Director/PDMR Shareholding

RNS Number : 2284X
Rio Tinto PLC
08 August 2018
 

 

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

 

8 August 2018

 

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 Regulation. As part of its dual listed company structure, Rio Tinto also voluntarily notifies the Australian Securities Exchange (ASX) of material dealings in Rio Tinto plc shares by PDMR/KMP and both the ASX and LSE of material dealings by PDMR/KMP in Rio Tinto Limited securities.

 

Rio Tinto Share Option Plan (SOP)

The SOP is a discretionary share option plan under which eligible employees are granted an option to purchase a number of Rio Tinto plc or Rio Tinto Limited shares as applicable, at a future date and at a price set at the date of grant. This is provided certain performance conditions are met, in accordance with the terms of the SOP.

 

On 7 August 2018, the following PDMR/KMP exercised his options over shares and sold a proportion of the shares to fund the tax and social security liabilities arising on exercise.

Security

Name of PDMR / KMP

No. of Options Exercised

Exercise Price per Share

AUD

No. of Shares Sold

Sale Price per Share AUD

 

No. of Shares Retained

Rio Tinto Limited shares

Salisbury, Christopher   

 

3335

33.45

2397

76.175469

938

 

 

Steve Allen

Group Company Secretary                                

 

Tim Paine

Joint Company Secretary

Rio Tinto plc

6 St James's Square

London SW1Y 4AD

United Kingdom

 

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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