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Interim Dividend Arrangements

Fri, 10th Nov 2017 07:10


RNS Number : 1130W
Vedanta Resources PLC
10 November 2017
 

 

Vedanta Resources plc

16 Berkeley Street

London W1J 8DZ

Tel: +44 (0) 20 7499 5900

Fax: +44 (0) 20 7491 8440

www.vedantaresources.com

 

 

 

Interim Dividend Arrangements

 

Vedanta Resources plc ("Vedanta") announced an interim dividend of US 24 cents per Ordinary Share on 10 November 2017 in respect of the six months ended 30 September 2017. The dividend will be paid out in US dollars on 14 December 2017 to those shareholders on the Register of Members on 24 November 2017.

 

Shareholders may elect to receive the interim dividend in UK pounds sterling if they wish.  The Board has determined that the exchange rate to be applied to convert the dividend into UK pounds will be 0.763 per US dollar, equating to a dividend of 18.31 pence per Ordinary Share. This exchange rate is based on the average exchange rate for the five business days prior to the announcement of the Company's interim results on 10 November 2017.

 

Shareholders wishing to receive their dividends in UK pounds sterling should notify the Company's Registrars by 27 November 2017 .The Company's Registrars can also arrange for dividends to be paid directly into the shareholders' UK bank accounts. This arrangement will only be available in respect of dividends paid in UK pounds sterling.

 

The Company's Registrars are Computershare Investor Services PLC and can be contacted at The Pavilions, Bridgwater Road, Bristol BS99 6ZZ or on telephone number +44 (0) 870 707 1388.

 

 

For further information, please contact:

 

Deepak Kumar
Company Secretary

Vedanta Resources plc

www.vedantaresources.com

 

Tel: +44 20 7499 5900

 

 

Daniela Fleischmann  

Finsbury

 

 

Tel: +44 207 251 3801

 

 

 

 

 

About Vedanta Resources

Vedanta Resources plc ("Vedanta") is a London listed diversified global natural resources company. The group produces aluminium, copper, zinc, lead, silver, iron ore, oil & gas and commercial energy. Vedanta has operations in India, Zambia, Namibia, South Africa, Ireland and Australia. With an empowered talent pool globally, Vedanta places strong emphasis on partnering with all its stakeholders based on the core values of trust, sustainability, growth, entrepreneurship, integrity, respect and care. To access the Vedanta

Sustainable Development Report 2017, please visit http://www.vedantaresources.com/media/214366/vedanta_sd_report_2016-17.pdf. For more information on Vedanta Resources, please visit www.vedantaresources.com 

Disclaimer

This press release contains "forward-looking statements" - that is, statements related to future, not past, events. In this context, forward-looking statements often address our expected future business and financial performance, and often contain words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "should" or "will." Forward-looking statements by their nature address matters that are, to different degrees, uncertain. For us, uncertainties arise from the behaviour of financial and metals markets including the London Metal Exchange, fluctuations in interest and/or exchange rates and metal prices; from future integration of acquired businesses; and from numerous other matters of national, regional and global scale, including those of a political, economic, business, competitive or regulatory nature. These uncertainties may cause our actual future results to be materially different that those expressed in our forward-looking statements. We do not undertake to update our forward-looking statements.


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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Related Shares:
Vedanta Resources (VED)



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