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Vedanta Resources (VED)

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Tuesday 29 December, 2009

Vedanta Resources

NOTIFICATION OF TRANSACTIONS

RNS Number : 7772E
Vedanta Resources PLC
29 December 2009
 



NOTIFICATION OF TRANSACTIONS OF DIRECTORS/PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND 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 DR 3.1.4R(1)(a) 


3. Name of person discharging managerial responsibilities/director


MR PRAMOD SURI 


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


N/A


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


ORDINARY SHARES OF 10 US CENTS EACH 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


PRAMOD SURI                    10,591


8 State the nature of the transaction


DISPOSAL OF ORDINARY SHARES OF VEDANTA RESOURCES PLC


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


N/A


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


N/A


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


2,591 SHARES SOLD


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


.0009%


13. Price per share or value of transaction


2,591 SHARES WERE SOLD AT £25.4187 PER SHARE 


14. Date and place of transaction


24 DECEMBER 2009, 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 


PRAMOD SURI                8,000                .0029%



16. Date issuer informed of transaction


29 DECEMBER 2009



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


N/A


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 DECEMBER 2009


END



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