By LSE RNS
Final Dividend Arrangements
Vedanta Resources plc ("Vedanta") announced a final dividend of US 35 cents per Ordinary Share on 24 May 2017 in respect of the twelve months ended 31 March 2017. The dividend will be paid out in US dollars on 23 August 2017 to those shareholders on the Register of Members on 21 July 2017.
Shareholders may elect to receive the final dividend in UK pounds sterling if they wish.The Board has determined that the exchange rate to be applied to convert the dividend into UK pounds will be £0.769 per US dollar, equating to a dividend of 26.92 pence per Ordinary Share. This exchange rate is based on the average exchange rate for the five business days prior to the announcement of the Company's final results on 24 May 2017.
Shareholders wishing to receive their dividends in UK pounds sterling should notify the Company's Registrar by 24 July 2017.The Company's Registrar can also arrange for dividends to be paid directly into the shareholders' UK bank accounts. This arrangement will only be available in respect of dividends paid in UK pounds sterling.
Home Member State
In accordance with and for the general purposes of, DTR 6.4.2, the Board of the Company announces that the UK is its home member state.
The Company's Registrar is Computershare Investor Services PLC and can be contacted at The Pavilions, Bridgwater Road, Bristol BS99 6ZZ or on telephone number +44 (0) 370 707 1388.
For further information, please contact:
Deepak Kumar Vedanta Resources plc www.vedantaresources.com |
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Tel: +44 20 7499 5900
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Faeth Birch Finsbury Group
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Tel: +44 207 251 3801
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23 May 2017