Director/PDMR Shareholding

RNS Number : 3676I

Rio Tinto PLC

10 March 2010

 



Rio Tinto plc

Director/PDMR Shareholding

10 March 2010

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 ordinary shares of 10p each in the future at a price set at the date of grant provided certain performance conditions are met.

On 10 March 2010, Rio Tinto plc was notified that Tom Albanese, a person discharging managerial responsibility ("PDMR"), exercised options over ordinary shares.

No of Shares Acquired	Purchase Price per Share	No of Shares Sold	Sale Price per Share	Date of Trade	No of Shares Retained
93,500	£10.455	93,500	£36.30	3 Mar 2010	0
30,840	£10.455	15,688	£36.85	9 Mar 2010	15,152
151,719	£12.050	81,791	£36.85	9 Mar 2010	69,928

Rio Tinto Mining Companies Comparative Plan ("MCCP")

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.  At the time of vesting, participants in this share plan can elect to receive their awards for nil consideration either as shares or as cash from the proceeds of a sale of shares.

Tom Albanese has today notified the Company that he elected to receive his vested award in the form of shares of which sufficient have been sold to pay applicable withholding tax and other deductions.

Conditional Award Granted	No of Shares Vested	No of Shares Sold	Sale Price per Share	Date of Trade	No of Shares Retained
54,480	21,574	8,539	£36.80	9 Mar 2010	13,035

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:

Secretarial Department

Pat Sims

Share Plan Manager

Office: [phone]

Website: www.riotinto.com

 

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