Vedanta Resources to list 220,000 new shares on LSE

Vedanta Resources to list 220,000 new shares on LSE

Vedanta Resources plc said it has made an application to the London Stock Exchange for the block listing of 220,000 ordinary shares of USD ten cents each.

The company said in a statement that the new ordinary shares will be issued from time to time pursuant to the exercise of employee share options under the Vedanta Performance Share Plan (PSP).

On exercise these shares will be issued credited as fully paid and will rank pari passu in all respects with the existing ordinary shares of the Company. The expected date of Admission of these securities to The Official List is 20 November 2017.