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Vedanta Res PLC (VED)

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Wednesday 12 September, 2018

Vedanta Res PLC

Director/PDMR Shareholding

RNS Number : 5953A
Vedanta Resources PLC
12 September 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

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

Acceptance of Volcan Cash Offer in respect of his shareholding in the Company.

 

c)

Currency

US Dollars

 

d)

Price(s) and volume(s)

 

 

 

Price(s)

Volume(s)

(a)  10.89

24,891

 

e)

Aggregated information

-     Aggregated volume

-     Price

 

 

24,891

10.89

 

f)

Date of the transaction

11 September 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

Acceptance of Volcan Cash Offer in respect of outstanding awards granted under the Vedanta Deferred Share Bonus Plan in 2016 and which vested on the Volcan Cash Offer becoming unconditional.

 

 

c)

Currency

US Dollars

 

d)

Price(s) and volume(s)

 

 

 

 

Price(s)

Volume(s)

(a)  10.89

1,477

 

e)

Aggregated information

-     Aggregated volume

-     Price

 

 

1,477

10.89

 

 

f)

Date of the transaction

11 September 2018

 

g)

Place of the transaction

Outside a trading venue

 

Name of authorised official of issuer responsible for making notification

 

DEEPAK KUMAR, COMPANY SECRETARY

 

Date of notification: 12 September 2018

 


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