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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 |
TIDMVED
RNS Number : 3927R
Vedanta Resources PLC
21 September 2017
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 ANIL AGARWAL (being a PDMR) --- ------------------------------ -------------------------------------------------------------------------- 2 Reasons for the Notification --- ---------------------------------------------------------------------------------------------------------- a) Position Notification relates to a PCA / status of Anil Agarwal, VOLCAN INVESTMENTS LIMITED --- ------------------------------ -------------------------------------------------------------------------- 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 (the "COMPANY") --- ------------------------------ -------------------------------------------------------------------------- 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 of the financial * Vedanta Resources plc ordinary shares of US$0.10 each instrument ISIN: GB0033277061 --- ------------------------------ -------------------------------------------------------------------------- b) Nature of ON 20 SEPTEMBER 2017 , PURSUANT the transaction TO A FINANCING ARRANGEMENT WITH J.P. MORGAN, LONDON ('J.P. MORGAN'), VOLCAN INVESTMENTS LIMITED ('VOLCAN') GRANTED SECURITY OVER 33,400,024 ORDINARY SHARES IN THE CAPITAL OF THE COMPANY (REPRESENTING 12.36 PER CENT OF THE ORDINARY SHARES IN THE CAPITAL OF THE COMPANY, EXCLUDING SHARES HELD IN TREASURY (INCLUDING THOSE SHARES HELD BY GOREY INVESTMENTS LIMITED) AND SHARES HELD THROUGH A GLOBAL DEPOSITARY RECEIPT (WHICH, AS A RESULT, CARRY NO VOTING RIGHTS)) ('THE SHARES') IN FAVOUR OF J.P. MORGAN. THE TOTAL NUMBER OF ORDINARY SHARES OVER WHICH SECURITY HAS BEEN GRANTED IN FAVOUR OF J.P. MORGAN IS 91,900,000 ORDINARY SHARES. THE ARRANGEMENT PERMITS VOLCAN TO CONTINUE TO PROVIDE INSTRUCTIONS IN RELATION TO THE VOTING RIGHTS ATTACHING TO THE SHARES, SUBJECT TO CUSTOMARY EXCEPTIONS. --- ------------------------------ -------------------------------------------------------------------------- c) Currency N/A --- ------------------------------ -------------------------------------------------------------------------- d) Price(s) VEDANTA RESOURCES PLC and volume(s) ORD USD0.10 ISIN: GB0033277061 33,400,024 --------------------------------- ----------- --- ------------------------------ ------------------------------------------------------------------------ e) Aggregated information * Aggregated volume N/A * Price --- ------------------------------ -------------------------------------------------------------------------- f) Date of the 20 September 2017 transaction --- ------------------------------ -------------------------------------------------------------------------- g) Place of N/A the transaction --- ------------------------------ -------------------------------------------------------------------------- Name of authorised official of issuer responsible for making notification DEEPAK KUMAR, COMPANY SECRETARY Date of notification: 20 September 2017 -------------------------------------------------------------------------------------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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(END) Dow Jones Newswires
September 21, 2017 02:01 ET (06:01 GMT)
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