Vedanta Resources PLC Director/PDMR Shareholding (6596Y)
May 18 2016 - 11:36AM
UK Regulatory
TIDMVED
RNS Number : 6596Y
Vedanta Resources PLC
18 May 2016
Vedanta Resources plc
Notification of Transactions of Directors/Persons Discharging
Managerial Responsibility and Connected Persons
State whether the
notification relates
to (i) a
transaction notified
in accordance with
DTR 3.1.4 R (1) (a),
(ii) a disclosure
made in accordance
LR 9.8.6R(1) or
(iii) a disclosure
made in accordance
with section 793 of
Name of the issuer the Companies Act
(2006).
VEDANTA RESOURCES
1. PLC 2. (i)
---- ------------------------------ ---- ------------------------------
3. Name of persons discharging State whether notification
managerial relates to a person
responsibilities/director connected with a person
Ponnuswamy Ramnath discharging managerial
responsibilities/director
named in 3 and identify
the connected person
N/A
---- ------------------------------ ---- ------------------------------
Indicate whether the
notification is in
respect of a holding Description of shares
of the person referred (including class),
to in 3 or 4 above debentures or derivatives
or in respect of a or financial instruments
non-beneficial interest relating to shares
1
ORDINARY SHARES OF
5. 3 ABOVE 6. $0.10 EACH
---- ------------------------------ ---- ------------------------------
State the nature of
the transaction
(1) PART EXERCISE
OF OPTIONS UNDER THE
VEDANTA 2013 ESOP
& PART DISPOSAL OF
SHARES TO COVER TAX
Name of registered LIABILITY
shareholders(s) and,
if more than one, (2) PART EXERCISE
the number of shares OF OPTIONS UNDER THE
held by each of them VEDANTA 2011 PSP &
PART DISPOSAL OF SHARES
7. WEALTH NOMINEES LIMITED 8. TO COVER TAX LIABILITY
---- ------------------------------ ---- ------------------------------
Number of shares,
debentures or financial
instruments relating
to shares acquired
(1) 3,600 OPTIONS
WERE EXERCISED AND
FOLLOWING THE PART
DISPOSAL TO COVER
THE TAX LIABILITY,
2,544 SHARES WERE
ACQUIRED
Percentage of issued
(2) 3,200 OPTIONS class acquired (treasury
WERE EXERCISED AND shares of that class
FOLLOWING THE PART should not be taken
DISPOSAL TO COVER into account when
THE TAX LIABILITY, calculating percentage)
2,260 SHARES WERE
9. ACQUIRED 10. NEGLIGIBLE
---- ------------------------------ ---- ------------------------------
Number of shares,
debentures or financial Percentage of issued
instruments relating class disposed (treasury
to shares disposed shares of that class
(1) 1,056 SHARES SOLD should not be taken
TO COVER TAX LIABILITY into account when
calculating percentage)
(2) 940 SHARES SOLD
11. TO COVER TAX LIABILITY 12. NEGLIGIBLE
---- ------------------------------ ---- ------------------------------
Price per share or
value of transaction Date and place of
transaction
SALE PRICE OF GBP3.88
13. PER SHARE 14. 18 MAY 2016, LONDON
---- ------------------------------ ---- ------------------------------
Total holding following
notification and total
percentage holding
following notification
(any treasury shares
should not be taken
into account when Date issuer informed
calculating percentage) of transaction
15. NEGLIGIBLE 16. 18 MAY 2016
---- ------------------------------ ---- ------------------------------
Name of authorised official of issuer responsible
for making notification
DEEPAK KUMAR, COMPANY SECRETARY
Date of notification: 18 MAY 2016
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