Vedanta Resources PLC Director/PDMR Shareholding (9965N)

TIDMVED

RNS Number : 9965N

Vedanta Resources PLC

03 February 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) 
----  ----------------------------  ----  --------------------------- 
 
                                           State whether notification 
                                            relates to a person 
                                            connected with a person 
                                            discharging managerial 
       Name of person discharging           responsibilities/director 
        managerial                          named in 3 and identify 
        responsibilities/director           the connected person 
 
 3.     SURESH BOSE                  4.     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 
       Name of registered                   the transaction 
        shareholders(s) and, 
        if more than one,                   PART EXERCISE OF OPTIONS 
        the number of shares                UNDER THE VEDANTA 
        held by each of them                2013 ESOP & PART DISPOSAL 
                                            OF SHARES TO COVER 
 7.     WEALTH NOMINEES LIMITED      8.     TAX LIABILITY 
----  ----------------------------  ----  --------------------------- 
 
       Number of shares, 
        debentures or financial 
        instruments relating               Percentage of issued 
        to shares acquired                  class acquired (treasury 
                                            shares of that class 
        240 OPTIONS WERE EXERCISED          should not be taken 
        AND FOLLOWING THE                   into account when 
        PART DISPOSAL TO COVER              calculating percentage) 
        THE TAX LIABILITY, 
 9.     84 SHARES WERE ACQUIRED      10.    NEGLIGIBLE 
----  ----------------------------  ----  --------------------------- 
 
                                           Percentage of issued 
       Number of shares,                    class disposed (treasury 
        debentures or financial             shares of that class 
        instruments relating                should not be taken 
        to shares disposed                  into account when 
                                            calculating percentage) 
        156 SHARES SOLD TO 
 11.    COVER TAX LIABILITY          12.    NEGLIGIBLE 
----  ----------------------------  ----  --------------------------- 
 
       Price per share or 
        value of transaction               Date and place of 
                                            transaction 
        SALE PRICE OF GBP2.14 
 13.    PER SHARE                    14.    2 FEBRUARY 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.    3 FEBRUARY 2016 
----  ----------------------------  ----  --------------------------- 
 
 
 Name of authorised official of issuer responsible 
  for making notification 
 
  DEEPAK KUMAR, COMPANY SECRETARY 
 
  Date of notification: 3 FEBRUARY 2016 
-------------------------------------------------- 
 

END

This information is provided by RNS

The company news service from the London Stock Exchange

END

RDSUORNRNVAURAR

(END) Dow Jones Newswires

February 03, 2016 11:06 ET (16:06 GMT)