REG - Vedanta Res PLC - Grants of Awards

Wed Sep 26, 2012 7:59am EDT

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RNS Number : 2198N
Vedanta Resources PLC
26 September 2012
 



Annex DTR3

Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Connected Persons

All relevant boxes should be completed 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 DTR 3.1.2 R, (ii) a disclosure made in accordance with LR 9.8.6R(1) or (iii) a disclosure made in accordance with section 793 of the Companies Act (2006).

DTR 3.1.2R

 

3.

Name of person discharging managerial responsibilities/director

ANIL KUMAR AGARWAL

NAVIN AGARWAL

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

 

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

FOR PERSON NAMED IN 3

6.

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

ORDINARY SHARES OF USD 10 CENTS

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

GRANT OF AWARDS UNDER THE VEDANTA RESOURCES 2012 ESOP

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

24 SEPTEMBER 2012

18.

Period during which or date on which exercisable

AWARDS VEST (SUBJECT TO PERFORMANCE AND SERVICE) AS TO 50%, 30% AND 20% ON THE FIRST, SECOND AND THIRD ANNIVERSARIES OF GRANT, RESPECTIVELY.

19.

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

NIL

20.

Description of shares or debentures involved (class and number)

ANIL KUMAR AGAWAL 125,00 ORDINARY SHARES

NAVIN AGARWAL 85,000 ORDINARY SHARES

M S MEHTA 38,000 ORDINARY SHARES

21.

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

USD 10 CENTS

22.

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

ANIL KUMAR AGAWAL 198,500 ORDINARY SHARES

NAVIN AGARWAL 142,500 ORDINARY SHARES

M S MEHTA 59,000 ORDINARY SHARES

 

23.

Any additional information

 

24.

Name of contact and telephone number for queries

DEEPAK KUMAR

020 7499 5900

 

Name of authorised official of issuer responsible for making notification

Date of notification _________26.9.2012 __________________________________

 

Notes: This form is intended for use by an issuer to make a RIS notification required by DTR 3.1.4.

(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 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.

 

 


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