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Vedanta Resources (VED)

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Thursday 06 May, 2010

Vedanta Resources

Dividend Arrangements

RNS Number : 4235L
Vedanta Resources PLC
06 May 2010
 



Dividend Arrangements

 

Vedanta Resources plc ("Vedanta") announced a final dividend of US 27.5 cents per Ordinary Share on 6 May 2010 in respect of the twelve months ended 31 March 2010.  The dividend will be paid out in US dollars on 4 August 2010 to those shareholders on the Register on 09 July 2010.

 

Shareholders may elect to receive the dividend in UK pounds sterling if they wish.  The Board has determined that the exchange rate to be applied to convert the dividend into UK pounds will be £0.6576 to the US dollar, equating to 18.084 pence per Ordinary Share.  This exchange rate is based on the average exchange rate for the five business days prior to the announcement of the Company's final results on 6th May 2010.

 

Shareholders wishing to receive their dividends in UK pounds sterling should notify the Company's Registrars by 16 July 2010.  The Company's Registrars can also arrange for dividends to be paid direct into shareholders' UK bank accounts.  This arrangement will only be available in respect of dividends paid in UK pounds sterling.

 

The Company's Registrars are Computershare Investor Services PLC and can be contacted at The Pavilions, Bridgwater Road, Bristol BS99 6ZZ or on telephone number +44 (0) 870 707 1388.

 

 

For further information, please contact:

 

Deepak Kumar
Company Secretary

Vedanta Resources plc

www.vedantaresources.com


Tel: +44 20 7499 5900

 


Faeth Birch
Gordon Simpson

Finsbury Group

 


Tel: +44 207 251 3801

 

 


 


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