Vedanta Resources PLC Director/PDMR Shareholding (9188Y)

TIDMVED

RNS Number : 9188Y

Vedanta Resources PLC

20 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 
       Name of the issuer                    made in accordance 
                                             with section 793 of 
        VEDANTA RESOURCES                    the Companies Act 
 1.     PLC                           2.     (2006). 
----  -----------------------------  ----  --------------------------- 
 
                                            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.     TARUN JAIN                    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                 2012 & 2013 ESOP & 
                                             PART DISPOSAL OF SHARES 
 7.     WEALTH NOMINEES LIMITED       8.     TO COVER TAX LIABILITY 
----  -----------------------------  ----  --------------------------- 
 
       Number of shares, 
        debentures or financial 
        instruments relating 
        to shares acquired                  Percentage of issued 
                                             class acquired (treasury 
        22,320 OPTIONS WERE                  shares of that class 
        EXERCISED AND FOLLOWING              should not be taken 
        THE PART DISPOSAL                    into account when 
        TO COVER THE TAX LIABILITY,          calculating percentage) 
        15,618 SHARES WERE 
 9.     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) 
        6,702 SHARES SOLD 
 11.    TO COVER TAX LIABILITY        12.    NEGLIGIBLE 
----  -----------------------------  ----  --------------------------- 
 
       Price per share or 
        value of transaction                Date and place of 
                                             transaction 
        SALE PRICE OF GBP3.76 
 13.    PER SHARE                     14.    20 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.    20 MAY 2016 
----  -----------------------------  ----  --------------------------- 
 
 
 Name of authorised official of issuer responsible 
  for making notification 
 
  DEEPAK KUMAR, COMPANY SECRETARY 
 
  Date of notification: 20 MAY 2016 
-------------------------------------------------- 
 

END

This information is provided by RNS

The company news service from the London Stock Exchange

END

DSHURVSRNNAVUAR

(END) Dow Jones Newswires

May 20, 2016 10:57 ET (14:57 GMT)