Rio Tinto plc
Director/PDMR Shareholding
6 December 2013
Rio Tinto Bonus Deferral Plan ("BDP")
In 2011 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.
Today, Rio Tinto plc was notified that on 6 December 2013, Hugo Bague, a person discharging managerial responsibility ("PDMR") of the Company elected to receive his vested award of which sufficient shares were sold to pay applicable withholding tax and other deductions.
No of Shares Granted |
Dividend Share Entitlement |
No of Shares Vested |
No of Shares Sold |
Sale Price per Share |
No of Shares Retained |
6,380 |
503 |
6,883 |
2,400 |
£33.012 |
4,483 |
Rio Tinto Share Option Plan ("SOP")
The SOP is a discretionary share option plan under which eligible employees are granted an option to purchase a number of Rio Tinto plc ordinary shares of 10p each in the future at a price set at the date of grant provided certain performance conditions are met.
Today, Rio Tinto plc was notified that on 6 December 2013, Guy Elliott, a PDMR, exercised options over ordinary shares.
No of Shares Acquired |
Purchase Price per Share |
No of Shares Sold |
Sale Price per Share |
No of Shares Retained |
20,000 |
£10.979 |
20,000 |
£33.03 |
0 |
This announcement is made in accordance with the requirements of the Financial Conduct Authority Disclosure and Transparency Rules 3.1.2 to 3.1.4.
For further information, please contact:
Enquiries:
Vaughn Walton
Assistant Company Secretary
Rio Tinto plc
Tel: 020 7781 1345
Website: www.riotinto.com