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Vodafone Group PLC - Berkshire, England-based telecommunications provider - Vega, an investment vehicle established to hold shares in Vodafone, and owned by the family of investor Xavier Niel, says on Thursday that its counterparty banks will proceed with the purchase of Emirates Telecommunications Group Co PJSC’s, or e&’s, entire stake in Vodafone. This comprises 3.94 billion shares, representing 16.21% of Vodafone’s share capital and 17.13% of its voting rights, at 110.48 pence per share. Says the transaction will be settled in the near future. Vega has also entered into another financial instrument relating to a further 2.74% of voting rights. Following the receipt of customary regulatory approvals and the settlement of the financial instruments, Vega will be entitled to receive shares representing approximately 18.80% of Vodafone’s share capital, and 19.87% of its voting rights, in total. Vega intends for its Vodafone investment ‘to be a long-term, strategic minority shareholding.’ Notes that, as stated on July 10 when it announced its binding agreement to buy e&’s stake, it does not intend to make an offer for Vodafone. Current stock price: 112.05 pence 12-month change: up 37% Copyright 2026 Alliance News Ltd. All Rights Reserved.
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