Vedanta Resources plc
27 March 2015
Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Connected Persons
1. |
Name of the issuer
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).
(i) |
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3. |
Name of person discharging managerial responsibilities/director
SUSHIL KUMAR ROONGTA |
4. |
State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person
N/A |
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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
3 ABOVE |
6. |
Description of shares (including class), debentures or derivatives or financial instruments relating to shares
ORDINARY SHARES OF $0.10 EACH |
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7. |
Name of registered shareholders(s) and, if more than one, the number of shares held by each of them
WEALTH NOMINEES LIMITED |
8. |
State the nature of the transaction
THE PART EXERCISE OF PERFORMANCE-RELATED OPTIONS GRANTED UNDER THE VEDANTA RESOURCES 2012 AND 2013 ESOP AND 2011 LTIP & PART DISPOSAL OF SHARES TO COVER TAX LIABILITY |
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9. |
Number of shares, debentures or financial instruments relating to shares acquired
11,110 OPTIONS WERE EXERCISED AND FOLLOWING THE PART DISPOSAL TO COVER THE TAX LIABILITY, 7032 SHARES ACQUIRED |
10. |
Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)
NEGLIGIBLE |
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11. |
Number of shares, debentures or financial instruments relating to shares disposed
4,078 SHARES SOLD TO COVER TAX LIABILITY
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12. |
Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage)
N/A |
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13. |
Price per share or value of transaction
EXERCISE PRICE OF $0.10 PER SHARE AND SALE PRICE OF £5.26 PER SHARE
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14. |
Date and place of transaction
27 MARCH 2015, LONDON |
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15. |
Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)
NEGLIGIBLE |
16. |
Date issuer informed of transaction
27 MARCH 2015 |
Name of authorised official of issuer responsible for making notification
DEEPAK KUMAR, COMPANY SECRETARY
Date of notification: 27 MARCH 2015
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END
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