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Vedanta Resources PLC  -  VED   

Final Dividend Arrangements

Released 07:10 24-May-2017

RNS Number : 0346G
Vedanta Resources PLC
24 May 2017
 

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
Company Secretary

Vedanta Resources plc

www.vedantaresources.com
 

 

Tel: +44 20 7499 5900

 

 

Faeth Birch
Daniela Fleischmann  

Finsbury Group

 

 

Tel: +44 207 251 3801

 

 

 

23 May 2017


This information is provided by RNS
The company news service from the London Stock Exchange
 
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Final Dividend Arrangements - RNS