Rio Tinto plc
Director/PDMR Shareholding
28 February 2014
Rio Tinto Performance Share Plan ("PSP")
The PSP 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 the 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 was notified on 27 February 2014 that on 27 February 2014, Hugo Bague, a person discharging managerial responsibility ("PDMR") of the Company, received his vested 2010 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 |
31,531 |
7,883 |
23,648 |
8,393 |
£34.0221 |
15,255 |
For further information, please contact:
Enquiries:
Vaughn Walton
Assistant Company Secretary
Rio Tinto plc
Tel: 020 7781 1345
Website: www.riotinto.com