September 6, 2017 / 6:33 AM / 20 days ago

BRIEF-Vodafone Group raises 14.85 bln rand from Vodacom stake sale

Sept 6 (Reuters) - VODAFONE GROUP PLC:

* RESULT OF PLACING OF ORDINARY SHARES IN VODACOM​

* ‍HAS SOLD AN AGGREGATE OF 90 MILLION ORDINARY SHARES IN VODACOM AT A PRICE OF ZAR 165PER SHARE, RAISING GROSS PROCEEDS OF ZAR 14,850 MILLION​

* FOLLOWING COMPLETION OF PLACING, WILL INDIRECTLY OWN ABOUT 64.5 PCT OF VODACOM‘S ORDINARY SHARE CAPITAL​ Source text for Eikon: Further company coverage:

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