29 Nov 2017 18:11
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 | Abhijit Pati |
| ||||||
2 | Reasons for the Notification |
| |||||||
a) | Position / status | CEO Aluminium, Jharsuguda |
| ||||||
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 nil-cost share options awarded under a) the Vedanta Deferred Share Bonus Plan 2015 and b) the Vedanta Performance Share Plan 2014 |
| ||||||
c) | Currency | GBP - British Pound |
| ||||||
d) | Price(s) and volume(s)
|
|
| ||||||
e) | Aggregated information - Aggregated volume - Price |
14,677 n/a |
| ||||||
f) | Date of the transaction | 29 November 2017 |
| ||||||
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 exercise of options under a) the Vedanta Deferred Share Bonus Plan 2015 and b) the Vedanta Performance Share Plan 2014.
|
| ||||||
c) | Currency | GBP - British Pound |
| ||||||
d) | Price(s) and volume(s)
|
|
| ||||||
e) | Aggregated information - Aggregated volume - Price |
5,640 £7.232
|
| ||||||
f) | Date of the transaction | 29 November 2017 |
| ||||||
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: 29 November 2017 |