ESOPJul 31, 2026, 12:56 PM
Vodafone Awards Shares & Options to 11 PDMRs
AI Summary
Vodafone Group Plc announced the grant of Global Long-Term Incentive (GLTI) performance shares and Market Value Share Options (MVSO) to 11 Persons Discharging Managerial Responsibilities (PDMRs) on July 30, 2026. These awards, made under the Vodafone Global Incentive Plan, are conditional on continued employment and specific performance targets over a three-year period ending March 31, 2029. Performance conditions for GLTI include adjusted Free Cash Flow targets ranging from €8.7 billion to €10.3 billion, as well as ESG ambitions related to women in management and emissions reduction. The MVSO awards have an exercise price of £1.1123 per share.
Key Highlights
- Vodafone granted Global Long-Term Incentive (GLTI) shares and Market Value Share Options (MVSO) to 11 PDMRs.
- Awards were granted on July 30, 2026, under the Vodafone Global Incentive Plan.
- Vesting is conditional on continued employment and performance over a three-year period ending March 31, 2029.
- GLTI performance conditions include adjusted Free Cash Flow targets of €8.7bn (threshold) to €10.3bn (maximum).
- ESG ambitions for GLTI include 39% women in management and 81.5% reduction in Scope 1 & 2 emissions by March 31, 2029.
- MVSO options have an exercise price of £1.1123 per share.
- CEO Margherita Della Valle received 4,070,955 GLTI shares and 4,885,147 MVSO options.
- CFO Pilar López received 2,053,176 GLTI shares and 2,463,813 MVSO options.
Price Impact
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