Information  X 
Enter a valid email address

Vedanta Resources (VED)

  Print      Mail a friend       Annual reports

Thursday 29 March, 2007

Vedanta Resources

Director/PDMR Shareholding

Vedanta Resources PLC
29 March 2007


NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL
RESPONSIBILITY OR CONNECTED PERSONS


This form is intended for use by an issuer to make a RIS notification required
by DR 3.1.4R(1).



(1) An issuer making a notification in respect of a transaction relating to the
shares or debentures of the issuer should complete boxes 1 to 16, 23 and 24.

(2) An issuer making a notification in respect of a derivative relating to the
shares of the issuer should complete boxes 1 to 4, 6, 8, 13, 14, 16, 23 and 24.

(3) An issuer making a notification in respect of options granted to a director/
person discharging managerial responsibilities should complete boxes 1 to 3 and
17 to 24.

(4) An issuer making a notification in respect of a financial instrument
relating to the shares of the issuer (other than a debenture) should complete
boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24.



Please complete all relevant boxes in block capital letters.



1. Name of the issuer


VEDANTA RESOURCES PLC


2. State whether the notification relates to


(i) a transaction notified in accordance with DR 3.1.4R(1)(a); or


(ii) DR 3.1.4(R)(1)(b) a disclosure made in accordance with section 324 (as
extended by section 328) of the Companies Act 1985; or


(iii) both (i) and (ii)


THE NOTIFICATION RELATES TO A TRANSACTION NOTIFIED IN ACCORDANCE WITH DR3.1.4
(R) (1)(a)


3. Name of person discharging managerial responsibilities/director


Mr T JAIN

MR C P BAID

MR M S MEHTA


4. State whether notification relates to a person connected with a person
discharging managerial responsibilities/director named in 3 and identify the
connected person


N/A


5. Indicate whether the notification is in respect of a holding of the person
referred to in 3 or 4 above or in respect of a non-beneficial interest


DISCLOSURE RELATES TO PERSON NAMED IN POINT 3


6. Description of shares (including class), debentures or derivatives or
financial instruments relating to shares


ORDINARY SHARES OF 10 US CENTS IN VEDANTA RESOURCES PLC


7. Name of registered shareholders(s) and, if more than one, the number of
shares held by each of them

NAME NUMBER OF SHARES

MR T JAIN 50,000

MR C P BAID 12,500

MR M S MEHTA 17,500


8 State the nature of the transaction


EXERCISE OF AN OPTION UNDER THE VEDANTA RESOURCES LONG TERM INCENTIVE PLAN


9. Number of shares, debentures or financial instruments relating to shares
acquired

NAME NUMBER OF SHARES IN VEDANTA RESOURCES

PLC OVER WHICH OPTIONS HAVE BEEN EXERCISED.

MR T JAIN 50,000

MR C P BAID 12,500

MR M S MEHTA 17,500


10. Percentage of issued class acquired (treasury shares of that class should
not be taken into account when calculating percentage)

NAME PERCENTAGE

MR T JAIN .00017%

MR C P BAID .00004%

MR M S MEHTA .00006%


11. Number of shares, debentures or financial instruments relating to shares
disposed

N/A


12. Percentage of issued class disposed (treasury shares of that class should
not be taken into account when calculating percentage)


N/A

13. Price per share or value of transaction


AN EXERCISE PRICE OF US 10 CENTS WAS PAID BY EACH OF THE PERSONS NAMED IN POINT
3 ABOVE ON EXERCISE OF THEIR OPTIONS.


14. Date and place of transaction


26 MARCH 2007, LONDON



15. Total holding following notification and total percentage holding following
notification (any treasury shares should not be taken into account when
calculating percentage)

NAME HOLDING PERCENTAGE

MR T JAIN 100,000 .00035%

MR C P BAID 30,000 .00010%

MR M S MEHTA 32,500 .00011%


16. Date issuer informed of transaction


29 MARCH 2007



If a person discharging managerial responsibilities has been granted options by
the issuer complete the following boxes


17 Date of grant


N/A


18. Period during which or date on which it can be exercised


N/A


19. Total amount paid (if any) for grant of the option


N/A


20. Description of shares or debentures involved (class and number)


N/A


21. Exercise price (if fixed at time of grant) or indication that price is to be
fixed at the time of exercise

N/A


22. Total number of shares or debentures over which options held following
notification


N/A


23. Any additional information

THE OPTIONS EXERCISED ON 26 MARCH 2007 WERE GRANTED ON 26TH FEBRUARY 2004.


24. Name of contact and telephone number for queries


DEEPAK KUMAR


020 7499 5900


Name and signature of duly authorised officer of issuer responsible for making
notification


DEEPAK KUMAR


Date of notification


29 March 2007


END



                      This information is provided by RNS
            The company news service from the London Stock Exchange