Vodafone Group Plc Statement on Iliad announcement relating to Italy (1463X)
December 18 2023 - 5:06AM
UK Regulatory
TIDMVOD
RNS Number : 1463X
Vodafone Group Plc
18 December 2023
18 December 2023
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION
Statement on Iliad announcement relating to Italy
Vodafone Group Plc ("Vodafone") notes today's announcement from
Iliad regarding a proposed merger of Vodafone Italy and Iliad
Italy.
Consistent with its previous statements, Vodafone is supportive
of in-market consolidation in countries where it is not achieving
appropriate returns on invested capital and confirms it is
exploring options with several parties to achieve this in Italy,
including through a merger or a disposal.
There can be no certainty that any transaction 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).
For more information, please contact:
Investor Relations Media Relations
investors.vodafone.com vodafone.com/news/contact-us
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 Maaike de Bie, Group General
Counsel and Company Secretary (Tel: +44 (0)1635 33251).
About Vodafone
Vodafone is the largest pan-European and African telecoms
company. Our purpose is to connect for a better future by using
technology to improve lives, digitalise critical sectors and enable
inclusive and sustainable digital societies.
We provide mobile and fixed services to over 300 million
customers in 17 countries, partner with mobile networks in 46 more
and are also a world leader in the Internet of Things (IoT),
connecting over 175 million devices and platforms. With Vodacom
Financial Services and M-Pesa, the largest financial technology
platform in Africa, we serve more than 73 million people across
seven countries.
We are committed to reducing our environmental impact to reach
net zero emissions by 2040, while helping our customers reduce
their own carbon emissions by 350 million tonnes by 2030. We are
driving action to reduce device waste and achieve our target to
reuse, resell or recycle 100% of our network waste by 2025.
For more information, please visit www.vodafone.com, follow us
on Twitter at @VodafoneGroup or connect with us on LinkedIn at
www.linkedin.com/company/vodafone.
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END
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