Vodafone 2002 Annual Report Download - page 110

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Vodafone Group Plc Annual Report & Accounts and Form 20-F Notes to the Consolidated Financial Statements108
Notes to the Consolidated Financial Statements continued
23. Called up share capital
Year ended 31 March 2002 Year ended 31 March 2001
Number £m Number £m
Authorised
Ordinary shares of US$0.10 each 78,000,000,000 4,875 78,000,000,000 4,875
7% cumulative fixed rate shares of £1 each 50,000 – 50,000 –
78,000,050,000 4,875 78,000,050,000 4,875
Ordinary shares allotted, issued and fully paid
1 April 65,012,501,146 4,054 61,334,032,162 3,797
During the year 3,128,346,374 219 3,678,468,984 257
31 March 68,140,847,520 4,273 65,012,501,146 4,054
Allotted during the year
Nominal
Number value Proceeds
£m £m
UK share option schemes 9,428,072 1 9
US share option schemes and restricted stock awards 72,856,800 5 61
Total for share option schemes and restricted stock awards 82,284,872 6 70
Share placing 1,825,000,000 127 3,511
Consideration in relation to acquisition of Eircell 1,046,289,068 74 –
Consideration in relation to acquisition of interests in Mannesmann 174,772,434 12 –
3,128,346,374 219 3,581
On 8 May 2001, 1,825,000,000 shares were issued by way of a share placing to provide funding for the acquisition of British Telecommunication Plc’s
interests in Japan Telecom, the J-Phone Group and Airtel.
In May 2001, 1,046,289,068 shares were issued pursuant to the acquisition of the entire share capital of Eircell.
On 6 June 2001, 174,772,434 shares were issued pursuant to the acquisition of shares in Mannesmann.
In March 1998, the Company established a QUEST to operate in connection with the Company’s Savings Related Share Option Scheme. The trustee of the
QUEST is Vodafone Group Share Trustee Limited, a wholly owned subsidiary of the Company. At 31 March 2002 the trustee held 2,113,243 ordinary shares
in the Company. No shares had been issued to the trustee during the year. The market value at 31 March 2002 for the total shareholding of the trustee was
£2.7m. The dividend rights in respect of these shares have been waived. During the year 3,748,716 shares had been transferred to option holders
exercising options under the Savings Related Share Option Scheme.