Director/PDMR Shareholding

RNS Number : 2759A
Rio Tinto PLC
18 March 2013
 



Rio Tinto plc

Director/PDMR Shareholding

18 March 2013

 

 

 

 

 

 

Rio Tinto Performance Share Plan ("PSP")

 

 

The PSP 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"). 

 

At the time of vesting, participants in the plan 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 15 March 2013, Guy Elliott, a person discharging managerial responsibility ("PDMR") of the Company, received his vested award and sold the resulting shares.

 

Conditional Award Granted

No of Shares Lapsed

No of Shares Vested

No of Shares

Sold

Sale

Price

per Share

No of Shares Retained

35,743

2,681

33,062

33,062

£33.03

0

 

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

Office: +44 (0) 20 7781 1910

Website: www.riotinto.com


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