Director/PDMR Shareholding

RNS Number : 6480P

Rio Tinto PLC

05 October 2011

 



Rio Tinto plc

Director/PDMR Shareholding

5 October 2011

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.  No consideration is paid or payable by the participant on receipt of the options.

Rio Tinto plc announces that, on 4 October 2011 in London, the following persons discharging managerial responsibility ("PDMR") of the Company were granted options over ordinary shares, as detailed in the table below:

	No of Options Granted	Price per Share	Date from which first exercisable	Expiry Date
Tom Albanese	531	£28.63	1 January 2017	1 July 2017
Hugo Bague	425	£28.63	1 January 2017	1 July 2017
Preston Chiaro	243	£24.58	1 January 2014	5 January 2014

Enquiries:

Pat Sims Rio Tinto plc Tel:  [phone]

 

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