Report of Foreign Issuer Pursuant to Rule 13a-16 or 15d-16 (6-k)
03 Oktober 2022 - 3:38PM
Edgar (US Regulatory)
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 October 3, 2022
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 x Form 40-F
¨
Indicate by check mark if the registrant is submitting
the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ¨
Indicate by check mark if the registrant is submitting
the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ¨
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. 333-240163), 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DATE ON WHICH THIS REPORT IS FURNISHED, TO THE EXTENT NOT SUPERSEDED BY DOCUMENTS OR REPORTS SUBSEQUENTLY FILED OR FURNISHED.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
3 October 2022 entitled ‘Vodafone confirms discussions in relation to Vodafone UK and Three
UK’.
RNS Number : 5635B
Vodafone Group Plc
03 October 2022
03 October 2022
Vodafone confirms discussions
in relation to Vodafone UK and Three UK
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION
Vodafone Group Plc ("Vodafone")
notes the recent press speculation in relation to Vodafone UK and Three UK.
Vodafone confirms that it is in
discussions with CK Hutchison Holdings Limited ("CK Hutchison") in relation to a possible combination of Vodafone UK and Three
UK.
The envisaged transaction would
involve both companies combining their UK businesses, with Vodafone owning 51% and our partner CK Hutchison owning 49% of the combined
business.
The relative ownership would be
achieved through a differential leverage contribution at closing, and no cash consideration will be paid.
The UK Government rightly sees
5G as transformational for the economy and society and critical to the UK becoming more competitive in an increasingly digital world.
The conditions to ensure thriving
competition in the market need to be nurtured, otherwise the UK is at risk of losing the opportunity to be a 5G leader. As Ofcom has
identified, some operators in the UK - Vodafone UK and Three UK - lack the necessary scale to earn their cost of capital (1).
By combining our businesses, Vodafone
UK and Three UK will gain the necessary scale to be able to accelerate the rollout of full 5G in the UK and expand broadband connectivity
to rural communities and small businesses.
The merged business would challenge
the two already consolidated players for all UK customers and bring benefits through competitively priced access to a third reliable,
high quality, and secure 5G network throughout the UK.
There can be no certainty that
any transaction between the two companies will ultimately be agreed.
If required, a further announcement
will be made when appropriate.
This announcement contains inside
information for the purposes of Article 7 of the Market Abuse Regulation (EU) No 596/2014 as it forms part of domestic UK law as defined
in the Market Abuse (Amendment) (EU Exit) Regulations (SI 2019/310).
(1) Ofcom's Discussion Paper
(February 2022) described Vodafone UK and Three UK as sub-scale operators
- ends -
For more information, please contact:
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Investor Relations |
Media Relations |
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Investors.vodafone.com |
Vodafone.com/media/contact |
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ir@vodafone.co.uk |
GroupMedia@vodafone.com |
Registered Office: Vodafone House, The Connection,
Newbury, Berkshire RG14 2FN, England. Registered in England No. 1833679
Person responsible
The person responsible for arranging
the release of this announcement on behalf of Vodafone is Rosemary Martin, Group General Counsel and Company Secretary (Tel: +44 (0)1635
33251).
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.
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VODAFONE
GROUP |
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PUBLIC
LIMITED COMPANY |
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(Registrant) |
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Dated:
October 3, 2022 |
By: |
/s/ R E S MARTIN |
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Name:
Rosemary E S Martin |
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Title:
Group General Counsel and Company Secretary |
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