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Vedanta Resources PLC  -  VED   

Final Dividend Arrangements

Released 07:10 23-May-2018

RNS Number : 9494O
Vedanta Resources PLC
23 May 2018
 

Final Dividend Arrangements

 

Vedanta Resources plc ("Vedanta") announced a final dividend of US 41 cents per Ordinary Share on 23 May 2018 in respect of the twelve months ended 31 March 2018. The dividend will be paid out in US dollars on 22 August 2018 to those shareholders on the Register of Members on 20 July 2018.

 

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 £0.7431 per US dollar, equating to a dividend of 30.47 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 23 May 2018.

 

Shareholders wishing to receive their dividends in UK pounds sterling should notify the Company's Registrar by 23 July 2018.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.

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 2018


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Final Dividend Arrangements - RNS