List of material subsidiaries

 

As at 31 March

Interest in material subsidiaries

The information discloses interests in subsidiaries material to the financial position of Vodacom Group Limited. The interest in ordinary share capital is representative of the voting power except for ‘B’ ordinary shares where each share entitles the holder to two votes.

RSA – Republic of South Africa; UK – United Kingdom; LES – Lesotho; TZN – Tanzania; MZ – Mozambique; DRC – The Democratic Republic of Congo; MAU – Mauritius;
NGR – Nigeria and GUE – Guernsey.

  Country of
incorporation
  Issued
share capital
  % Interest in issued
share capital
 
      2016   2015   2016   2015  
Subsidiaries                    
Cellular network operators                    
Direct                    
Vodacom (Pty) Limited RSA                  
  Ordinary share capital1       R45 180     R45 180     100     100  
  ‘A’ ordinary share capital1     R2 820   R2 820   100   100  
Vodacom Tanzania Limited TZN                  
  Ordinary share capital3     TZS84 000 010 000   TZS84 000 010 000   82.2   82.2  
Indirect                    
Vodacom Lesotho (Pty) Limited LES                  
  Ordinary share capital     LSL4 180   LSL4 180   80.0   80.0  
VM, SA MZ                  
  Ordinary share capital     MZN1 380 000 000   MZN1 380 000 000   85.0   85.0  
  Preference share capital2     MZN12 612 064 858   MZN12 612 064 858   100   100  
Vodacom Congo (RDC) SA DRC                  
  Ordinary share capital     US$1 000 000   US$1 000 000   51.0   51.0  
Service providers                    
Interconnect service providers via satellite                    
Direct                    
Vodacom UK Limited UK                  
  ‘B’ ordinary share capital     US$1   US$1   100   100  
  Preference share capital     US$710 999 999   US$710 999 999   100   100  
Vodacom Business Africa Group Services Limited3 UK                  
  Ordinary share capital     £49 567 569   £49 567 569   100   100  
  Preference share capital     US$20 790 565   US$15 790 572   100   100  
Indirect                    
Vodacom UK Limited UK                  
  ‘A’ ordinary share capital     US$100   US$100   100   100  
Vodacom Business Nigeria Limited4 NGR                  
  Ordinary share capital     NGN5 000 000   NGN5 000 000   100   100  
  Preference share capital     NGN7 266 155 822   NGN7 262 273 299   100   100  
Other                    
Direct                    
Vodacom International Limited5 MAU                  
  Ordinary share capital     US$100   US$100   100   100  
  Preference share capital     US$755 649 159   US$720 633 569   100   100  


Notes:

1. 6.25% held indirectly through structured entities which are consolidated in terms of IFRS10: Consolidated Financial Statements as part of the broad-based black economic empowerment transaction (Note 17.1).
2. 37.03% held directly by Vodacom Group Limited.
3. 65% (2015: 65%) held directly by Vodacom Group Limited.