Director/PDMR Shareholding

RNS Number : 2574G

Rio Tinto PLC

20 October 2008

 



Rio Tinto plc

20 October 2008

Rio Tinto Share Savings Plan ('SSP')

The SSP is a savings-related share option plan which is open to employees in the UK and elsewhere. Under the plan, participants can save up to £250 per month, or equivalent in local currency, for a maximum of five years. At the end of the savings period participants may exercise an option over shares granted at a discount of up to 20 per cent to the market value at the time of grant. The number of options to which participants are entitled is determined by the option price, the savings amount and the length of the savings contract. No consideration is paid or payable by the participant on receipt of the options.

Rio Tinto plc announces that, on 17 October 2008 in London, the following persons discharging managerial responsibility ('PDMRs') of the Company were each granted options over ordinary shares, as detailed in the table below:

	No of Options Granted	Price per Share	Date from which first exercisable	Expiry Date
Preston Chiaro	304	£20.50	1 January 2011	1 April 2011
Guy Elliott	520	£32.17	1 January 2014	1 July 2014

As a result, the total numbers of Rio Tinto plc shares over which options or conditional awards are held following notification are:

	Rio Tinto Share Savings Plan	Rio Tinto Share Option Plan	Total Share Options	Rio Tinto Mining Companies Comparative Plan	Total Conditional Share Awards
Preston Chiaro	602	290,324	290,926	121,781	121,781
Guy Elliott	1,951	444,417	446,368	148,140	148,140

This announcement is made in accordance with the requirements of the Financial Services Authority Disclosure and Transparency Rules 3.1.2 to 3.1.4.

Enquiries:

Gemma Aldridge Assistant Secretary Rio Tinto plc Tel: [phone]

 

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