Rio Tinto plc
Director/PDMR Shareholding
5 October 2010
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 5 October 2010 in London, the following persons discharging managerial responsibility ("PDMR") of the Company was 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 |
189 |
£31.66 |
1 January 2013 |
6 January 2013 |
Debra Valentine |
189 |
£31.66 |
1 January 2013 |
6 January 2013 |
Enquiries: |
Pat Sims Rio Tinto plc Tel: 020 7781 1910 |