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Clarification on media speculation

20 Oct 2015 12:17

RNS Number : 8340C
Vedanta Resources PLC
20 October 2015
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Vedanta Resources plc

16 Berkeley Street

London W1J 8DZ

Tel: +44 (0) 20 7499 5900

Fax: +44 (0) 20 7491 8440

www.vedantaresources.com

20 October 2015

Vedanta Resources plc

Clarification on media speculation

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Vedanta notes the recent media speculation about senior management changes. Vedanta strongly denies this speculation which is completely baseless and would like to state that Tom Albanese will continue to drive the Vedanta business and serve as the Group CEO.Ms. Cynthia Carroll, who joined the group in September 2015, will advise the Chairman's office on matters of strategic importance to the company.Β 

For further information, please contact:

Communications

Finsbury

Roma Balwani

President - Group Communications,

Sustainability

and CSR

Tel: +91 22 6646 1000

gc@vedanta.co.in

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Daniela Fleischmann

Tel: +44 20 7251 3801

Investors

Ashwin Bajaj

Director - Investor Relations

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Radhika Arora

Associate General Manager - Investor Relations

Tel: +44 20 7659 4732

Tel: +91 22 6646 1531

ir@vedanta.co.in

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About Vedanta Resources

Vedanta Resources Plc ("Vedanta") is a London-listed diversified global 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, Liberia, Australia and Sri Lanka. With an empowered talent pool globally, Vedanta places strong emphasis on partnering with all its stakeholders based on the core values of entrepreneurship, excellence, trust, inclusiveness and growth. For more information, please visit www.vedantaresources.com.Β 

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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.

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This information is provided by RNS
The company news service from the London Stock Exchange
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