UNITED STATES SECURITIES AND EXCHANGE ... - Vodafone

About the glossary
Glossary
This glossary is to help readers understand the Company’s Articles of Association. Words are
explained as they are used in the Articles - they might mean different things in other documents.
The glossary is not legally part of the Articles, and it does not affect their meaning. The definitions
are intended to be a general guide - they are not precise.
abrogate If the special rights of a share are abrogated, they are cancelled or withdrawn.
accrue If interest is accruing, it is running or mounting up, day by day.
adjourned In relation to a shareholders’ meeting, means that the meeting has come to an end
for the time being, to be continued at a later time or day, at the same or a different place and
adjourned and adjourn shall be construed accordingly.
agent A person who has been appointed to act for another person.
allot When new shares are allotted, they are set aside for the person they are intended for. This
will normally be after the person has agreed to pay for a new share, or has become entitled to a
new share for any other reason. As soon as a share is allotted, that person gets the right to have
his name put on the register of shareholders. When he has been registered, the share has also
been issued.
allottee A person to whom a share is allotted (see renunciation).
asset Any property of any description which is of any value to its owner.
attorney An attorney is a person who has been appointed to act for another person in a particular
way. The person is appointed by a formal document, called a power of attorney.
automatically entitled to a share by law In some situations, a person will be entitled to have
shares which are registered in somebody else’s name registered in his own name. Or he can
require the shares to be transferred to another person. When a shareholder dies, or the sole
survivor of joint shareholders dies, his personal representatives have this right. If a shareholder
is made bankrupt, his trustee in bankruptcy has the right.
beneficial interest A person on whose behalf or for whose benefit a trustee holds shares has a
beneficial interest in those shares.
brokerage Commission which is paid to a broker by a company issuing shares, where the
broker’s clients have applied for shares.
call A call to pay money which is due on shares which has not yet been paid. This happens if the
Company issues shares which are partly paid, where money remains to be paid to the Company
for the shares. The money which has not been paid can be “called” for. If all the money to be paid
on a share has been paid, the share is called a fully paid share.
capitalise To convert some or all of the reserves of a company into capital (such as shares).
capital redemption reserve A reserve of funds which a company may have to set up to ensure
that the Company’s capital base remains the same when shares are redeemed or bought back. It
is equivalent to the amount by which the Company’s issued share capital is reduced by the
redemption or purchase.
- 83 -
Exhibit 1.2