Director/PDMR Shareholding

RNS Number : 6226C

Rio Tinto PLC

18 March 2014

 



Rio Tinto plc

Director/PDMR Shareholding

18 March 2014

Rio Tinto Bonus Deferral Plan ("BDP")

Rio Tinto Performance Share Plan ("PSP")

On 17 March 2014 the Remuneration committee approved a 50% bonus deferral for members of the Executive committee under the BDP.  All bonus deferrals are in Rio Tinto plc shares of 10p each ("ordinary shares") valued using the five day average price of shares between 10 and 14 March 2014 which vest on the basis of service at 1 December 2016.

The PSP is a performance share plan which provides participants with the conditional right, subject to performance conditions being met, to receive ordinary shares.

Rio Tinto plc announces that, on 17 March 2014, the following Persons Discharging Managerial Responsibility (PDMRs) were awarded the following:

PDMR	No of shares awarded under BDP	No of shares awarded under PSP
Hugo Bague	9,669	61,607
Jacynthe Côté	9,036	74,752
Andrew Harding	11,776	76,539
Jean-Sébastien Jacques	8,259	70,057
Harry Kenyon-Slaney	9,217	66,798
Christopher Lynch	14,479	104,312
Debra Valentine	8,153	55,522

Awards under the PSP are subject to performance conditions.  The awards granted in 2014 will be measured against the performance conditions after five years (at the end of 2018).

This announcement is made in accordance with the requirements of the Financial Conduct Authority's 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: [phone]

Website: www.riotinto.com

 

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