Director/PDMR Shareholding

RNS Number : 9144C
Rio Tinto PLC
14 March 2011
 



Rio Tinto plc

Director/PDMR Shareholding

14 March 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 11 March 2011, Guy Elliott, a person discharging managerial responsibility of the Company, received his vested award in the form of shares of which sufficient were 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

37,328

23,741

13,587

7,097

£39.533

6,490

 

 

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
The company news service from the London Stock Exchange
 
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Rio Tinto (RIO)
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