Vodafone Group (NASDAQ: VOD) delists 4.375% Notes due May 2028

Rhea-AI Filing Summary

Vodafone Group notified the removal of its 4.375% Notes due May 2028 from listing and registration on Nasdaq. The notification states Nasdaq and the issuer have each complied with the applicable rules governing voluntary withdrawal and delisting.

Insights

Capital Markets Attorney

Delisting is procedural; compliance steps completed.

The filing is a Form 25 notice that the 4.375% Notes due May 2028 will be removed from Nasdaq listing. It states both Nasdaq and the issuer complied with the rule provisions cited under 17 CFR 240.12d2-2.

Cash‑flow treatment and secondary trading arrangements are not specified in the excerpt; subsequent filings or exchange notices typically record final delisting effective dates and any transition of trading venue.

Fixed Income Analyst

Bond security delisting noted; investor logistics matter most.

The notice concerns a specific bond class, the 4.375% Notes due May 2028; it does not provide financial impact, outstanding amounts, or trading details. Investors holding these notes should expect administrative follow ups on trading location and transfer procedures.

Monitoring exchange communications and account custodians will show how trading and settlement will be handled after removal.

UNITED STATES

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SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 25

NOTIFICATION OF REMOVAL FROM LISTING AND/OR REGISTRATION
UNDER SECTION 12(b) OF THE SECURITIES EXCHANGE ACT OF 1934.

Commission File Number

001-10086

Issuer:	VODAFONE GROUP PUBLIC LTD CO
Exchange:	Nasdaq Stock Market LLC

(Exact name of Issuer as specified in its charter, and name of Exchange where security is listed and/or registered)

Address:	Vodafone House
	The Connection
	Newbury, Berkshire	UNITED KINGDOM	RG14 2FN
Telephone number:					+016 3533251

(Address, including zip code, and telephone number, including area code, of Issuer's principal executive offices)

4.375% Notes due May 2028

(Description of class of securities)

Please place an X in the box to designate the rule provision relied upon to strike the class of securities from listing and registration:

17 CFR 240.12d2-2(a)(1)

17 CFR 240.12d2-2(a)(2)

17 CFR 240.12d2-2(a)(3)

17 CFR 240.12d2-2(a)(4)

Pursuant to 17 CFR 240.12d2-2(b), the Exchange has complied with its rules to strike the class of securities from listing and/or withdraw registration on the Exchange. ¹

Pursuant to 17 CFR 240.12d2-2(c), the Issuer has complied with its rules of the Exchange and the requirements of 17 CFR 240.12d-2(c) governing the voluntary withdrawal of the class of securities from listing and registration on the Exchange.

Pursuant to the requirements fo the Securities Exchange Act of 1934, Nasdaq Stock Market LLC certifies that it has reasonable grounds to believe that it meets all of the requirements for filing the Form 25 and has caused this notification to be signed on its behalf by the undersigned duly authorized person.

2026-03-25	By	Jennifer Fainer		CDO Analyst
Date		Name		Title

¹ Form 25 and attached Notice will be considered compliance with the provisions of 17 CFR 240.19d-1 as applicable. See General Instructions.

Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Vodafone (VOD) file with the SEC regarding its May 2028 notes?

Vodafone filed a Form 25 notifying removal of its 4.375% Notes due May 2028 from Nasdaq listing. The filing states both Nasdaq and the issuer complied with the rule provisions cited under 17 CFR 240.12d2-2 governing voluntary withdrawal.

Does the Form 25 state why the 4.375% May 2028 notes were removed?

The Form 25 excerpt does not state a commercial reason; it certifies procedural compliance. It records that Nasdaq and the issuer each complied with the requirements under 17 CFR 240.12d2-2 for voluntary withdrawal and delisting of that class of securities.

Will Vodafone receive proceeds from this delisting of the notes?

The filing is a procedural delisting notice and does not mention any proceeds or cash flows. It only certifies compliance with exchange rules for withdrawal; no information about payments, repurchases, or refinancing appears in the provided excerpt.

What should noteholders of VOD’s May 2028 bonds expect after this filing?

Noteholders should expect administrative follow ups about trading venue and settlement; the Form 25 itself only notes delisting compliance. Custodians, brokers, or subsequent exchange notices typically provide the effective delisting date and instructions for post‑delisting transfers.