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| 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 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From May 2019 to May 2024
TIDMVED
RNS Number : 7626W
Vedanta Resources PLC
16 November 2017
Vedanta Resources plc (the "Company")
Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Persons Closely Associated With Them- Award of Options
This notification is made in accordance with Article 19(3) of the Market Abuse Regulation No 596/2014.
With effect from 14 November 2017, the executive directors of the Company have been granted the following conditional awards of options over ordinary shares of US$0.10 each under the Vedanta Performance Share Plan (the "PSP"). The exercise price of each option is US$0.10.
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NAME No of options % of Base
granted under Salary awarded
the PSP
--------------- --------------- ----------------
Anil Agarwal 178,230 90%
--------------- --------------- ----------------
Navin Agarwal 122,440 85%
--------------- --------------- ----------------
The vesting of the PSP awards are subject to performance conditions over a three year performance period. Accordingly, the awards granted under the PSP will vest on the third anniversary of the date of grant, subject to meeting the performance conditions.
The average of the middle market quotations of a share on the dealing day immediately prior to the date of grant was GBP8.12.
The awards were approved by the Company's Remuneration Committee and the Company was notified of the grants of awards on 14 November 2017. This transaction took place in London.
Should you have any queries concerning this announcement, please contact Deepak Kumar, Company Secretary on 020 7499 5900.
Deepak Kumar, Group Company Secretary
Vedanta Resources plc
16 November 2017
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 Anil Agarwal
--- ------------------------------ --------------------------------------
2 Reasons for the Notification
--- ----------------------------------------------------------------------
a) Position Executive Chairman
/ status
--- ------------------------------ --------------------------------------
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
--- ----------------------------------------------------------------------
a) Description Vedanta Ordinary Shares of US$0.10
of the financial each
instrument ISIN:GB0033277061
--- ------------------------------ --------------------------------------
b) Nature of Grant of conditional awards
the transaction of options over Ordinary Shares
of US$0.10 under the Vedanta
Resources Performance Share
Plan
--- ------------------------------ --------------------------------------
c) Currency GBP - British Pound
--- ------------------------------ --------------------------------------
d) Price(s) Price(s) Volume(s)
and volume(s) --------- ----------
0.00 178,230
--------- ----------
--- ------------------------------ --------------------------------------
e) Aggregated Aggregate Price Aggregate Volume
information ---------------- -----------------
* Aggregated volume 0.00 178,230
---------------- -----------------
* Price
--- ------------------------------ --------------------------------------
f) Date of the 2017.11.14
transaction
--- ------------------------------ --------------------------------------
g) Place of Outside a trading venue
the transaction
--- ------------------------------ --------------------------------------
Name of authorised official of issuer responsible
for making notification
DEEPAK KUMAR, COMPANY SECRETARY
Date of notification: 16 November 2017
--------------------------------------------------
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 Navin Agarwal
--- ------------------------------ --------------------------------------
2 Reasons for the Notification
--- ----------------------------------------------------------------------
a) Position Executive Vice Chairman
/ status
--- ------------------------------ --------------------------------------
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
--- ----------------------------------------------------------------------
a) Description Vedanta Ordinary Shares of US$0.10
of the financial each
instrument ISIN:GB0033277061
--- ------------------------------ --------------------------------------
b) Nature of Grant of conditional awards
the transaction of options over Ordinary Shares
of US$0.10 under the Vedanta
Resources Performance Share
Plan
--- ------------------------------ --------------------------------------
c) Currency GBP - British Pound
--- ------------------------------ --------------------------------------
d) Price(s) Price(s) Volume(s)
and volume(s) --------- ----------
0.00 122,440
--------- ----------
--- ------------------------------ --------------------------------------
e) Aggregated Aggregate Price Aggregate Volume
information ---------------- -----------------
* Aggregated volume 0.00 122,440
---------------- -----------------
* Price
--- ------------------------------ --------------------------------------
f) Date of the 2017.11.14
transaction
--- ------------------------------ --------------------------------------
g) Place of Outside a trading venue
the transaction
--- ------------------------------ --------------------------------------
Name of authorised official of issuer responsible
for making notification
DEEPAK KUMAR, COMPANY SECRETARY
Date of notification: 16 November 2017
--------------------------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
DSHUNSNRBKAAAAA
(END) Dow Jones Newswires
November 16, 2017 11:53 ET (16:53 GMT)
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