14th Sep 2018 14:06
Vedanta Resources plc
Notification and public disclosure of transactions by persons discharging managerial Responsibilities and persons closely associated with them
1. | Details of PDMR / person closely associated with them ("PCA") | ||||
a) | Name | ANIL AGARWAL (being a PDMR) | |||
2 | Reasons for the Notification | ||||
a) | Position / status | Notification relates to a PCA of Anil Agarwal, VOLCAN INVESTMENTS LIMITED | |||
b) | Initial notification / amendment | Initial notification | |||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
a | Name | VEDANTA RESOURCES PLC (the "COMPANY") | |||
b | LEI | 2138007MYEKPEAZQTW83 | |||
4. | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||||
a) | Description of the financial instrument | Vedanta Resources plc ordinary shares of US$0.10 each ISIN: GB0033277061 | |||
b) | Nature of the transaction | On 11 September 2018, pursuant to a financing arrangement with J.P. Morgan, London ('J.P. Morgan') entered into on 15 March 2017, and following the receipt of a deed of release, J.P. Morgan released a security previously granted over 84,500,000 ordinary shares in the capital of the company (representing 30.0 per cent of the issued ordinary shares in the capital of the company). | |||
c) | Currency | GBP | |||
d) | Price(s) and volume(s) |
Price - 0 |
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e) | Aggregated information - Aggregated volume - Price |
84,500,000 0 | |||
f) | Date of the transaction | 11 September 2018 | |||
g) | Place of the transaction | Outside a trading venue | |||
Name of authorised official of issuer responsible for making notification
DEEPAK KUMAR, COMPANY SECRETARY
Date of notification: 14 September 2018 |
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Related Shares:
Vedanta Resources