Vedanta Resources PLC Director/PDMR Shareholdings (7302B)

TIDMVED

RNS Number : 7302B

Vedanta Resources PLC

24 September 2018

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                             Deshnee Naidoo 
      -------------------------------  ----------------------------------------------- 
 2     Reasons for the Notification 
      -------------------------------------------------------------------------------- 
 a)    Position / status                Chief Executive Officer, Africa Base 
                                         Metals 
      -------------------------------  ----------------------------------------------- 
 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                              2138007MYEKPEAZQTW83 
      -------------------------------  ----------------------------------------------- 
 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 
 a)    Description                      Vedanta ordinary Shares of US$0.10 each 
        of the financial                 ISIN:GB0033277061 
        instrument 
      -------------------------------  ----------------------------------------------- 
 b)    Nature of the                    Acceptance of Volcan Cash Offer in respect 
        transaction                      of outstanding awards granted under the 
                                         Vedanta Performance Share Plan in January 
                                         and December 2015 and which vested on 
                                         the Volcan Cash Offer becoming unconditional. 
      -------------------------------  ----------------------------------------------- 
 c)    Currency                         US Dollars 
      -------------------------------  ----------------------------------------------- 
 d)    Price(s) and                      Price(s)          Volume(s) 
        volume(s)                              (a) 10.89    17,750 
                                                           ---------- 
                                               (b) 10.89    9,520 
                                                           ---------- 
      -------------------------------  ----------------------------------------------- 
 e)         Aggregated information 
         *    Aggregated volume 
                                         27,270 
                                          10.89 
         *    Price 
 ------------------------------------  ----------------------------------------------- 
 f)    Date of the                      23 September 2018 
        transaction 
      -------------------------------  ----------------------------------------------- 
 g)    Place of the                     Outside a trading venue 
        transaction 
      -------------------------------  ----------------------------------------------- 
 Name of authorised official of issuer responsible for making 
  notification 
 
  DEEPAK KUMAR, COMPANY SECRETARY 
 
  Date of notification: 24 September 2018 
 

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September 24, 2018 08:47 ET (12:47 GMT)