22 Nov 2017 14:12
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") |
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a) | Name | Anil Agarwal |
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2 | Reasons for the Notification |
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a) | Position / status | Executive Chairman |
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b) | Initial notification / amendment | Initial Notification |
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3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a | Name | Vedanta Resources plc ("Vedanta") |
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b | LEI | 2138007MYEKPEAZQTW83 |
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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 |
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Transaction 1 |
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a) | Description of the financial instrument | Vedanta ordinary Shares of US$0.10 each ISIN:GB0033277061 |
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b) | Nature of the transaction | Exercise of options under a) the Vedanta Performance Share Plan 2014 (135,000) and b) forfeitable share awards under the Deferred Share Bonus Plan for 2015 (20,598) and 2016 (47,634).
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c) | Currency | GBP - British Pound |
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d) | Price(s) and volume(s)
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e) | Aggregated information - Aggregated volume - Price |
203,232
n/a |
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f) | Date of the transaction | 2017.11.20 |
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g) | Place of the transaction | Outside a trading venue |
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Transaction 2 |
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a) | Description of the financial instrument | Vedanta ordinary Shares of US$0.10 each ISIN:GB0033277061 |
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b) | Nature of the transaction | Sale of ordinary shares to meet tax liability arising on the vesting of Performance Share Plan 2014 awards and forfeitable share awards under the Vedanta Deferred Share Bonus Plan 2015
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c) | Currency | GBP - British Pound |
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d) | Price(s) and volume(s)
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e) | Aggregated information - Aggregated volume - Price |
86,853 £7.70 |
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f) | Date of the transaction | 2017.11.21 |
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g) | Place of the transaction | London Stock Exchange (XLON), Main Market |
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Name of authorised official of issuer responsible for making notification
DEEPAK KUMAR, COMPANY SECRETARY
Date of notification: 22 November 2017 |