Director/PDMR Shareholding

RNS Number : 9113T
Rio Tinto PLC
05 October 2010
 



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

                       

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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