VED Vedanta

TIDMVED

RNS Number : 6153P

Vedanta Resources PLC

18 November 2016

Vedanta Resources plc

Notification and public disclosure of transactions by persons discharging managerial Responsibilities and persons closely associated with them

 
 1.   Details of PDMR / person closely associated 
       with them ("PCA") 
---  ----------------------------------------------------------------------- 
 a)   Name                            Anil Agarwal 
---  ------------------------------  --------------------------------------- 
 2    Reasons for the Notification 
---  ----------------------------------------------------------------------- 
 a)   Position                        Chairman 
       / status 
---  ------------------------------  --------------------------------------- 
 b)   Initial notification            Initial Notification 
       / amendment 
---  ------------------------------  --------------------------------------- 
 3    Details of the issuer, emission allowance 
       market participant, auction platform, 
       auctioneer or auction monitor 
---  ----------------------------------------------------------------------- 
 a    Name                            Vedanta Resources plc ("Vedanta") 
---  ------------------------------  --------------------------------------- 
 b    LEI                             N/A 
---  ------------------------------  --------------------------------------- 
 4.   Details of the transaction(s): section 
       to be repeated for (i) each type of instrument; 
       (ii) each type of transaction; (iii) each 
       date; and (iv) each place where transactions 
       have been conducted 
---  ----------------------------------------------------------------------- 
 Transaction 1 
---------------------------------------------------------------------------- 
 a)   Description                     Vedanta ordinary Shares of US$0.10 
       of the financial                each 
       instrument                      ISIN:GB0033277061 
---  ------------------------------  --------------------------------------- 
 b)   Nature of                       (a)Transfer of ordinary shares 
       the transaction                 from the nominee to the director 
                                       arising on the vesting of forfeitable 
                                       share awards under the Vedanta 
                                       Deferred Share Bonus Plan 2015 
---  ------------------------------  --------------------------------------- 
 c)   Currency                        GBP - British Pound 
---  ------------------------------  --------------------------------------- 
 d)   Price(s)                         Price(s)    Volume(s) 
       and volume(s)                   ----------  ---------- 
                                             (a)    27,465 
                                       ----------  ---------- 
---  ------------------------------  --------------------------------------- 
 e)        Aggregated 
            information 
             *    Aggregated volume     N/A 
 
 
             *    Price 
---  ------------------------------  --------------------------------------- 
 f)   Date of the                     2016.11.18 
       transaction 
---  ------------------------------  --------------------------------------- 
 g)   Place of                        London Stock Exchange (XLON), 
       the transaction                 Main Market 
---  ------------------------------  --------------------------------------- 
 Transaction 2 
---------------------------------------------------------------------------- 
 a)   Description                     Vedanta ordinary Shares of US$0.10 
       of the financial                each 
       instrument                      ISIN:GB0033277061 
---  ------------------------------  --------------------------------------- 
 b)   Nature of                       (a)Sale of ordinary shares to 
       the transaction                 meet tax liability arising on 
                                       the vesting of forfeitable share 
                                       awards under the Vedanta Deferred 
                                       Share Bonus Plan 2015 
---  ------------------------------  --------------------------------------- 
 c)   Currency                        GBP - British Pound 
---  ------------------------------  --------------------------------------- 
 d)   Price(s)                         Price(s)            Volume(s) 
       and volume(s)                   ------------------  ---------- 
                                             (b) GBP8.00    12,943 
                                       ------------------  ---------- 
---  ------------------------------  --------------------------------------- 
 e)        Aggregated 
            information 
             *    Aggregated volume     N/A 
                                        GBP8.00 
 
             *    Price 
---  ------------------------------  --------------------------------------- 
 f)   Date of the                     2016.11.18 
       transaction 
---  ------------------------------  --------------------------------------- 
 g)   Place of                        London Stock Exchange (XLON), 
       the transaction                 Main Market 
---  ------------------------------  --------------------------------------- 
 Name of authorised official of issuer responsible 
  for making notification 
 
  DEEPAK KUMAR, COMPANY SECRETARY 
 
  Date of notification: 18 November 2016 
------------------------------------------------------------------------------ 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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