Vodafone

Daily Mail, 29 July 2020, ShareSoc Criticises Vodafone Decision to List £18bn Towers Business in Frankfurt

Daily Mail: https://www.thisismoney.co.uk/money/markets/article-8569181/Vodafone-shareholders-miss-Frankfurt-float.html Shareholder campaign group criticises Vodafone decision to list £18bn towers business in Frankfurt rather than London Sharesoc said the move would make UK private investors less likely to take part in the float, and give the towers firm access to a smaller pool of capital... ...Cliff Weight, director of Sharesoc, said: 'Vodafone's roots are in Britain and it has a large number of British shareholders. They would much rather have shares in a UK-listed firm and will be more cautious about ...

The Vodafone deal – another reason to dislike nominee accounts

Vodafone shareholders will no doubt be aware that the deal recently announced regarding the company’s stake in Verizon Wireless will result in shareholders receiving not just cash, but also some Verizon shares. Verizon is of course a US listed company. Now many retail shareholders may not wish to hold shares in a US listed company, so they might want to sell their Verizon shares. The company has said that they will provide a dealing facility to enable holders of less than 50,000 ...

Vodafone deal details now available, and most are pleased

Vodafone have now published the details of the deal to sell their stake in Verizon. I won’t repeat the details here but most investors seem pleased with it. That includes ShareSoc director Stan Grierson who got a few seconds on BBC News explaining how we will now be able to afford more space on airlines for his long legs – you can see a more useful and longer video interview here: www.bbc.co.uk/news/business-23936013 Although the deal is being applauded as a major cash ...

Vodafone and Verizon – how will they use the cash?

ShareSoc has issued a press release on the likely deal for Vodafone to sell its stake in Verizon Wireless (see www.sharesoc.org/pr50vodafone.html). This might realise over US$100bn in cash so the key question is what the company will do with it. Will it waste it on other acquisitions or return it to shareholders? And in the latter case in what form? Vodafone is a company that appears to love share buy-backs like many FTSE-100 companies. But ShareSoc suggests that it would be better ...