Director/PDMR Shareholding

RNS Number : 4380X
Rio Tinto PLC
29 April 2019
 

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

 

Dividend Reinvestment

 

29 April 2019

 

Rio Tinto notifies the London Stock Exchange (LSE) of PDMR/KMP interests in securities of Rio Tinto plc, in compliance with the EU Market Abuse Regulation. 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 the ASX and the LSE of material dealings by PDMR/KMP in Rio Tinto Limited securities.

 

Vested Share Account (VSA)

 

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

 

On 26 April 2019 the following PDMRs/KMP acquired shares in Rio Tinto plc by way of reinvestment of dividends received on shares held in a VSA.

 

Security

Name of PDMR/KMP

Number of Shares Acquired

Price per Share

GBP

Rio Tinto plc shares

Baatar, Bold

1,515.28714

46.12795

Rio Tinto plc shares

Barrios, Alfredo

1,720.61189

46.12795

Rio Tinto plc shares

Jacques, Jean-Sébastien

7.46751

46.12795

 

On 29 April 2019 the following PDMRs/KMP acquired shares in Rio Tinto Limited by way of reinvestment of dividends received on shares held in a VSA.

 

Security

Name of PDMR/KMP

Number of Shares Acquired

Price per Share

AUD

Rio Tinto Limited shares

Salisbury, Christopher

493.08495

99.11000

Rio Tinto Limited shares

Soirat, Arnaud

1,703.61154

99.11000

Rio Tinto Limited shares

Trott, Simon

0.0692

99.11000

 

UK Share Plan (UKSP)

 

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. Rio Tinto plc shares are purchased out of monthly deductions from salary, and participants 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 dividend reinvestment whereby cash dividends are used to buy Rio Tinto plc shares in the market.

 

On 26 April 2019 the following PDMRs/KMP acquired shares in Rio Tinto plc by way of reinvestment of dividends received on shares held in a UKSP.

 

Security

Name of PDMR/KMP

Number of Shares Acquired

Price per Share

GBP

Rio Tinto plc shares

Baatar, Bold

7

46.12795

Rio Tinto plc shares

Jacques, Jean-Sébastien

123

46.12795

Rio Tinto plc shares

Soirat, Arnaud

10

46.12795

 

Global Employee Share Plan (myShare)

 

Under myShare employees are able to purchase, on a quarterly basis, Rio Tinto plc ordinary shares of 10p each, Rio Tinto plc ADRs or Rio Tinto Limited ordinary shares ('Shares'). Shares are purchased out of monthly deductions from salary and participants are allocated an equivalent number of shares or ADRs free of charge ('matching shares' and 'matching ADRs'), conditional upon satisfying the terms of myShare. The matching shares or matching ADRs are subject to a three year holding period, and vest after this period.

 

Rio Tinto Shares held in myShare are subject to dividend reinvestment whereby cash dividends are used to buy Shares in the market under the terms of myShare. 

 

On 26 April 2019 the following PDMRs/KMP acquired Rio Tinto plc shares by way of reinvestment of dividends received on shares held in myShare.

 

Security

Name of PDMR/KMP

Number of Shares Acquired

Price per Share

GBP

Rio Tinto plc shares

Baatar, Bold

17.19

46.12795

Rio Tinto plc shares

Barrios, Alfredo

38.9007

46.12795

Rio Tinto plc shares

Jacques, Jean-Sébastien

32.2067

46.12795

Rio Tinto plc shares

Trott, Simon

6.8557

46.12795

 

On 29 April 2019 the following PDMRs/KMP acquired Rio Tinto Limited shares by way of reinvestment of  dividends received on shares held in myShare.

 

Security

Name of PDMR/KMP

Number of Shares Acquired

Price per Share

AUD

Rio Tinto Limited shares

Trott, Simon

55.454

99.11000

 

 

FCA notifications in accordance with the EU Market Abuse Regulation have been issued to the London Stock Exchange contemporaneously with this release.

 

LEI: 213800YOEO5OQ72G2R82
Classification: 2.2. Inside information disclosed under article 19 of the Market Abuse Regulation

 

Steve Allen

Group Company Secretary                                

 

Tim Paine

Joint Company Secretary

Rio Tinto plc

6 St James's Square

London

SW1Y 4AD

 

T +44 20 7781 2058

Registered in England

No. 719885

Rio Tinto Limited

Level 7, 360 Collins Street

Melbourne 3000

Australia

 

T +61 3 9283 3333

Registered in Australia

ABN 96 004 458 404

 


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