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Vedanta Resources (VED)

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Tuesday 04 August, 2009

Vedanta Resources

Director/PDMR Shareholding

RNS Number : 8832W
Vedanta Resources PLC
04 August 2009
 



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


J JEYAKUMAR 

AKHILESH JOSHI

PANKAJ KHANNA

GUNJAN GUPTA

V RAMANATHAN

S L BAJA

RAMESH NAIR

SUSHIL GUPTA

VINOD BHANDHAWAT 

DR MUKESH KUMAR 

SUNIL BOHRA 


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



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



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


8 State the nature of the transaction



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


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



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


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


13. Price per share or value of transaction


 

14. Date and place of transaction




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


16. Date issuer informed of transaction



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


17 Date of grant


1st AUGUST 2009 

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


THE AWARDS WILL VEST ON THE THIRD ANNIVERSARY OF THE DATE OF GRANT


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


NO AMOUNT WAS PAID IN RELATION TO THE GRANT OF THE AWARDS. 


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


AWARDS UNDER THE VEDANTA RESOURCES LONG TERM INCENTIVE PLAN OVER 97,500 ORDINARY SHARES IN VEDANTA RESOURCES PLC HAVE BEEN GRANTED AS FOLLOWS: 


J JEYAKUMAR 

12,000

AKHILESH JOSHI

10,000

PANKAJ KHANNA

10,000

GUNJAN GUPTA

10,000

V RAMANATHAN

10,000

S L BAJA

8,500

RAMESH NAIR

8,500

SUSHIL GUPTA

8,500

VINOD BHANDHAWAT 

8,500

DR MUKESH KUMAR 

7,500

SUNIL BOHRA 

4,000



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


AN EXERCISE PRICE PER SAHRE EQUAL TO US$0.10 IS PAYABLE ON EXERCISE OF THE AWARDS. 


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

FOLLOWING THE GRANT OF AWARDS ON 1 AUGUST 2009, EACH OF THE PDMRS TO WHOM AWARDS WERE GRANTED HOLDS AWARDS OVER THE NUMBER OF ORDIANRY SAHRES IN VEDANTA RESOURCES PLC SET OUT BELOW:

J JEYAKUMAR 

18,400

AKHILESH JOSHI

15,400

PANKAJ KHANNA

10,000

GUNJAN GUPTA

15,400

V RAMANATHAN

15,000

S L BAJA

13,500

RAMESH NAIR

13,200

SUSHIL GUPTA

13,500

VINOD BHANDHAWAT 

13,500

DR MUKESH KUMAR 

11,500

SUNIL BOHRA 

5,600







23. Any additional information


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

4th AUGUST 2009 


END


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