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Vedanta Res PLC (VED)

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Friday 24 August, 2018

Vedanta Res PLC

Director/PDMR Shareholding

RNS Number : 8829Y
Vedanta Resources PLC
24 August 2018
 

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

Samir Cairae

 

2

Reasons for  the Notification

 

a)

Position / status

CEO, Diversified Metals (India)

 

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 the Vedanta Deferred Share Bonus Plan 2015 in 2017 (Yr 1)

 

c)

Currency

GBP - British Pound

 

d)

Price(s) and volume(s)

 

 

 

Price(s)

Volume(s)

(a)  0.00

2,352

 

e)

Aggregated information

-     Aggregated volume

-     Price

 

 

2,352

0.00

 

f)

Date of the transaction

24 August 2018

 

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 the Vedanta Deferred Share Bonus Plan 2015 in Transaction 1 above.

 

 

c)

Currency

GBP - British Pound

 

d)

Price(s) and volume(s)

 

 

 

 

Price(s)

Volume(s)

(a)  £8.38

737

 

e)

Aggregated information

-     Aggregated volume

-     Price

 

 

737

£8.38

 

 

f)

Date of the transaction

24 August 2018

 

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: 24 August 2018

 


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