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Wireless

Vodafone Group CEO, CFO voluntarily take 20% reduction to share awards

Friday 12 July 2019 | 11:15 CET | News

Vodafone Group announced that CEO Nick Read and CFO Margherita Della Valle have voluntarily requested a 20 percent reduction to their 2020 Global Long Term Incentive (GLTI) conditional share awards.

These GLTI share awards were granted on 26 June under the Global Incentive Plan. Vodafone said that that this was done 'to reflect the low valuation of the share price'. After the reductions, Read received 3.89 million shares, with the CFO receiving 2.37 million. 



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Categories: Mobile & Wireless
Companies: Vodafone / Vodafone Group
Countries: World
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