For further information, please contact rns@lseg.com or visit www.rns.com. Any news item (including any prospectus) which is addressed solely to the persons and countries specified therein should not be relied upon other than by such persons and/or outside the specified countries. London Stock Exchange plc is not responsible for and does not check content on this Website. This information is provided by RNS, the news service of the London Stock Exchange. Vedanta Resources is a public limited company incorporated in England. The document dated 3 August 2018 containing the Offer (the "Offer Document") is available on Vedanta Resources' website at http://www.vedantaresources.com/investor-relations/volcan-offer. $50/month and above (or $600/year and above) Invitation to exclusive chat with ICIJ staff about our latest major project after publication Accordingly, the Board of Vedanta Resources, who have recommended that Vedanta Resources Shareholders accept the Offer, urge shareholders to accept the Offer as soon as possible in accordance with the instructions set out in the Offer Document. Volcan Investments Ltd announces an investment in Anglo American plc . The Offer was made on 3 August 2018 for the remaining issued and to be issued share capital of Vedanta Resources not currently owned by Volcan Investments. Item 3 of the Schedule 13D is hereby amended and supplemented as follows: On December 24, 2020, Mauritius II purchased 185,000,000 Equity Shares for aggregate cash consideration of Rs. Neither Credit Suisse nor any of its subsidiaries, branches or affiliates owes or accepts any duty, liability or responsibility whatsoever (whether direct or indirect, whether in contract, in tort, under statute or otherwise) to any person who is not a client of Credit Suisse in connection with this announcement, any statement contained herein or otherwise. The release, publication or distribution of this announcement and the availability of the Offer in or into jurisdictions other than the United Kingdom may be affected by the laws and regulations of those jurisdictions. 15 March 2017. 159.941 per share, through a bulk deal on the BSE and National Stock Exchange of India (the “December 2020 Equity Share Purchase”). To the fullest extent permitted by applicable law, the companies and persons involved in the Offer disclaim any responsibility and liability for the violation of such restrictions by any person. Anglo traded at 11.70 pounds a share at 4:04 p.m. in London. Es uno de los mayores productores mundiales de zinc, plomo y plata. Any person (including, without limitation, nominees, trustees and custodians) who would, or otherwise intends to, forward this announcement, the Offer Document or any accompanying document to any jurisdiction outside the United Kingdom should refrain from doing so and seek appropriate professional advice before taking any action. of the existing issued share capital of Vedanta Resources. All fields are obligatory. in value and in voting rights of the Vedanta Shares to which the Offer relates. LONDON--Volcan Investments Ltd., the majority shareholder of Vedanta Resources PLC (VED.LN), said Wednesday that it intends to acquire 2 billion pounds ($2.43 billion) worth of shares in Anglo American PLC (AAL.LN), the South Africa based platinum producer and owner of diamond exploration company De Beers. Persons who are not resident in the United Kingdom, or who are subject to the laws of any jurisdiction other than the United Kingdom, should inform themselves about, and observe any applicable requirements. Vedanta Resources Shareholders validly accepting the Offer will receive the cash consideration to which they are entitled within 14 calendar days from the date of their acceptance. The businessman is proposing a price of Rs 87.5 ($1.16) per share to buy the 49.9% he doesn’t own of the company from minority investors, a 9.9% premium over Monday’s closing price, his holding company said in a statement Tuesday. In December 2018, CIHL purchased an economic interest in Anglo American through a structured investment by buying equity shares held by Volcan Investments for a … RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Further details in relation to Overseas Shareholders are contained in the Offer Document. The Offer is not made, directly or indirectly, in or into or by use of the mails or any other means or instrumentality (including, without limitation, telephonic or electronic) of interstate or foreign commerce of, or any facility of a national, state or other securities exchange of, a Restricted Jurisdiction, and no person may accept the Offer by any such use, means, instrumentality or facility or from within a Restricted Jurisdiction. CFA institute member: Yes . This announcement does not constitute a prospectus or prospectus equivalent document. : Get the latest Volcan stock price and detailed information including news, historical charts and realtime prices. Related Links. 15 March 2017 . Terms and conditions, including restrictions on use and distribution apply. Accordingly, copies of this announcement and the formal documentation relating to the Offer are not being, and must not be, directly or indirectly, mailed or otherwise forwarded or distributed in, into or from a Restricted Jurisdiction and persons receiving this announcement (including custodians, nominees and trustees) must not distribute or send it into or from a Restricted Jurisdiction. Further to the announcement released by Volcan Investments yesterday, 27 September 2018, Volcan Investments announces that it has sent out notices in respect of the Compulsory Acquisition to all Vedanta Resources Shareholders who had not accepted the Offer. In December 2018, CIHL had purchased an economic interest through a structured investment in equity shares of Anglo-American Plc from Volcan Investments for a total consideration of Rs 3,812 crore. The statements contained in this announcement are made as at the date of this announcement, unless some other time is specified in relation to them, and there shall be no implication that there has been no change in the facts set forth in this announcement since such date. Website users are responsible for checking content. Credit Suisse International ("Credit Suisse"), which is authorised by the PRA and regulated by the FCA and the PRA in the United Kingdom, is acting as financial adviser exclusively for Volcan Investments and no one else in connection with the matters set out in this announcement and will not be responsible to any person other than Volcan Investments for providing the protections afforded to clients of Credit Suisse, nor for providing advice in relation to the content of this announcement or any matter referred to herein. Vedanta Limited's overseas subsidiary Cairn India has exited Anglo American in which it had bought a stake last year from parent trust Volcan Investments for $200 million (Rs 1,431 crore), ahead of the planned schedule, Vedanta announced on Friday. Bahamas Leaks Entity: VOLCAN INVESTMENTS LIMITED. The bonds were issued in March and September 2017 and financed the $3.5 billion pound ($4.4 billion) investment. Words and expressions in this announcement have the same meanings as in the Offer Document and the announcement released by Volcan Investments yesterday, 27 September 2018, (as applicable). Important information for US shareholders. In December 2018, CIHL purchased an economic interest in Anglo American through a structured investment by buying equity shares held by Volcan Investments for a … The Offer is made solely by means of the Offer Document and, in respect of Vedanta Shares held in certificated form, the Form of Acceptance accompanying the Offer Document, which contains the full terms and conditions of the Offer including details of how to accept the Offer. US Vedanta Shareholders may not be able to sue a non-US company or its officers or directors in a non-US court for violations of the US securities laws. Volcan Investments has now received valid acceptances in respect of 90,290,486 Vedanta Shares, representing approximately 92.6 per cent. MUMBAI, India, July 26, 2019 /PRNewswire/ -- Cairn India Holdings Limited (CIHL), an overseas subsidiary of the Company, and Volcan Investments Limited have … Based on the target amount, that implies he bought the shares at an average price of 12.44 pounds per share. The present share price of Vedanta at Rs 130 is about 50 per cent higher compared to the indicative offer price of Rs 87.5 a share given by the promoter group on May 12. This announcement is for information purposes only and is not intended to and does not constitute, or form part of, an offer, invitation or the solicitation of an offer to purchase, otherwise acquire, subscribe for, sell or otherwise dispose of any securities, or the solicitation of any vote or approval in any jurisdiction, pursuant to the Offer or otherwise, nor shall there be any sale, issuance or transfer of securities of Vedanta Resources in any jurisdiction in contravention of applicable law. The "unwinding of the structured investment" has come as share prices of Anglo American have doubled since the investment was … © 2021 London Stock Exchange plc. 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