4 Oct 2017 16:46
Vedanta Resources plc
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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") | Β | ||
a) | Name | ANIL AGARWAL (being a PDMR) | Β | |
2 | Reasons for the Notification | Β | ||
a) | Position / status | Notification relates to a PCA of Anil Agarwal, VOLCAN INVESTMENTS LIMITED | Β | |
b) | Initial notification / amendment | Initial notification | Β | |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | Β | ||
a | Name | VEDANTA RESOURCES PLC (the "COMPANY") | Β | |
b | LEI | 2138007MYEKPEAZQTW83 | Β | |
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 | Β | ||
a) | Description of the financial instrument | 6 % Bonds Vedanta Resources PLC Due 2019 Sr Reg S, ISIN USG9328DAH38 | Β | |
b) | Nature of the transaction | On 2 October 2017, pursuant to a financing facility arrangement with J.P. Morgan, London ('J.P. Morgan') entered into by Volcan Investments Limited ('Volcan'), J.P. Morgan released a security previously granted over USD35,000,000 6% Vedanta Resources plc due 2019 corporate bonds. Volcan subsequently sold USD27,000,000 6% Vedanta Resources plc due 2019 corporate bonds. | Β | |
c) | Currency | USD | Β | |
d) | Price(s) and volume(s Β | 1. Price - 102.875% Volume - USD 15 million at Nominal Value 2. Price - 103% Volume - USD 12 million at Nominal Value | Β | |
e) | Aggregated information - Aggregated volume - Price | Β Β Volume - USD 27 million at Nominal Value Price - 102.93% Β | Β | |
f) | Date of the transaction | 2 October 2017 | Β | |
g) | Place of the transaction | Outside a trading venue | Β | |
Name of authorised official of issuer responsible for making notification Β DEEPAK KUMAR, COMPANY SECRETARY Β Date of notification: 4 October 2017 | ||||
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