Rio Tinto plc
5 January 2009
Rio Tinto Share Savings Plan ('SSP')
The SSP is a savings-related share option plan which is open to employees in the UK and elsewhere. Under the plan, participants can save up to £250 per month, or equivalent in local currency, for a maximum of five years. At the end of the savings period participants may exercise an option over shares granted at a discount of up to 20 per cent to the market value at the time of grant. The number of options to which participants are entitled is determined by the option price, the savings amount and the length of the savings contract.
Rio Tinto plc announces that, on 5 January 2009 in London, the following person discharging managerial responsibility ('PDMR') of the Company exercised options over ordinary shares, as detailed in the table below:
|
No of Shares Acquired |
Price per Share |
Total Ordinary Shares Held |
Percentage of Issued Share Capital |
Preston Chiaro |
298 |
£20.88 |
65,147 |
0.006526% |
The above PDMR also has an interest in 1,703 shares as a potential beneficiary of the Rio Tinto Employee Share Ownership Trust.
This announcement is made in accordance with the requirements of the Financial Services Authority Disclosure and Transparency Rules 3.1.2 to 3.1.4.
Enquiries: |
Matthew Whyte Assistant Secretary Rio Tinto plc Tel: 020 7781 1629 |