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RNS Number : 5567Z
Vedanta Resources PLC
27 May 2016
 

   Vedanta Resources plc

16 Berkeley Street

London W1J 8DZ

Tel: +44 (0) 20 7499 5900

Fax: +44 (0) 20 7491 8440

www.vedantaresources.com

 

27 May 2016

 

 

 

 

KCM announcement

 

Vedanta and KCM had challenged the jurisdiction of the English courts to hear and adjudicate the claims by Zambian residents in relation to KCM's operations in Zambia. The English High Court of Justice, Queen's Bench Division, Technology and Construction Court today released a judgment, ruling that the English courts have jurisdiction to hear and adjudicate the claims. 

 

This judgment relates solely to the jurisdiction of the English courts to hear these claims.  It is not a ruling or a determination on the merits of the claims.  

 

Vedanta and KCM are examining the Court's judgment and considering all options including an appeal of the Court's decision.

 

For further information, please contact:

Communications

Finsbury

Roma Balwani

President - Group Communications, Sustainability

and CSR

Tel: +91 22 6646 1000

gc@vedanta.co.in

 

Daniela Fleischmann

Tel:  +44 20 7251 3801

Investors

 

Ashwin Bajaj

Director - Investor Relations

 

Radhika Arora

Associate General Manager - Investor Relations

 

Ravindra Bhandari

Manager - Investor Relations

Tel: +44 20 7659 4732

Tel:  +91 22 6646 1531

ir@vedanta.co.in

About Vedanta Resources

Vedanta Resources plc ("Vedanta") is a London listed diversified global natural resources company. The group produces aluminium, copper, zinc, lead, silver, iron ore, oil & gas and commercial energy. Vedanta has operations in India, Zambia, Namibia, South Africa, Ireland, Liberia and Australia. With an empowered talent pool globally, Vedanta places strong emphasis on partnering with all its stakeholders based on the core values of trust, sustainability, growth, entrepreneurship, integrity, respect and care. For more information, please visit www.vedantaresources.com.

Disclaimer

This press release contains "forward-looking statements" - that is, statements related to future, not past, events. In this context, forward-looking statements often address our expected future business and financial performance, and often contain words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "should" or "will." Forward-looking statements by their nature address matters that are, to different degrees, uncertain. For us, uncertainties arise from the behaviour of financial and metals markets including the London Metal Exchange, fluctuations in interest and/or exchange rates and metal prices; from future integration of acquired businesses; and from numerous other matters of national, regional and global scale, including those of a political, economic, business, competitive or regulatory nature. These uncertainties may cause our actual future results to be materially different that those expressed in our forward-looking statements. We do not undertake to update our forward-looking statements.


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