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RNS Number : 9965N
Vedanta Resources PLC
03 February 2016
 

 

Vedanta Resources plc

 

 

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)





3.

Name of person discharging managerial

responsibilities/director

 

SURESH BOSE

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





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





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

 

PART EXERCISE OF OPTIONS UNDER THE VEDANTA 2013 ESOP & PART DISPOSAL OF SHARES TO COVER TAX LIABILITY





9.

Number of shares, debentures or financial

instruments relating to shares acquired

 

240 OPTIONS WERE EXERCISED AND FOLLOWING THE PART DISPOSAL TO COVER THE TAX LIABILITY, 84 SHARES WERE ACQUIRED

10.

Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)

 

NEGLIGIBLE





11.

Number of shares, debentures or financial

instruments relating to shares disposed

 

156 SHARES SOLD TO COVER TAX LIABILITY

12.

Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage)

 

NEGLIGIBLE





13.

Price per share or value of transaction

 

SALE PRICE OF £2.14 PER SHARE

 

14.

Date and place of transaction

 

2 FEBRUARY 2016, LONDON





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

 

3 FEBRUARY 2016

Name of authorised official of issuer responsible for making notification

 

DEEPAK KUMAR, COMPANY SECRETARY

 

Date of notification: 3 FEBRUARY 2016

 

 

END


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