Vedanta Resources PLC Director/PDMR Shareholding (0248B)
September 17 2018 - 11:53AM
UK Regulatory
TIDMVED
RNS Number : 0248B
Vedanta Resources PLC
17 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 ANIL AGARWAL (being a PDMR)
----------------------------- --------------------------------------------------------------------------------------------------------------
2 Reasons for the Notification
---------------------------------------------------------------------------------------------------------------------------------------------
a) Position / status Notification relates to a PCA 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
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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 Resources plc ordinary shares
of the financial of US$0.10 each ISIN: GB0033277061
instrument
----------------------------- --------------------------------------------------------------------------------------------------------------
b) Nature of the On 11 - 14 September 2018 (inclusive),
transaction pursuant to a financing arrangement with
Standard Chartered Bank and Credit Suisse
AG, Singapore Branch entered into on 11
September 2018, and following the release
of a security previously granted to J.P
Morgan over 84,500,000 ordinary shares
in the capital of the company (representing
30.0 per cent of the issued ordinary shares
in the capital of the company), Volcan
Investments Limited ('Volcan) granted
security over 270,770,175 ordinary shares
in the capital of the company (representing
96.05 per cent of the issued ordinary
shares in the capital of the company).
----------------------------- --------------------------------------------------------------------------------------------------------------
c) Currency GBP
----------------------------- --------------------------------------------------------------------------------------------------------------
d) Price(s) and VEDANTA RESOURCES PLC ORD
volume(s) USD0.10 ISIN: GB0033277061 270,770,175
Price - GBP0
----------------------------- ---------------------------------------------- --------------------------------------------------------------
e) Aggregated information
* Aggregated volume
270,770,175
GBP0
* Price
----------------------------- --------------------------------------------------------------------------------------------------------------
f) Date of the 11 - 14 September 2018 (inclusive)
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: 17 September 2018
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END
DSHUBVVRWRAKAAR
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