Vedanta Resources PLC Director/PDMR Shareholding (5235G)
04 March 2015 - 10:54PM
UK Regulatory
TIDMVED
RNS Number : 5235G
Vedanta Resources PLC
04 March 2015
Vedanta Resources plc
4 March 2015
Notification of Transactions of Directors/Persons Discharging
Managerial Responsibility and Connected Persons
State whether the notification
relates to (i) a
transaction notified in
accordance with DTR 3.1.2
R,
(ii) a disclosure made in
accordance
LR 9.8.6R(1) or
(iii) a disclosure made
in accordance with section
793 of the Companies Act
Name of the issuer (2006).
1. VEDANTA RESOURCES PLC 2. (i)
---- ----------------------------------- ---- --------------------------------------------------
3. Name of person discharging 4. State whether notification
managerial relates to a person
responsibilities/director connected with a person
discharging managerial responsibilities/director
A K AGARWAL named in 3 and identify
the connected person
YES. THE NOTIFICATION RELATES
TO VOLCAN INVESTMENTS LIMITED
---- ----------------------------------- ---- --------------------------------------------------
Indicate whether the notification
is in respect of a holding
of the person referred to Description of shares (including
in 3 or 4 above or in respect class), debentures or derivatives
of a non-beneficial interest or financial instruments
relating to shares
DISCLOSURE RELATES TO A
HOLDING OF THE PERSON NAMED ORDINARY SHARES OF $0.10
5. IN BOX 4 ABOVE. 6. EACH
---- ----------------------------------- ---- --------------------------------------------------
State the nature of the
transaction
ON 2 MARCH 2015, PURSUANT
TO A FINANCING ARRANGEMENT
WITH BANK OF AMERICA NA,
LONDON BRANCH ("BAML"),
BAML RELEASED A SECURITY
GRANTED OVER 6,243,327 ORDINARY
SHARES (REPRESENTING 2.31
PER CENT OF THE ORDINARY
SHARES IN THE CAPITAL OF
THE COMPANY, EXCLUDING SHARES
HELD IN TREASURY) (THE "SHARES").
THE ARRANGEMENT INVOLVES
THE TRANSFER OF THE SHARES
Name of registered shareholders(s) OUT OF MERRILL LYNCH INTERNATIONAL
and, if more than one, the AS CUSTODIAN FOR VOLCAN
number of shares held by INVESTMENTS LIMITED FOR
each of them SECURITY PROVIDED BY VOLCAN
7. VOLCAN INVESTMENTS LIMITED 8. IN FAVOUR OF BAML.
---- ----------------------------------- ---- --------------------------------------------------
Percentage of issued class
Number of shares, debentures acquired (treasury shares
or financial of that class should not
instruments relating to be taken into account when
shares acquired calculating percentage)
9. N/A 10. N/A
---- ----------------------------------- ---- --------------------------------------------------
Percentage of issued class
Number of shares, debentures disposed (treasury shares
or financial of that class should not
instruments relating to be taken into account when
shares disposed calculating percentage)
11. N/A 12. N/A
---- ----------------------------------- ---- --------------------------------------------------
Price per share or value
of transaction Date and place of transaction
13. N/A 14. 2 MARCH 2015, LONDON
---- ----------------------------------- ---- --------------------------------------------------
Total holding following
notification and total percentage
holding following notification
(any treasury shares should
not be taken into account
when calculating percentage) Date issuer informed of
transaction
TOTAL HOLDING - 187,488,102
15. - 69.87% 16. 3 MARCH 2015
---- ----------------------------------- ---- --------------------------------------------------
Name of authorised official of issuer responsible for
making notification
DEEPAK KUMAR, COMPANY SECRETARY
Date of notification: 4 MARCH 2015
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