Sign In
29 Nov 2013 14:00
ο»Ώ
Β
Vedanta Resources plc
Β
29 November 2013
Β
Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Connected Persons
Β
1. | Name of the issuer Β VEDANTA RESOURCES PLC | 2. | State whether the notification relates to (i) a transaction notified in accordance with DTR 3.1.4 R (1) (a), (ii) a disclosure made in accordance LR 9.8.6R(1) or (iii) a disclosure made in accordance with section 793 of the Companies Act (2006). Β (i) |
3. | Name of person discharging managerial responsibilities/director Β DIN DAYAL JALAN | 4. | State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person Β N/A |
5. | Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest 1 Β 3 ABOVE | 6. | Description of shares (including class), debentures or derivatives or financial instruments relating to shares Β ORDINARY SHARES OF $0.10 EACH |
7. | Name of registered shareholders(s) and, if more than one, the number of shares held by each of them Β DIN DAYAL JALAN | 8. | State the nature of the transaction Β THE PART EXERCISE OF A PERFORMANCE-RELATED OPTION GRANTED UNDER THE VEDANTA RESOURCES 2012 ESOP. THE OPTION, ORIGINALLY GRANTED OVER 25,000 SHARES, IS EXERCISABLE AS TO 4,500 SHARES NOW, AND UP TO 2,700 SHARES AND 1,800 SHARES ON THE SECOND AND THIRD ANNIVERSARIES OF ITS GRANT RESPECTIVELY AND DISPOSAL OF 1,834 SHARES. |
9. | Number of shares, debentures or financial instruments relating to shares acquired 4,500 | 10. | Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage) Β NEGLIGIBLE |
11. | Number of shares, debentures or financial instruments relating to shares disposed 1,834 SHARES SOLD TO COVER THE TAX LIABILITY | 12. | Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage) Β NEGLIGIBLE |
13. | Price per share or value of transaction Β EXERCISE PRICE OF $0.10 PER SHARE SHARE SOLD AT Β£8.94 PER SHARE Β | 14. | Date and place of transaction Β 28 NOVEMBER 2013, LONDON |
15. | Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage) Β NEGLIGIBLE | 16. | Date issuer informed of transaction Β 29 NOVEMBER 2013 |
Name of authorised official of issuer responsible for making notification Β DEEPAK KUMAR, COMPANY SECRETARY Β Date of notification: 29 NOVEMBER 2013 |
Β
Β
END
Follow the stocks
