VED Vedanta

TIDMVED

RNS Number : 0363B

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                             Tarun Jain 
      -------------------------------  ------------------------------------------- 
 2     Reasons for the Notification 
      ---------------------------------------------------------------------------- 
 a)    Position / status                Director, Vedanta 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 ("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 
 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 Performance Share Plan in 2015 
                                         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    54,188 
                                                           ---------- 
      -------------------------------  ------------------------------------------- 
 e)         Aggregated information 
         *    Aggregated volume 
                                         54,188 
                                           10.89 
         *    Price 
 ------------------------------------  ------------------------------------------- 
 f)    Date of the                      12 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: 17 September 2018 
 

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END

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