Vedanta Resources PLC Director/PDMR shareholding (6858G)

TIDMVED

RNS Number : 6858G

Vedanta Resources PLC

23 November 2015

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.     R KISHORE KUMAR               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 
                                             the transaction 
       Name of registered 
        shareholders(s) and,                 PART EXERCISE OF OPTIONS 
        if more than one,                    UNDER THE VEDANTA 
        the number of shares                 2012 AND 2013 ESOP 
        held by each of them                 & PART DISPOSAL OF 
                                             SHARES TO COVER TAX 
 7.     WEALTH NOMINEES LIMITED       8.     LIABILITY 
----  -----------------------------  ----  --------------------------- 
 
       Number of shares, 
        debentures or financial 
        instruments relating 
        to shares acquired                  Percentage of issued 
                                             class acquired (treasury 
        6578 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) 
        3,939 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) 
        2,639 SHARES SOLD 
 11.    TO COVER TAX LIABILITY        12.    NEGLIGIBLE 
----  -----------------------------  ----  --------------------------- 
 
       Price per share or                   Date and place of 
        value of transaction                 transaction 
 
        SALE PRICE OF GBP3.85                23 NOVEMBER 2015, 
 13.    PER SHARE                     14.    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.    23 NOVEMBER 2015 
----  -----------------------------  ----  --------------------------- 
 
 
 Name of authorised official of issuer responsible 
  for making notification 
 
  DEEPAK KUMAR, COMPANY SECRETARY 
 
  Date of notification: 23 NOVEMBER 2015 
-------------------------------------------------- 
 

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November 23, 2015 12:46 ET (17:46 GMT)