Rio Tinto plc
Director/PDMR Shareholding
6 November 2014
Rio Tinto Management Share Plan ("MSP")
The MSP is a service based award which provides participants with an award of shares which vests subject to continuous employment. At the time of vesting, participants 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 6 November 2014 that on 6 November 2014, Alfredo Barrios, a person discharging managerial responsibility ("PDMR") of the Company elected to receive his vested award, which was granted on 15 September 2014, in the form of shares of which sufficient were sold to pay applicable withholding tax and other deductions.
Conditional Award Granted |
No of Shares Vested |
No of Shares Sold |
Sale Price per Share |
No of Shares Retained |
5,278 |
5,278 |
2,700 |
£29.496 |
2, 578 |
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:
Vaughn Walton
Assistant Company Secretary
Rio Tinto plc
Tel: 020 7781 1345
Website: www.riotinto.com