Director/PDMR Shareholding

RNS Number : 9883I

Rio Tinto PLC

22 March 2010

 



Rio Tinto plc

22 March 2010

Rio Tinto Share Option Plan ("SOP")

Rio Tinto Mining Companies Comparative Plan ("MCCP")

The SOP is a discretionary share option plan under which eligible employees are granted an option to purchase a number of Rio Tinto plc shares in the future at a price set at the date of grant provided certain performance conditions are met.

The MCCP is a performance share plan which provides participants with the conditional right, subject to performance conditions being met, to receive shares in the Company of 10p each ("ordinary shares").

The following options granted to PDMRs on 13 March 2007 lapsed in accordance with the rules of the SOP.

	No of options granted under SOP
Tom Albanese	80,117
Preston Chiaro	46,627
Bret Clayton	40,975
Guy Elliott	53,324
Harry Kenyon-Slaney	9,103

Rio Tinto plc announces that, on 22 March 2010, the following persons discharging managerial responsibility ("PDMRs") of the Company were each granted options over ordinary shares at a price of £37.05 per share under the SOP.  In addition, these PDMRs were each granted awards over ordinary shares under the MCCP , as detailed below.

	No of options granted under SOP	No of shares awarded under MCCP
Tom Albanese	119,230	79,486
Hugo Bague	47,297	31,531
Preston Chiaro	60,838	40,559
Jacynthe Côté	69,230	46,153
Bret Clayton	58,740	39,160
Guy Elliott	88,749	59,166
Harry Kenyon-Slaney	47,297	31,531
Debra Valentine	47,831	31,887

Subject to the satisfaction of certain performance conditions, the period during which the SOP options granted in 2010, as above, may be exercised is 22 March 2013 and 22 March 2020.  Awards under the MCCP are subject to performance conditions for which the performance period ends on 31 December 2013.

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: [phone]

Website: www.riotinto.com

 

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