Regulatory Story
Go to market news section View chart   Print
RNS
Vedanta Resources PLC  -  VED   

Shareholding by Director

Released 17:35 06-Feb-2013

RNS Number : 3118X
Vedanta Resources PLC
06 February 2013
 



NOTIFICATION OF TRANSACTIONS OF DIRECTORS/PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND CONNECTED PERSONS

 

This form is intended for use by an issuer to make a RIS notification required by DR 3.1.4R(1).

 

 

(1) An issuer making a notification in respect of a transaction relating to the shares or debentures of the issuer should complete boxes 1 to 16, 23 and 24.

 

(2) An issuer making a notification in respect of a derivative relating to the shares of the issuer should complete boxes 1 to 4, 6, 8, 13, 14, 16, 23 and 24.

 

(3) An issuer making a notification in respect of options granted to a director/person discharging managerial responsibilities should complete boxes 1 to 3 and 17 to 24.

 

(4) An issuer making a notification in respect of a financial instrument relating to the shares of the issuer (other than a debenture) should complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24.

 

 

Please complete all relevant boxes in block capital letters.

 

 

1. Name of the issuer

 

VEDANTA RESOURCES PLC

 

2. State whether the notification relates to:

 

(i) a transaction notified in accordance with DR 3.1.4R(1)(a); or

 

(ii) DR 3.1.4(R)(1)(b) a disclosure made in accordance with section 324 (as extended by section 328) of the Companies Act 1985; or

 

(iii) both (i) and (ii)

 

THE NOTIFICATION RELATES TO A TRANSACTION NOTIFIED IN ACCORDANCE WITH DR 3.1.4R(1)(a)

 

3. Name of person discharging managerial responsibilities/director

 

MR A K AGARWAL

 

4. State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person

 

YES. THE NOTIFICATION RELATES TO VOLCAN INVESTMENTS LIMITED

 

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

 

DISCLOSURE RELATES TO A HOLDING OF THE PERSON NAMED IN BOX 4 ABOVE.

 

6. Description of shares (including class), debentures or derivatives or financial instruments relating to shares

 

ORDINARY SHARES OF 10 US CENTS EACH IN VEDANTA RESOURCES PLC

 

7. Name of registered shareholders(s) and, if more than one, the number of shares held by each of them

 

NAME                                

 

VOLCAN INVESTMENTS LIMITED          

 

8 State the nature of the transaction

 

PURCHASE OF ORDINARY SHARES OF VEDANTA RESOURCES PLC

 

9. Number of shares, debentures or financial instruments relating to shares acquired

 

NAME                            NUMBER OF SHARES IN VEDANTA RESOURCES

                PLC WHICH WERE PURCHASED FROM MARKET.  

 

VOLCAN INVESTMENTS LIMITED      2,498,825

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

 

NAME                            PERCENTAGE

 

VOLCAN INVESTMENTS LIMITED      0.91%

 

11. Number of shares, debentures or financial instruments relating to shares disposed

 

NONE

 

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

 

NONE

 

13. Price per share or value of transaction

 

85,329 SHARES WERE PURCHASED AT £11.94 PER SHARE

325,331 SHARES WERE PURCHASED AT £12.31 PER SHARE

1,065,000 SHARES WERE PURCHASED AT £12.49 PER SHARE

1,023,165 SHARES WERE PURCHASED AT £12.59 PER SHARE

 

 

14. Date and place of transaction

 

31 JANUARY 2013, LONDON

1 FEBRUARY 2013, LONDON

4 FEBRUARY 2013, LONDON

5 FEBRUARY 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)

 

NAME                            HOLDING               PERCENTAGE

 

VOLCAN INVESTMENTS LIMITED      170,451,881          64.01

 

VOLCAN INVESTMENTS LIMITED IS THE ULTIMATE CONTROLLING PARTY OF VEDANTA RESOURCES PLC, WHICH IS CONTROLLED BY PERSONS RELATED TO THE CHAIRMAN (MR A K AGARWAL)

 

16. Date issuer informed of transaction

 

5 FEBRUARY 2013

 

 

If a person discharging managerial responsibilities has been granted options by the issuer complete the following boxes

 

17 Date of grant

 

N/A

 

18. Period during which or date on which it can be exercised

 

N/A

 

19. Total amount paid (if any) for grant of the option

 

N/A

 

20. Description of shares or debentures involved (class and number)

 

N/A

                             

21. Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise

 

N/A

 

22. Total number of shares or debentures over which options held following notification

 

N/A

 

23. Any additional information

 

N/A

 

24. Name of contact and telephone number for queries

 

DEEPAK KUMAR

 

020 7499 5900

 

Name and signature of duly authorised officer of issuer responsible for making notification

 

DEEPAK KUMAR

 

Date of notification

 

6 FEBRUARY 2013

 

END


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


London Stock Exchange plc is not responsible for and does not check content on this Website. Website users are responsible for checking content. Any news item (including any prospectus) which is addressed solely to the persons and countries specified therein should not be relied upon other than by such persons and/or outside the specified countries. Terms and conditions, including restrictions on use and distribution apply.

 


Shareholding by Director - RNS