2 Sep 2016 09:24
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") |
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a) | Name | Kishore Kumar Rajagopal |
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2 | Reasons for the Notification |
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a) | Position / status | Chief Executive Officer, Iron Ore |
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b) | Initial notification / amendment | Initial Notification |
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3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a | Name | Vedanta Resources plc ("Vedanta") |
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b | LEI | N/A |
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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 |
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Transaction 1 |
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a) | Description of the financial instrument | Vedanta ordinary shares of US$0.10 each ISIN: GB0033277061 |
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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 |
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c) | Currency | GBP - British Pound |
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d) | Price(s) and volume(s)
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e) | Aggregated information - Aggregated volume - Price |
N/A
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f) | Date of the transaction | 2016.08.31 |
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g) | Place of the transaction | London Stock Exchange (XLON), Main Market |
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Transaction 2 |
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a) | Description of the financial instrument | Vedanta ordinary Shares of US$0.10 each ISIN:GB0033277061 |
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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 |
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c) | Currency | GBP - British Pound |
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d) | Price(s) and volume(s)
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e) | Aggregated information - Aggregated volume - Price |
N/A £4.96
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f) | Date of the transaction | 2016.08.31 |
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g) | Place of the transaction | London Stock Exchange (XLON), Main Market |
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Name of authorised official of issuer responsible for making notification
DEEPAK KUMAR, COMPANY SECRETARY
Date of notification: 31 August 2016 | |||||||||||
Vedanta Resources (VED)