VED Vedanta

TIDMVED

RNS Number : 5874I

Vedanta Resources PLC

31 August 2016

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                            Roma Balwani 
---  ------------------------------  ------------------------------------ 
 2    Reasons for the Notification 
---  -------------------------------------------------------------------- 
 a)   Position                        President of Group Communications, 
       / status                        Sustainability and Corporate 
                                       Social Responsibility 
---  ------------------------------  ------------------------------------ 
 b)   Initial notification            Initial Notification 
       / amendment 
---  ------------------------------  ------------------------------------ 
 3    Details of the issuer, emission allowance 
       market participant, auction platform, 
       auctioneer or auction monitor 
---  -------------------------------------------------------------------- 
 a    Name                            Vedanta Resources plc ("Vedanta") 
---  ------------------------------  ------------------------------------ 
 b    LEI                             N/A 
---  ------------------------------  ------------------------------------ 
 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                     Vedanta ordinary shares of US$0.10 
       of the financial                each 
       instrument                      ISIN: GB0033277061 
---  ------------------------------  ------------------------------------ 
 b)   Nature of                       Exercise of nil-cost share options 
       the transaction                 awarded under the Vedanta Deferred 
                                       Share Bonus Plan 2015 
---  ------------------------------  ------------------------------------ 
 c)   Currency                        GBP - British Pound 
---  ------------------------------  ------------------------------------ 
 d)   Price(s)                         Price(s)   Volume(s) 
       and volume(s)                   ---------  ---------- 
                                        0.00       1,903 
                                       ---------  ---------- 
---  ------------------------------  ------------------------------------ 
 e)        Aggregated 
            information 
             *    Aggregated volume     N/A 
 
 
             *    Price 
---  ------------------------------  ------------------------------------ 
 f)   Date of the                     2016.08.30 
       transaction 
---  ------------------------------  ------------------------------------ 
 g)   Place of                        London Stock Exchange (XLON), 
       the transaction                 Main Market 
---  ------------------------------  ------------------------------------ 
 Transaction 2 
------------------------------------------------------------------------- 
 a)   Description                     Vedanta ordinary Shares of US$0.10 
       of the financial                each 
       instrument                      ISIN:GB0033277061 
---  ------------------------------  ------------------------------------ 
 b)   Nature of                       Sale of ordinary shares to meet 
       the transaction                 tax liability arising on exercise 
                                       of options under the Vedanta 
                                       Deferred Share Bonus Plan 2015 
---  ------------------------------  ------------------------------------ 
 c)   Currency                        GBP - British Pound 
---  ------------------------------  ------------------------------------ 
 d)   Price(s)                         Price(s)    Volume(s) 
       and volume(s)                   ----------  ---------- 
                                        GBP5.15     536 
                                       ----------  ---------- 
---  ------------------------------  ------------------------------------ 
 e)        Aggregated 
            information 
             *    Aggregated volume     N/A 
                                        GBP5.15 
 
             *    Price 
---  ------------------------------  ------------------------------------ 
 f)   Date of the                     2016.08.30 
       transaction 
---  ------------------------------  ------------------------------------ 
 g)   Place of                        London Stock Exchange (XLON), 
       the transaction                 Main Market 
---  ------------------------------  ------------------------------------ 
 Name of authorised official of issuer responsible 
  for making notification 
 
  DEEPAK KUMAR, COMPANY SECRETARY 
 
  Date of notification: 31 August 2016 
--------------------------------------------------------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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