Rio Tinto plc
Director/PDMR Shareholding
31 December 2010
Rio Tinto 2008 Bonus Deferral Plan ("BDP")
In 2009, the Remuneration committee made the decision to defer the cash bonuses for senior executives. All bonus deferrals were in Rio Tinto shares valued on the date of grant.
Rio Tinto plc announces that, on 30 December 2010, Debra Valentine, a person discharging managerial responsibility ("PDMR") of the Company received her vested award. The award was satisfied by the payment of a cash amount equal to the market value of the shares under award. At the request of the PDMR, the cash amount was paid into a US deferred pension plan after applicable withholding tax and other deductions.
No of Shares Vested |
Cash Amount Transferred |
3,226 |
£135,975.90 |
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:
Pat Sims
Office: +44 (0) 20 7781 1910
Website: www.riotinto.com