Vodafone faces its second shareholder revolt in less than a year over plans to award Sir Christopher Gent, chief executive, up to £8 million sterling new share options. The National Association of Pension Funds in Britain, which represents 20-30 per cent of Vodafone shareholders, has written to its members advising them to abstain when voting on the remuneration policy at an annual general meeting on July 25th. A similar recommendation ahead of last year's a.g.m. triggered a revolt among shareholders and ultimately forced Vodafone to climb down over plans to award Sir Christopher a £10 million cash bonus for completing the takeover of Mannesmann.