Director/PDMR Shareholding

RNS Number : 0049J

Rio Tinto PLC

14 December 2015

 



 

Shareholdings of persons discharging managerial responsibility (PDMR) / Key Management Personnel (KMP) 

14 December 2015

Rio Tinto plc notifies the London Stock Exchange (LSE) of PDMR/KMP interests in securities of Rio Tinto plc, in compliance with the UK Financial Conduct Authority's Disclosure and Transparency Rule 3.1. As part of its dual listed company structure, Rio Tinto voluntarily notifies the Australian Securities Exchange (ASX) of material dealings in Rio Tinto plc shares by PDMR/KMP and both ASX and the London Stock Exchange (LSE) of material dealings by PDMR/KMP in Rio Tinto Limited securities.

Rio Tinto Bonus Deferral Plan ("BDP")

Under the terms of the BDP 50% of the annual bonuses of the participating executives are delivered in deferred ordinary shares of Rio Tinto plc or Rio Tinto Limited ("shares"), as applicable. The BDP Rights vest in December of the third year after the end of the performance year to which it relates.

On 11 December 2015 Rio Tinto plc was notified that on 11 December 2015, the following PDMR/KMP elected to receive their vested 2013 award in the form of shares, of which sufficient were sold to pay applicable withholding tax and other deductions.

Security	Name of PDMR/KMP	Conditional Award Granted	No: of dividend shares*	No: of Shares Vested	No: of Shares Sold	Price per Share GBP	No: of Shares Retained
Rio Tinto plc	Bague, Hugo	6,945	1,004	7,949	1,717	19.230017	6,232
Rio Tinto plc	Harding, Andrew	7,870	1,137	9,007	4,334	19.723910	4,673

On 14 December 2015 Rio Tinto Limited was notified that on 10 December 2015, the following PDMR/KMP elected to receive his vested 2013 award in the form of shares.

Security	Name of PDMR/KMP	Conditional Award Granted	No: of dividend shares*	No: of Shares Vested	No: of Shares Sold	Price per Share AUD	No: of Shares Retained
Rio Tinto Limited	Lilleyman, Gregory	2,094	275	2,369	0	-	2,369

*The number of shares vested includes additional shares calculated to reflect dividends declared during the vesting period on the original shares granted.

This announcement is made in compliance with the UK Financial Conduct Authority's Disclosure and Transparency Rule 3.1.

Vaughn Walton Assistant Company Secretary	Tim Paine Joint Company Secretary
Rio Tinto plc 6 St James's Square London SW1Y 4AD United Kingdom T [phone] Registered in England No. 719885	Rio Tinto Limited 120 Collins Street Melbourne 3000 Australia T [phone] Registered in Australia ABN 96 004 458 404

 

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