Director/PDMR Shareholding

RNS Number : 0034L

Rio Tinto PLC

27 September 2016

 

 

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

Dividend Reinvestment

 

27 September 2016

Rio Tinto plc notifies the London Stock Exchange (LSE) of PDMR/KMP interests in securities of Rio Tinto plc, in compliance with the EU Market Abuse Regime Article 19 (3). 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 Employee Vested Share Account (VSA) dividend reinvestment plan

Rio Tinto plc ordinary shares of 10p each (shares) and Rio Tinto Limited ordinary shares (shares) held in a VSA are subject to a dividend reinvestment plan whereby cash dividends are used to buy Rio Tinto plc or Rio Tinto Limited shares in the market.

On 22 September 2016 the following PDMR/KMP acquired shares in Rio Tinto plc under a dividend reinvestment plan, on shares held in a VSA.

Security	Name of PDMR/KMP	Number of Shares Acquired	Price per Share GBP
Rio Tinto plc shares	Barrios, Alfredo	37.87866	25.11258
Rio Tinto plc shares	Jacques, Jean-Sébastien	196.74804	25.11258
Rio Tinto plc shares	Valentine, Debra	958.75298	25.11258

On 26 September 2016 the following PDMR/KMP acquired shares in Rio Tinto Limited under a dividend reinvestment plan, on shares held in a VSA.

Security	Name of PDMR/KMP	Number of Shares Acquired	Price per Share AUD
Rio Tinto Limited shares	Davies, Alan	88.10966	49.97
Rio Tinto Limited shares	McIntosh, Stephen	11.80808	49.97
Rio Tinto Limited shares	Soirat, Arnaud	58.71662	49.97

These were non-discretionary transactions.

UK Share Plan (UKSP) dividend reinvestment plan

The UKSP is an HMRC approved Share Incentive Plan under which qualifying UK employees are able to purchase on a quarterly basis Rio Tinto plc shares out of monthly deductions from salary and are allocated an equivalent number of shares free of charge (UKSP matching shares).  Qualifying UK employees are also awarded Free shares once a year. Rio Tinto plc shares held in the UKSP are subject to a dividend reinvestment plan whereby cash dividends are used to buy Rio Tinto plc shares in the market.

On 22 September 2016 the following PDMR/KMP acquired shares in Rio Tinto plc under a dividend reinvestment plan, on shares held in a UKSP. These were non-discretionary transactions.

Security	Name of PDMR/KMP	Number of Shares Acquired	Price per Share GBP
Rio Tinto plc shares	Bague, Hugo	9	25.11258
Rio Tinto plc shares	Davies, Alan	4	25.11258
Rio Tinto plc shares	Jacques, Jean-Sébastien	16	25.11258
Rio Tinto plc shares	Lynch, Christopher	5	25.11258
Rio Tinto plc shares	McIntosh, Stephen	10	25.11258

Global Employee Share Plan (GESP) dividend reinvestment plan

Under the GESP employees are able to purchase on a quarterly basis Rio Tinto plc shares, Rio Tinto ADRs or Rio Tinto Limited shares, out of monthly deductions from salary and are allocated an equivalent number of shares or ADRs free of charge (GESP matching shares), which are conditional upon satisfying the terms of the GESP.

Rio Tinto plc shares and ADRs, and Rio Tinto Limited shares, held in the GESP are subject to a dividend reinvestment plan whereby cash dividends are used to buy Rio Tinto plc shares and ADRs and Rio Tinto Limited shares in the market under the terms of the GESP. 

On 22 September 2016 the following PDMR/KMP acquired Rio Tinto plc shares under a dividend reinvestment plan, on shares held in the GESP.

Security	Name of PDMR/KMP	Number of Shares Acquired	Price per Share GBP
Rio Tinto plc shares	Bague, Hugo	5.007	25.11258
Rio Tinto plc shares	Barrios, Alfredo	2.8686	25.11258
Rio Tinto plc shares	Davies, Alan	1.1018	25.11258
Rio Tinto plc shares	Jacques, Jean-Sébastien	3.0634	25.11258

On 26 September 2016 the following PDMR/KMP acquired Rio Tinto plc shares under a dividend reinvestment plan, on shares held in the GESP.

Security	Name of PDMR/KMP	Number of Shares Acquired	Price per Share AUD
Rio Tinto Limited shares	Davies, Alan	2.833	49.97
Rio Tinto Limited shares	Farrell, Joanne	3.5861	49.97
Rio Tinto Limited shares	McIntosh, Stephen	4.9311	49.97

On 26 September 2016 the following PDMR/KMP acquired Rio Tinto plc shares under a dividend reinvestment plan, on shares held in the GESP.

Security	Name of PDMR/KMP	Number of ADRs Acquired	Price per Unit USD
Rio Tinto plc ADRs	Valentine, Debra	6.831	32.3348

These were non-discretionary transactions.

Rio Tinto plc and Rio Tinto Limited dividend reinvestment plans

Rio Tinto plc and Rio Tinto Limited offer a dividend reinvestment plan that gives shareholders the opportunity to use their cash dividends to buy Rio Tinto plc or Rio Tinto Limited shares respectively, in the market.

On 22 September 2016 the following PDMR/KMP acquired shares in Rio Tinto plc under the Rio Tinto plc dividend reinvestment plan.

Security	Name of PDMR/KMP	Number of Shares Acquired	Price per Share GBP
Rio Tinto plc shares	Farrell, Joanne	37	25.11258

On 22 September 2016 the following PDMR/KMP acquired shares in Rio Tinto Limited under the Rio Tinto Limited dividend reinvestment plan. 

Security	Name of PDMR/KMP	Number of Shares Acquired	Price per Share AUD
Rio Tinto Limited shares	Farrell, Joanne	260	49.196092

These were non-discretionary transactions.

Further to the announcement by the Company on 21 April 2016, under RNS No. 9853V, the Company wishes to notify that due to an administrative error, the following details in relation to shares acquired by Debra Valentine under the Global Employee Share Plan (GESP) on 18 April 2016 were omitted

Security	Name of PDMR/KMP	Number of Shares Acquired	Matching shares	Price per Share USD
Rio Tinto plc ADRs	Valentine, Debra	39.4639	39.4639	31.6238

This was a non-discretionary transaction.

Save as disclosed above, all other details of that announcement remain unchanged.

An FCA notification in accordance with the EU Market Abuse Regime has been issued to the London Stock Exchange contemporaneously with this release.

Victoria Hames Acting 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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