TIDMVED

RNS Number : 3378Q

Vedanta Resources PLC

16 June 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 the Companies Act 
       Name of the issuer                          (2006). 
 
 1.     VEDANTA RESOURCES PLC               2.     (i) 
----  -----------------------------------  ----  -------------------------------------------------- 
 
 3.    Name of person discharging           4.    State whether notification 
        managerial                                 relates to a person 
        responsibilities/director                  connected with a person 
                                                   discharging managerial responsibilities/director 
        M SIDDIQI                                  named in 3 and identify 
                                                   the connected person 
 
                                                   N/A 
----  -----------------------------------  ----  -------------------------------------------------- 
 
       Indicate whether the notification 
        is in respect of a holding                Description of shares (including 
        of the person referred to                  class), debentures or derivatives 
        in 3 or 4 above or in respect              or financial instruments 
        of a non-beneficial interest               relating to shares 
        1 
                                                   ORDINARY SHARES OF $0.10 
 5.     3 ABOVE                             6.     EACH 
----  -----------------------------------  ----  -------------------------------------------------- 
 
                                                  State the nature of the 
       Name of registered shareholders(s)          transaction 
        and, if more than one, the 
        number of shares held by                   PART EXERCISE OF OPTIONS 
        each of them                               UNDER THE VEDANTA 2013 ESOP 
                                                   & PART DISPOSAL OF SHARES 
 7.     WEALTH NOMINEES LIMITED             8.     TO COVER TAX LIABILITY 
----  -----------------------------------  ----  -------------------------------------------------- 
 
       Number of shares, debentures 
        or financial 
        instruments relating to                   Percentage of issued class 
        shares acquired                            acquired (treasury shares 
                                                   of that class should not 
        1,800 OPTIONS WERE EXERCISED               be taken into account when 
        AND FOLLOWING THE PART DISPOSAL            calculating percentage) 
        TO COVER THE TAX LIABILITY, 
 9.     1,201 SHARES WERE ACQUIRED          10.    NEGLIGIBLE 
----  -----------------------------------  ----  -------------------------------------------------- 
 
       Number of shares, debentures               Percentage of issued class 
        or financial                               disposed (treasury shares 
        instruments relating to                    of that class should not 
        shares disposed                            be taken into account when 
                                                   calculating percentage) 
        599 SHARES SOLD TO COVER 
 11.    TAX LIABILITY                       12.    NEGLIGIBLE 
----  -----------------------------------  ----  -------------------------------------------------- 
 
       Price per share or value 
        of transaction 
                                                  Date and place of transaction 
        SALE PRICE OF GBP5.83 PER 
 13.    SHARE                               14.    16 JUNE 2015, LONDON 
----  -----------------------------------  ----  -------------------------------------------------- 
 
       Total holding following 
        notification and total percentage 
        holding following notification 
        (any treasury shares should 
        not be taken into account                 Date issuer informed of 
        when calculating percentage)               transaction 
 
 15.    NEGLIGIBLE                          16.    16 JUNE 2015 
----  -----------------------------------  ----  -------------------------------------------------- 
 
 
 Name of authorised official of issuer responsible for 
  making notification 
 
  DEEPAK KUMAR, COMPANY SECRETARY 
 
  Date of notification: 16 JUNE 2015 
------------------------------------------------------ 
 

END

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END

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