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Vedanta Resources (VED)

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Tuesday 02 August, 2011

Vedanta Resources

Notification of Transactions of Directors

RNS Number : 6071L
Vedanta Resources PLC
02 August 2011
 



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

 

Tarun Jain

D.D.Jalan

M.Siddiqui

Pramod Suri

Agnivesh Agarwal

Kishore Kumar

P.K.Mukherjee

Dilip Golani

A. Thirunavukkarasu

J Jeyakumar

Akhilesh Joshi

Gunjan Gupta

Pratik Agarwal

Ankit Agarwal

Deepak Kumar

 


 

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

 

1 AUGUST 2011

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 173,750 ORDINARY SHARES IN VEDANTA RESOURCES PLC HAVE BEEN GRANTED AS FOLLOWS:

 

Tarun Jain

26,750

D.D.Jalan

14,000

M.Siddiqui

10,500

Pramod Suri

13,000

Agnivesh Agarwal

10,500

Kishore Kumar

13,000

P.K.Mukherjee

13,000

Dilip Golani

10,500

A. Thirunavukkarasu

10,500

J Jeyakumar

13,000

Akhilesh Joshi

13,000

Gunjan Gupta

10,500

Pratik Agarwal

6,000

Ankit Agarwal

3,500

Deepak Kumar

6,000



 

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 SHARE 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 2011, EACH OF THE PDMRS TO WHOM  AWARDS WERE GRANTED HOLDS AWARDS OVER THE NUMBER OF ORDIANRY SHARES  IN VEDANTA RESOURCES PLC SET OUT BELOW:

 

Tarun Jain

51,750

D.D.Jalan

27,500

M.Siddiqui

24,000

Pramod Suri

25,000

Agnivesh Agarwal

20,500

Kishore Kumar

25,000

P.K.Mukherjee

25,000

Dilip Golani

20,500

A. Thirunavukkarasu

17,513

J Jeyakumar

25,000

Akhilesh Joshi

23,000

Gunjan Gupta

20,500

Pratik Agarwal

11,000

Ankit Agarwal

6,500

Deepak Kumar

12,000

 

 

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

2 AUGSUT 2011

 

END


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