30th Sep 2014 11:02
LONDON (Alliance News) - Vedanta Resources PLC Tuesday said Infrastructure Business Director Pratik Agarwal exercised options over 1,280 shares under a 2013 company share plan and sold 345 shares for tax purposes at a price of GBP9.78 per Thursday.
Agarwal also exercised options over 2,400 shares under a 2011 share plan and sold 644 shares at the same price.
The company also said Management Assurance and Information Technology Director Dilip Golani, exercised options over 2,880 shares under a 2013 share plan with 773 shares sold. He also exercised of 2,625 share options of a 2011 share award with 704 shares sold to cover tax liabilities. Shares were sold at the same price.
Akhilesh Joshi, a divisional chief executive, exercised options over 3,200 shares under a 2013 share plan with 858 shares sold. Joshi also exercised options over 3,250 shares under a 2011 share plan with 871 shares sold to cover tax liabilities. Shares were sold at the same price.
Vedanta will release its second quarter production results on October 10.
The metals and mining stock was trading at 981.50 pence up 0.7% Tuesday.
By Arvind Bhunjun; [email protected]; @ArvindBhunjun
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