Rio Tinto plc notifies the London Stock Exchange (LSE) of PDMR/KMPs interests in securities of Rio Tinto plc, in compliance with the UK Financial Conduct Authority's Disclosure and Transparency Rule 3.1. As part of a dual listed company structure, Rio Tinto voluntarily notifies the Australian Securities Exchange (ASX) of such dealings and both ASX and LSE of all dealings by PDMR/KMPs in Rio Tinto Limited securities.
Performance Share Plan ("PSP")
The PSP is a performance based share plan which provides the Rio Tinto plc and Rio Tinto Limited participants with the conditional right to receive Rio Tinto plc ordinary shares of 10p each or Rio Tinto Limited ordinary shares ("shares"), subject to performance conditions being met, under the terms of the Rio Tinto plc PSP and Rio Tinto Limited PSP respectively.
On 17 February 2015 Rio Tinto plc was notified that on 17 February 2015 the following PDMR elected to receive her vested award, in the form of shares, of which sufficient were sold to pay applicable withholding tax and other deductions.
Security |
Name of PDMR/KMP |
Conditional Award Granted on 6.5.2011 |
No: of Shares Lapsed |
No: of Shares Vested |
No: of Shares Sold |
Price per Share GBP |
No: of Shares Retained |
|
|
|
|
|
|
|
|
Rio Tinto plc
|
Valentine, Debra |
22,553 |
5,977 |
16,576 |
7,788 |
31.875 |
8,788 |
This announcement is made in compliance with the UK Financial Conduct Authority's Disclosure and Transparency Rule 3.1.
Vaughn Walton Assistant Company Secretary
|
Tim PaineJoint Company Secretary |
Rio Tinto plc2 Eastbourne Terrace London W2 6LG United Kingdom
T +44 20 7781 1345 Registered in England No. 719885 |
Rio Tinto Limited120 Collins Street Melbourne 3000 Australia
T +61 3 9283 3333 Registered in Australia ABN 96 004 458 404 |