Vedanta Resources PLC Director/PDMR Shareholding (0528A)

TIDMVED

RNS Number : 0528A

Vedanta Resources PLC

06 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                             Sunil Duggal 
      -------------------------------  ------------------------------------------- 
 2     Reasons for the Notification 
      ---------------------------------------------------------------------------- 
 a)    Position / status                CEO, Base Metals and Zinc India 
      -------------------------------  ------------------------------------------- 
 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 1 
 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 his shareholding in the Company. 
      -------------------------------  ------------------------------------------- 
 c)    Currency                         US Dollars 
      -------------------------------  ------------------------------------------- 
 d)    Price(s) and                      Price(s)          Volume(s) 
        volume(s)                              (a) 10.89    26,212 
                                                           ---------- 
      -------------------------------  ------------------------------------------- 
 e)         Aggregated information 
         *    Aggregated volume 
                                         26,212 
                                          10.89 
         *    Price 
 ------------------------------------  ------------------------------------------- 
 f)    Date of the                      3 September 2018 
        transaction 
      -------------------------------  ------------------------------------------- 
 g)    Place of the                     Outside a trading venue 
        transaction 
      -------------------------------  ------------------------------------------- 
 Transaction 2 
 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 Deferred Share Bonus Plan in 
                                         2016 and 2017 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    6,427 
                                                           ---------- 
      -------------------------------  ------------------------------------------- 
 e)         Aggregated information 
         *    Aggregated volume 
                                         6,427 
                                          10.89 
         *    Price 
 ------------------------------------  ------------------------------------------- 
 f)    Date of the                      3 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: 6 September 2018

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END

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