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VED Vedanta

832.60
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Vedanta LSE:VED London Ordinary Share GB0033277061 ORD USD0.10
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 832.60 834.80 835.80 - 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Vedanta Share Discussion Threads

Showing 10351 to 10372 of 10375 messages
Chat Pages: 415  414  413  412  411  410  409  408  407  406  405  404  Older
DateSubjectAuthorDiscuss
07/5/2019
16:27
Vedanta books gain on Anglo American holding

Performance should ease some concerns about the $560m investment
The India-listed company said it had recognised a mark-to-market gain of $121m from its holding during the first three months of the year, when shares in Anglo American climbed by more than 20 per cent.




Canny use of debt to build an empire.

gordogecks
17/9/2018
21:16
Who's your broker?
zangdook
17/9/2018
20:54
Pity dollar dropped recently. Only got 826.99. Had been upto 850. Still not complaining.
ashwani01
17/9/2018
20:52
Money is in my account today. Very nice.
ashwani01
01/9/2018
09:30
Thanks Hyden - missed that bit!
killieboy
31/8/2018
20:23
The alternative is that VOLCAN INVESTMENTS allow their offer to lapse, in which case the share price will likely collapse in the short term. I have accepted the offer as the cash will come in handy.
hyden
31/8/2018
20:18
I understand that part (ii) of this paragraph means that, provided you have accepted the offer, then you should have the money in your account by mid-September:

18. Settlement
Subject to the Offer becoming, or being declared, unconditional in all respects (except as provided in paragraph 6 of Section B of Part III of this document in the case of Vedanta Shareholders who are not resident in the UK), settlement of the consideration to which any Vedanta Shareholder is entitled under the Offer will be despatched to validly accepting Vedanta Shareholders (i) in the case of acceptances received, valid and complete in all respects, by the date on which the Offer becomes, or is declared, unconditional in all respects, within 14 days of the later of such date and 31 August 2018; or (ii) in the case of acceptances received, valid and complete in all respects, after such date but while the Offer remains open for acceptance, within 14 days of such receipt.

hyden
29/8/2018
17:21
No timetable - apart from 1st Closing Date 31 August. I have accepted offer and am awaiting payment!
killieboy
29/8/2018
08:15
Did not follow the offer details - can somebody help pls - did they publish timetable and if you accept offer when they are going to provide a payment? Tks
whizzy2004
28/8/2018
12:39
Sector rotation in action. Miners depressed will start the recovery. IMO the most depressed of all with strong potential for recovery is KAZ.
Results ignored and hit hard for a takeover not yet understood by the market despite exploration will start in 2026 ...
So I bought a few k's for the strong recovery or another takeover bid for KAZ as a share price so depressed with only a PE of 6, could also fall as a pray...

fuji99
28/8/2018
07:32
Responses from VED investor relations and Volcan -

Q.Please advise that if I reject the offer of 10.89 USD per share and the company does get delisted and my shares are automatically bought, what date’s USD:GBP exchange rate will be used to settle?

For example, will it be the exchange rate at the time of “compulsory purchase”, or that on 31 August or that back when the offer was made in July?


A.Further to your query below, please note that the currency election is not available to any shareholders who might be subject to compulsory squeeze out arrangements (e.g. shareholders who do not accept the offer), and all such shareholders shall be paid USD consideration by cheque issued by Computershare.


Q.Is there publicly available collated company information on which institution shareholders have agreed to the offer? And their percentage holding?

A. In relation to your query, I’m afraid the number of shareholders who have agreed to the Offer nor their percentage holding is publicly available. Volcan Investments stated that they hold 187,488,102 Vedanta Shares, representing approximately 66.52 per cent. of the issued share capital of Vedanta Resources, as per the Offer Document as of 31 July 2018 (Page 57, Section 3.2, Paragraph (i) of the Offer Document).

It is also stated that Volcan will make an appropriate announcement in the business day or next following day on which the Offer is due to expire or becomes unconditional or is revised or extended. Such announcement will state prominently the total numbers of Vedanta Shares which Volcan Investments may count towards the satisfaction of the Acceptance Condition and will specify the percentages of each class of securities represented by these figures.

For more information, please refer to Page 30, Section 2, Paragraph (a) of the Offer Document, which you can find in

On a final note and as a reminder, please note that:

- First Closing Date to accept the Offer is on 31 August 2018 at 1.00 p.m.
- Recommendation: The Independent Committee, who have been so advised by Lazard as to the financial terms of the Offer, consider the terms of the Offer to be fair and reasonable so far as the Independent Vedanta Shareholders are concerned. In providing advice to the Independent Committee, Lazard has taken into account the commercial assessments of the Independent Committee. Accordingly, the Independent Committee unanimously recommend that Independent Vedanta Shareholders accept the Offer.


Does anyone have news of any significant shareholders rejecting the offer?

bonkers3
24/8/2018
17:12
Any fellow investors know when the pay out is for those of us who accepted the £8.25?
killieboy
24/8/2018
16:39
Yes, shares. Dividend turned up this morning, half an hour after I posted.
zangdook
24/8/2018
09:11
IG shares l assume? You won't get anything now for CFD/Spreads.
smurfy2001
24/8/2018
07:15
Still no dividend (or notification of offer) at IG.
zangdook
23/8/2018
15:55
All dividends received at last!

Good luck all if holding.

Going to be adding VEDL (ADR) at some point as still believe in the long term growth story.

smurfy2001
23/8/2018
13:53
Don't think you are going to get any more just by holding out.

The point is you won't do any worse. You may do better. People still on holiday. Rather than accept now, why not wait a little while and see.

glavey
22/8/2018
12:21
I got my dividend in one a/c just waiting for another always late
smurfy2001
22/8/2018
08:50
In my AJ Bell sipp, others not yet
sarahbudd
22/8/2018
08:31
Anyone else got the dividend? I've not received it across two accounts with two providers.
smurfy2001
22/8/2018
07:22
Not in my account yet due today. Good luck Vedanta in the future you certainly saved my bacon this last 4years 🙏🏽
linton5
22/8/2018
00:23
About 30.47p l believe
smurfy2001
Chat Pages: 415  414  413  412  411  410  409  408  407  406  405  404  Older

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