Vedanta Resources Share Price (VED)

Cash arrived in my account.

The Volcan offer document on page 3, paragraph 3 states:

In addition, Vedanta Shareholders will be entitled to receive the dividend of US$0.41 per Vedanta Share in respect
of the twelve months ended 31 March 2018, confirmed by Vedanta Resources on 17 July 2018 for payment on 22 August 2018 in respect of those shareholders on Vedanta Resources’ share register on 20 July 2018 (the “FY2018
Dividend”).

This seems to extend the official dividend date, which was on 19 July 2018 for those who accepted the Volcan offer to 20 July 2018.

I purchased the shares on 19 July 2018 AND I was on the register on 20 July 2018.

The broker now states that the Volcan Offer is poorly worded and I am not entitled to the divident and that the offer document is poorly worded.

https://www.investegate.co.uk/Index.aspx?searchtype=3&words=VED

Any updates on this? Are we just waiting for the cash? Any dates specified? Has the exchange rate changed to any significant degree or has that already been locked in now? Thanks.

Might VED be interested in buying out CNE if the tax case against the Indian Government were going their way?