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Vedanta Resources Plc (VED) USD 0.10

Sell:827.60p Buy:829.00p 0 Change: 0.60p (0.07%)
Market closed Prices as at close on 25 September 2018 Prices delayed by at least 15 minutes | Switch to live prices |
Takeover

Vedanta Resources Plc USD 0.10

Type:
Takeover
Shareholder action required:
Yes
Status:
Update Pending
Details (last updated 17 Sep 2018)

What is happening?

 

The Independent Directors of Vedanta Resources plc and the Board of Directors of Volcan Investments Ltd have announced the terms of a Recommended Cash Offer to be made by Volcan Investments Ltd for the entire issued Share Capital of Vedanta Resources plc. This Offer has now been extended until further notice and as a holder of Vedanta Resources plc Shares in your Hargreaves Lansdown Account you need to decide whether you wish to accept the Offer or not.

 

What are my choices?

 

Option 1 - Accept the Offer in USD with HL converting into GBP. Under the terms of this Offer Vedanta Resources plc Shareholders have been offered USD10.89 in cash for each Share held. Proceeds received in USD will be converted to Sterling by Hargreaves Lansdown upon receipt, subject to the prevailing exchange rate at that time and our standard currency fees.

 

Option 2 – Accept the Offer directly in GBP. Under the terms of this Offer Vedanta Resources plc Shareholders have been offered USD10.89 in cash for each Share held. Proceeds will be converted to Sterling by the Agent for the Offer. The conversion will be done within 2 business days before the date of settlement and will be subject to any costs involved with the conversion.

 

The only difference between Option 1 and 2 is the party carrying out the Exchange Rate Conversion. As the Agent Costs outlined in Option 2 have not been specified we are unable to state which option would result in the more favourable sterling rate.

 

Option 3 - The alternative is to do nothing. If you do not wish to participate in this Offer you are not required to take any action at this time.

 

Full details of this event have been sent to Qualifying Hargreaves Lansdown Clients by either post or secure message. Please note that any instruction you give must be based on the full details provided in the letter and not on the summary information outlined above.

 

 

×
Sell:827.60p
Buy:829.00p
Change: 0.60p (0.07%)
Deal now Deal for just £11.95 per trade in a ISA, Lifetime ISA, SIPP or Fund & Share Account
Market closed Prices as at close on 25 September 2018 Prices delayed by at least 15 minutes | Switch to live prices |
Takeover

Vedanta Resources Plc USD 0.10

Type:
Takeover
Shareholder action required:
Yes
Status:
Update Pending
Details (last updated 17 Sep 2018)

What is happening?

 

The Independent Directors of Vedanta Resources plc and the Board of Directors of Volcan Investments Ltd have announced the terms of a Recommended Cash Offer to be made by Volcan Investments Ltd for the entire issued Share Capital of Vedanta Resources plc. This Offer has now been extended until further notice and as a holder of Vedanta Resources plc Shares in your Hargreaves Lansdown Account you need to decide whether you wish to accept the Offer or not.

 

What are my choices?

 

Option 1 - Accept the Offer in USD with HL converting into GBP. Under the terms of this Offer Vedanta Resources plc Shareholders have been offered USD10.89 in cash for each Share held. Proceeds received in USD will be converted to Sterling by Hargreaves Lansdown upon receipt, subject to the prevailing exchange rate at that time and our standard currency fees.

 

Option 2 – Accept the Offer directly in GBP. Under the terms of this Offer Vedanta Resources plc Shareholders have been offered USD10.89 in cash for each Share held. Proceeds will be converted to Sterling by the Agent for the Offer. The conversion will be done within 2 business days before the date of settlement and will be subject to any costs involved with the conversion.

 

The only difference between Option 1 and 2 is the party carrying out the Exchange Rate Conversion. As the Agent Costs outlined in Option 2 have not been specified we are unable to state which option would result in the more favourable sterling rate.

 

Option 3 - The alternative is to do nothing. If you do not wish to participate in this Offer you are not required to take any action at this time.

 

Full details of this event have been sent to Qualifying Hargreaves Lansdown Clients by either post or secure message. Please note that any instruction you give must be based on the full details provided in the letter and not on the summary information outlined above.

 

 

×
Sell:827.60p
Buy:829.00p
Change: 0.60p (0.07%)
Market closed Prices as at close on 25 September 2018 Prices delayed by at least 15 minutes | Switch to live prices |
Takeover

Vedanta Resources Plc USD 0.10

Type:
Takeover
Shareholder action required:
Yes
Status:
Update Pending
Details (last updated 17 Sep 2018)

What is happening?

 

The Independent Directors of Vedanta Resources plc and the Board of Directors of Volcan Investments Ltd have announced the terms of a Recommended Cash Offer to be made by Volcan Investments Ltd for the entire issued Share Capital of Vedanta Resources plc. This Offer has now been extended until further notice and as a holder of Vedanta Resources plc Shares in your Hargreaves Lansdown Account you need to decide whether you wish to accept the Offer or not.

 

What are my choices?

