6th Feb 2014 16:46
LONDON (Alliance News) - Vedanta Resources PLC Thursday said Executive Chairman Anil Agarwal recently bought over 1.1 million shares in the company for a total of over GBP9.0 million.
The miner and oil and gas producer said Agarwal bought 377,488 shares at 802 pence per share on Monday, 534,333 shares at 796 pence per share on Tuesday and 214,652 shares at 802 pence per share on Wednesday.
The company said that following the deal, Agarwal has a total holding of 182.4 million shares, or 68.37% of the company.
Vedanta Resources shares closed up 1.5% at 822.5 pence Thursday.
By Tom McIvor; [email protected]; @TomMcIvor1
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