Vodafone (VOD) calls £500m 2078 capital securities for 2025 redemption

Rhea-AI Filing Summary

Vodafone Group Plc has exercised its call option on its £500,000,000 Capital Securities due 3 October 2078. All outstanding securities will be redeemed on 3 October 2025 at their principal amount plus any accrued and unpaid interest up to, but excluding, the redemption date.

Redemption payments will be processed through Euroclear Bank SA/NV and Clearstream Banking S.A. in line with their standard procedures. Vodafone has also asked the UK Financial Conduct Authority to cancel the listing of these securities on the redemption date, so they will no longer be listed after the repayment.

Form 6-K: How Foreign Companies Report to the SEC →

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 6-K

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULES 13a-16 OR 15d-16 UNDER

THE SECURITIES EXCHANGE ACT OF 1934

Dated August 21, 2025

Commission File Number: 001-10086

VODAFONE GROUP

PUBLIC LIMITED COMPANY

(Translation of registrant’s name into English)

VODAFONE HOUSE, THE CONNECTION, NEWBURY, BERKSHIRE, RG14 2FN, ENGLAND

(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

Form 20-F ✓ Form 40-F _

This Report on Form 6-K contains a Stock Exchange Announcement dated 21 August 2025 entitled ‘Call Option Exercise and Related Cancellation’.

21 August 2025

Announcement of Issuer's Call Option Exercise and Related Cancellation of the Listing of the Securities

£500,000,000 Capital Securities due 3 October 2078

(ISIN: XS1888180996; Common Code: 188818099) (the "Securities")

Vodafone Group Plc (the "Issuer") today gave notice to the holders of its outstanding Securities of the exercise of its Issuer's call option (the "Issuer's Call Option") pursuant to Condition 6(b) of the terms and conditions of the Securities (the "Conditions") set out in Schedule 1 Part 4 to the Trust Deed related to the Securities dated 3 October 2018 (the "Trust Deed").

The Issuer shall redeem all outstanding Securities pursuant to such Issuer's Call Option on 3 October 2025 (the "Redemption Date") at their principal amount together with any accrued and unpaid interest up to (but excluding) the Redemption Date.

Payment of the redemption monies will be made through Euroclear Bank SA/NV and Clearstream Banking S.A., in accordance with their standard procedures.

The Issuer has requested the Financial Conduct Authority (the "FCA") to cancel the listing of all outstanding Securities on the Redemption Date pursuant to UKLR 21.2.17 of the FCA Listing Rules.

Unless otherwise defined herein, defined terms used have the meanings given to them in the Trust Deed.

LEI Number (Vodafone Group Plc): 213800TB53ELEUKM7Q61

ENDS

About Vodafone

Vodafone is a leading European and African telecoms company.

We serve over 355 million mobile and broadband customers, operating networks in 15 countries with investments in a further five and partners in over 40 more. Our undersea cables transport around a sixth of the world's internet traffic, 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 215 million IoT connections, and we provide financial services to around 92 million customers across seven African countries - managing more transactions than any other provider.

From the seabed to the stars, Vodafone's purpose 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.

For more information, please contact:
Investor Relations:	investors.vodafone.com	ir@vodafone.co.uk	Media Relations:	Vodafone.com/media/contact	GroupMedia@vodafone.com
Registered Office: Vodafone House, The Connection, Newbury, Berkshire RG14 2FN, England. Registered in England No. 1833679

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorised.

	VODAFONE GROUP
	PUBLIC LIMITED COMPANY
	(Registrant)
Date: August 21, 2025	By: /s/ M D B
	Name: Maaike de Bie
	Title: Group General Counsel and Company Secretary

FAQ

What did Vodafone (VOD) announce regarding its £500,000,000 Capital Securities?

Vodafone announced it has exercised its issuer call option on its £500,000,000 Capital Securities due 3 October 2078. All outstanding securities will be redeemed at principal amount plus accrued and unpaid interest on 3 October 2025, ending their listing afterward.

When will Vodafone (VOD) redeem its £500,000,000 Capital Securities?

Vodafone will redeem all outstanding £500,000,000 Capital Securities on 3 October 2025. Holders will receive the principal amount together with any accrued and unpaid interest up to, but excluding, that redemption date, in line with the securities’ terms and conditions.

At what price will Vodafone (VOD) redeem the 2078 Capital Securities?

Vodafone will redeem the Capital Securities at their principal amount together with any accrued and unpaid interest. Interest will be calculated up to, but excluding, 3 October 2025, in accordance with Condition 6(b) of the securities’ terms and related trust deed.

How will Vodafone (VOD) pay the redemption amounts for the Capital Securities?

Redemption monies will be paid through Euroclear Bank SA/NV and Clearstream Banking S.A. Payments will follow those clearing systems’ standard procedures, meaning investors will typically receive funds via the intermediaries or custodians through which they hold the securities.

What happens to the listing of Vodafone (VOD) Capital Securities after redemption?

Vodafone has requested the Financial Conduct Authority to cancel the listing of all outstanding Capital Securities on the 3 October 2025 redemption date. Once cancellation is effective, the redeemed securities will no longer be listed or tradable on that regulated market.

Which contractual provision allows Vodafone (VOD) to redeem these Capital Securities early?

The early redemption uses Vodafone’s issuer call option under Condition 6(b) of the securities’ terms and conditions. Those conditions are set out in Schedule 1 Part 4 of the related trust deed dated 3 October 2018 governing the £500,000,000 Capital Securities.