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Director/PDMR Shareholding

22 Nov 2017 14:15

RNS Number : 2616X
Vedanta Resources PLC
22 November 2017
 

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

Navin Agarwal

 

2

Reasons for the Notification

 

a)

Position / status

Executive Vice Chairman

 

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

2138007MYEKPEAZQTW83

 

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

Exercise of options under the Vedanta Performance Share Plan 2014

 

 

c)

Currency

GBP - British Pound

 

d)

Price(s) and volume(s)

 

 

 

 

Price(s)

Volume(s)

n/a

84,000

 

e)

Aggregated information

- Aggregated volume

- Price

 

 

84,000

n/a

 

 

 

f)

Date of the transaction

2017.11.20

 

g)

Place of the transaction

Outside a trading venue

 

Transaction 2

 

a)

Description of the financial instrument

Vedanta ordinary Shares of US$0.10 each

ISIN:GB0033277061

 

b)

Nature of the transaction

Sale of ordinary shares to meet tax liability arising on the vesting of awards under the Vedanta Performance Share Plan 2014

 

 

c)

Currency

GBP - British Pound

 

d)

Price(s) and volume(s)

 

 

 

 

Price(s)

Volume(s)

£7.69

30,299

 

e)

Aggregated information

- Aggregated volume

- Price

 

 

30,299

£7.69

 

f)

Date of the transaction

2017.11.21

 

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: 22 November 2017

 

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