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Vodafone exercises repurchase-event option; cancels €1.0B security listing

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Vodafone Group Plc announced it will redeem all outstanding €1,000,000,000 capital securities due 27 August 2080 after exercising its Issuer’s Substantial Repurchase Event Redemption Option.

The redemption will occur on 24 November 2025 at the securities’ principal amount plus any accrued and unpaid interest up to, but excluding, the redemption date. Payment will be made via Euroclear and Clearstream under their standard procedures.

Vodafone has also requested the FCA to cancel the listing of these securities on the redemption date.

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Insights

Vodafone will retire €1.0B hybrid securities, paying principal plus accrued interest on Nov 24, 2025.

Vodafone exercised its Substantial Repurchase Event Redemption Option on its €1,000,000,000 capital securities due 27 August 2080. The company states all outstanding securities will be redeemed at principal plus accrued and unpaid interest up to the redemption date.

Operationally, payments will settle through Euroclear and Clearstream, which indicates standard clearing for the redemption. The listing is set to be cancelled on the redemption date pursuant to FCA rules.

The filing does not detail funding sources or balance sheet effects. Actual impact will depend on Vodafone’s broader capital allocation and refinancing strategy as disclosed in subsequent reports.

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 November 13, 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 SHALL BE DEEMED TO BE INCORPORATED BY REFERENCE IN EACH OF THE REGISTRATION STATEMENT ON FORM F-3 (FILE NO. 333-273441), THE REGISTRATION STATEMENT ON FORM S-8 (FILE NO. 333-81825) AND THE REGISTRATION STATEMENT ON FORM S-8 (FILE NO. 333-149634) OF VODAFONE GROUP PUBLIC LIMITED COMPANY AND TO BE A PART THEREOF FROM THE DATE ON WHICH THIS REPORT IS FURNISHED, TO THE EXTENT NOT SUPERSEDED BY DOCUMENTS OR REPORTS SUBSEQUENTLY FILED OR FURNISHED.


This Report on Form 6-K contains a Stock Exchange Announcement dated November 13, 2025 entitled ‘1,000,000,000 CAPITAL SECURITIES DUE 27 AUGUST 2080’


13 NOVEMBER 2025

€1,000,000,000 CAPITAL SECURITIES DUE 27 AUGUST 2080

 

 

(ISIN: XS2225157424; Common Code: 222515742) (the “Securities”)

Announcement of Issuer’s Substantial Repurchase Event Redemption Option Exercise and Related Cancellation of the Listing of the Securities

Vodafone Group Plc (the “Issuer”) today gave notice to the holders of its outstanding Securities of the exercise of its Issuer’s Substantial Repurchase Event Redemption Option pursuant to Condition 6(f) 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 27 August 2020 (the “Trust Deed”).

The Issuer shall redeem all outstanding Securities pursuant to such Issuer’s Substantial Repurchase Event Redemption Option on 24 November 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 –

 

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

About Vodafone Group

everyone.connected

Vodafone is a leading European and African telecoms company.

We serve over 360 million mobile and broadband customers, operating networks in 15 countries with investments in a further five and partners in over 40 more. We are a leading operator of submarine cables, 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 223


million IoT connections globally, and we provide financial services to around 94 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.


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: November 13, 2025     By:   /s/ M D B
    Name:   Maaike de Bie
    Title:   Group General Counsel and Company Secretary

FAQ

What did Vodafone (VOD) announce in this 6-K?

Vodafone exercised its Issuer’s Substantial Repurchase Event Redemption Option to redeem all outstanding €1,000,000,000 capital securities due 27 August 2080.

When will the Vodafone capital securities be redeemed?

The redemption date is 24 November 2025.

At what price will the securities be redeemed?

At their principal amount plus any accrued and unpaid interest up to (but excluding) the redemption date.

How will redemption payments be made?

Payments will be made through Euroclear Bank SA/NV and Clearstream Banking S.A. following their standard procedures.

What happens to the listing of these Vodafone securities?

Vodafone requested the FCA to cancel the listing of all outstanding securities on the redemption date.

Which securities are affected by this announcement?

The €1,000,000,000 capital securities due 27 August 2080, ISIN XS2225157424 (Common Code 222515742).

What option did Vodafone use to redeem the securities?

The Issuer’s Substantial Repurchase Event Redemption Option under Condition 6(f) of the securities’ terms.