 

Option 1 - Accept the Offer in USD with HL converting into GBP. Under the terms of this Offer Vedanta Resources plc Shareholders have been offered USD10.89 in cash for each Share held. Proceeds received in USD will be converted to Sterling by Hargreaves Lansdown upon receipt, subject to the prevailing exchange rate at that time and our standard currency fees.

 

Option 2 – Accept the Offer directly in GBP. Under the terms of this Offer Vedanta Resources plc Shareholders have been offered USD10.89 in cash for each Share held. Proceeds will be converted to Sterling by the Agent for the Offer. The conversion will be done within 2 business days before the date of settlement and will be subject to any costs involved with the conversion.

 

The only difference between Option 1 and 2 is the party carrying out the Exchange Rate Conversion. As the Agent Costs outlined in Option 2 have not been specified we are unable to state which option would result in the more favourable sterling rate.

 

Option 3 - The alternative is to do nothing. If you do not wish to participate in this Offer you are not required to take any action at this time.

 

Full details of this event have been sent to Qualifying Hargreaves Lansdown Clients by either post or secure message. Please note that any instruction you give must be based on the full details provided in the letter and not on the summary information outlined above.

 

 

×
Deal now Deal for just £11.95 per trade in a ISA, Lifetime ISA, SIPP or Fund & Share Account
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.
Open:
825.20p
Trade high:
832.00p
Year high:
981.80p
Market capitalisation
Market cap.
:
£2.27 bn
Previous close:
829.60p
Trade low:
825.20p
Year low:
624.60p
P/E ratio:
18.60
Previous:
0.20p (0.02%)
Previous:
0.20p
Volume:
38,416
Dividend yield:
5.83%
EMS:
2,000
Data delayed by at least 15 minutes.

Performance

Not available for this stock.

Fundamental data

Year ending: 31/03/2018 31/03/2017
Revenue ($m) 15,358.70 11,520.10
Profit before tax ($m) 2,482.10 1,379.90
Adjusted EPS (¢): 58.50 12.60
P/E ratio 15.80 84.30
PEG n/a n/a
EPS growth (%) 364.00 n/a

Values are quoted in the stock's local currency: US dollar

All fundamental data

Recent dividends paid or declared by Vedanta Resources Plc:

Type Ex-div date Payment date Amount
Final 19/07/2018 22/08/2018 41.00¢
Interim 23/11/2017 14/12/2017 24.00¢
Final 20/07/2017 23/08/2017 35.00¢
Interim 17/11/2016 15/12/2016 20.00¢
Final 07/07/2016 12/08/2016 30.00¢

This data is provided by Digital Look. HL accepts no responsibility for its accuracy and you should independently check data before making any investment decision.

Full dividend history

Five years' total annual Vedanta Resources Plc dividends:

Financial
year end
Dividend
yield
Dividend
cover
Total dividend
paid
31/03/2018 7.00% 0.90 $0.65
31/03/2017 5.20% 0.23 $0.55
31/03/2016 6.70% -4.40 $0.30
31/03/2015 9.60% -0.23 $0.63
31/03/2014 5.20% 0.24 $0.61

All dividend data is calculated excluding any special dividends. Historical dividends may be adjusted to reflect any subsequent rights issues and corporate actions.

Full dividend history

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Important Documents

There are no documents available for this stock.

Broker forecasts

Breakdown
Consensus
Today
Forecast today
Forecast 3 months ago
3 months ago
Broker forecast thermometer
Consensus
Today
Forecast today
Forecast 3 months ago
3 months ago
Broker forecast thermometer
  • Strong Sell
    (0 of 3)
  • Sell
    (1 of 3)
  • Neutral
    (1 of 3)
  • Buy
    (0 of 3)
  • Strong Buy
    (1 of 3)

This is not a recommendation, it represents the consensus view of a basket of brokers. If fewer than 5 brokers it may not be a valid consensus. HL might not concur and takes no responsibility.

Full broker forecasts
Time / date Time Buy / sell Type Volume Price Value
×

The London Stock Exchange does not disclose whether a trade is a buy or a sell so this data is estimated based on the trade price received and the LSE-quoted mid-price at the point the trade is placed. It should only be considered an indication and not a recommendation.

Trades priced above the mid-price at the time the trade is placed are labelled as a buy; those priced below the mid-price are sells; and those priced close to the mid-price or declared late are labelled ‘N/A’.

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Prices provided by NBTrader. Charts provided by Factset. 'Broker forecast' and 'Recent trades' provided by MoneyAM. News and fundamental data provided by Digital Look.
Deal now Deal for just £11.95 per trade in a ISA, Lifetime ISA, SIPP or Fund & Share Account

The London Stock Exchange does not disclose whether a trade is a buy or a sell so this data is estimated based on the trade price received and the LSE-quoted mid-price at the point the trade is placed. It should only be considered an indication and not a recommendation.

Trades priced above the mid-price at the time the trade is placed are labelled as a buy; those priced below the mid-price are sells; and those priced close to the mid-price or declared late are labelled 'N/A'.