Business
GM Statement
Zegona Communications plc shareholders overwhelmingly approved a special resolution to reduce the company's ordinary shares by approximately 69%, paving the way for a €1.4 billion special dividend payment on January 7, 2026. This dividend will be used to settle a €975 million Vodafone financing, leading to the cancellation of 523 million Zegona ordinary shares held by EJLSHM, with the share reduction expected on January 8, 2026. Disclaimer*
About this update from Zegona Communications Plc
[{"type":"text","content":"\n\n22 December 2025 LEI: 213800ASI1VZL2ED4S65\nZegona Communications plc1\nShareholders Approve 69% Reduction in Zegona Ordinary Shares\nZegona shareholders today approved the special resolution at its General Meeting held on 22 December 2025 at 9.00 a.m. Votes2 were received in respect of 184,351,154 ordinary shares, representing approximately 78.26% of the ordinary shares entitled to vote at the General Meeting3.\n \nThe result of the vote was as follows:\n \n\n\n\n\nResolution\n\n\nFor\n\n\n% of votes cast\n\n\nAgainst\n\n\n% of votes cast\n\n\nWithheld4\n\n\n\n\n1\n\n\n184,349,988\n \n\n\n99.99\n\n\n1,166\n\n\n0.01\n\n\n156,211 \n\n\n\n\n\nThe special dividend of €1.4bn5 declared on 11 December 2025, was conditional upon approval of the special resolution. Following today's approval, the special dividend will now be paid on 7 January 2026 to Zegona ordinary shareholders on the register of members at the close of business on the record date of 19 December 2025. The Ex-Dividend Date was 18 December 2025.\n€975m of the special dividend will be paid to EJLSHM6 to settle the Vodafone financing in full7. Settling the Vodafone financing in full will enable the cancellation of the 523m Zegona ordinary shares held by EJLSHM. This will reduce Zegona's ordinary shares in issue by approximately 69%8 and is now expected to take place at 8.00 a.m. on 8 January 20269. \nA copy of the resolution has been submitted to the National Storage Mechanism and will shortly be available for inspection at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism\n \n\n\n\n\nInvestor enquiries:\n\n\nMedia enquiries:\n\n\n \n\n\n\n\nAlfonso Enríquez\n\n\nJaime De Andres\n\n\nTilly Abraham (Sodali & Co)\n\n\n\n\[email protected]\n\n\[email protected]\n\n\[email protected]\n\n\n\n\n \nAbout Zegona \nZegona is publicly listed on the Main Market of the LSE. It was established in 2015 with the objective of ...