Rio Tinto plc
Director/PDMR Shareholding
19 February 2010
Rio Tinto Mining Companies Comparative Plan ("MCCP")
Rio Tinto Management Share Plan ("MSP")
The MCCP is a performance based share plan which provides participants with the conditional right, subject to performance conditions being met, to receive ordinary shares of 10p each ("Shares").
The MSP is a service based award granted in 2007 which provides participants with an award of shares which vests subject to continuous employment to 31 December 2009.
At the time of vesting, participants in these share plans can elect to receive their awards for nil consideration either as shares or as cash from the proceeds of a sale of shares.
Rio Tinto plc announces that, on 18 February 2010, Harry Kenyon-Slaney, a person discharging managerial responsibility ("PDMR") of the Company received awards under these share plans and elected to receive cash proceeds from sales of shares, as detailed below.
MCCP
Conditional Award Granted |
No of Shares Lapsed |
No of Shares Vested |
No of Shares Sold |
Sale Price per Share |
6,028 |
2,587 |
3,441 |
3,441 |
£33.4952 |
MSP
Conditional Award Granted |
Dividend Shares Entitlement |
No of Shares Vested |
No of Shares Sold |
Sale Price per Share |
3,026 |
136 |
3,162 |
3,162 |
£33.5052 |
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.
For further information, please contact:
Pat Sims
Office: +44 (0) 20 7781 1910
Website: www.riotinto.com