Director/PDMR Shareholding
Rio Tinto plc
Director/PDMR Shareholding
15 February 2011
Rio Tinto Mining Companies Comparative Plan ("MCCP")
The MCCP is a performance based share plan which provides participants with the conditional right, subject to performance conditions being met, to receive ordinary shares of 10p each ("shares"). At the time of vesting, participants in this share plan can elect to receive their awards for nil consideration either as shares or as cash from the proceeds of a sale of shares.
Rio Tinto plc announces that, on 14 February 2011, Bret Kenneth Clayton, a person discharging managerial responsibility ("PDMR") of the Company, elected to receive his vested award in the form of shares of which sufficient was sold to pay applicable withholding tax and other deductions.
|
Conditional Award Granted |
No of Shares Lapsed |
No of Shares Vested |
No of Shares Sold |
Sale Price per Share |
No of Shares Retained |
|
27,316 |
17,373 |
9,943 |
9,943 |
£46.380 |
0 |
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.
For further information, please contact:
Secretarial Department
Pat Sims
Office: +44 (0) 20 7781 1910
Website: www.riotinto.com
This information is provided by RNS