Tuesday, 14 July 2015

BRIEF-Government employees pension fund to sell 25 mln shares in Vodacom

Reuters

Government Employees Pension Fund
* Acting through public investment corporation announces to sell 25 million ordinary shares in Vodacom group
* To sell representing about 1.7 percent of Vodacom's issued share capital
* Appointed Deutsche Bank AG, London branch as sole bookrunner for sale

* Subsequent to this transaction, PIC has agreed to a lock-up of 60 days on its remaining stake. Further company coverage

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