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Director/PDMR Shareholding

2 Sep 2016 09:24

RNS Number : 8171I
Vedanta Resources PLC
02 September 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

Kishore Kumar Rajagopal

 

2

Reasons for the Notification

 

a)

Position / status

Chief Executive Officer, Iron Ore

 

b)

Initial notification / amendment

Initial Notification

 

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 of the financial instrument

Vedanta ordinary shares of US$0.10 each

ISIN: GB0033277061

 

b)

Nature of the transaction

(a)Exercise of nil-cost share options awarded under the Vedanta Deferred Share Bonus Plan 2015

(b) Exercise of options awarded under the Vedanta Executive Share Option Plan 2013

 

c)

Currency

GBP - British Pound

 

d)

Price(s) and volume(s)

 

 

 

 

Price(s)

Volume(s)

(a) 0.00

3,568

 

Price(s)

Volume(s)

(a) 0.00

6,600

 

e)

Aggregated information

- Aggregated volume

- Price

 

 

N/A

 

 

f)

Date of the transaction

2016.08.31

 

g)

Place of the transaction

London Stock Exchange (XLON), Main Market

 

Transaction 2

 

a)

Description of the financial instrument

Vedanta ordinary Shares of US$0.10 each

ISIN:GB0033277061

 

b)

Nature of the transaction

(a)Sale of ordinary shares to meet tax liability arising on exercise of options under the Vedanta Deferred Share Bonus Plan 2015

 

(b)Sale of ordinary shares to meet tax liability arising on exercise of options under the Vedanta Executive Share Option Plan 2013

 

c)

Currency

GBP - British Pound

 

d)

Price(s) and volume(s)

 

 

 

 

Price(s)

Volume(s)

(a) £4.96

1,033

Price(s)

Volume(s)

(b) £4.95

1,906

 

e)

Aggregated information

- Aggregated volume

- Price

 

 

N/A

£4.96

 

 

f)

Date of the transaction

2016.08.31

 

g)

Place of the transaction

London Stock Exchange (XLON), Main Market

 

Name of authorised official of issuer responsible for making notification

 

DEEPAK KUMAR, COMPANY SECRETARY

 

Date of notification: 31 August 2016

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
DSHUUUWRNOAKRRR
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