -------------- --------------- --------------- --------------
EUR1,750,000,000
1.000 per cent.
Notes due 11 110980230 /
September 2020 XS1109802303 EUR706,340,000 EUR1,012.92 EUR706,340,000 n/a EUR955,760,000
--------------- -------------- -------------- --------------- --------------- --------------
EUR750,000,000
0.875 per cent.
Notes due 17 132302847 /
November 2020 XS1323028479 EUR266,325,000 EUR1,015.80 EUR266,325,000 n/a EUR431,262,000
EUR1,250,000,000
1.250 per cent.
Notes due 137283824 /
25 August 2021 XS1372838240 EUR513,005,000 EUR1,031.38 EUR498,361,000 95.7745% EUR751,639,000
* Following the cancellation of (i) Notes purchased pursuant to
the Offers; and (ii) Notes separately held by the subsidiaries of
the Company. On or around the Settlement Date, the Company intends
to procure the cancellation of EUR87,900,000 of the September 2020
Notes and EUR52,413,000 of the November 2020 Notes currently held
by its subsidiaries (thereby cancelling all Notes for the time
being held by the Company or its subsidiaries).
The expected Settlement Date for the Offers is 31 May 2019.
ING Bank N.V. (Telephone: +44 20 7767 6784 / +31 20 5632132;
Attention: Liability Management Team; Email:
liability.management@ing.com);
Merrill Lynch International (Telephone: +44 20 7996 5420; Email:
DG.LM_EMEA@baml.com; Attention: Liability Management Group);
NatWest Markets Plc (Telephone: +44 20 7678 5282; Email:
liabilitymanagement@natwestmarkets.com; Attention: Liability
Management); and
Société Générale (Telephone: +44 20 7676 7951; Email:
liability.management@sgcib.com; Attention: Liability Management -
DCM) are acting as Dealer Managers for the Offers.
Lucid Issuer Services Limited (Telephone: +44 20 7704 0880;
Email: vodafone@lucid-is.com; Attention: Paul Kamminga) is acting
as Tender Agent for the Offers.
This announcement is made by the Company and contains
information that qualified or may have qualified as inside
information for the purposes of Article 7 of the Market Abuse
Regulation (EU) 596/2014 (MAR), encompassing information relating
to the Notes described above. For the purposes of MAR and Article 2
of Commission Implementing Regulation (EU) 2016/1055, this
announcement is made by Rosemary Martin, Group General Counsel and
Company Secretary of Vodafone.
DISCLAIMER This announcement must be read in conjunction with
the Tender Offer Memorandum. No offer or invitation to acquire any
securities is being made pursuant to this announcement. The
distribution of this announcement and the Tender Offer Memorandum
in certain jurisdictions may be restricted by law. Persons into
whose possession this announcement and/or the Tender Offer
Memorandum comes are required by each of the Company, the Dealer
Managers and the Tender Agent to inform themselves about, and to
observe, any such restrictions.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
RTEWGURGAUPBGUU
(END) Dow Jones Newswires
May 30, 2019 06:22 ET (10:22 GMT)
Vodafone (LSE:VOD)
Gráfica de Acción Histórica
De Feb 2024 a Mar 2024
Vodafone (LSE:VOD)
Gráfica de Acción Histórica
De Mar 2023 a Mar 2024