Director/PDMR Shareholding

RNS Number : 5748F

Rio Tinto PLC

23 February 2015

 



Rio Tinto Limited - Change of Director's Interest Notice - Sam Walsh

23 February 2015

Rio Tinto voluntarily notifies London Stock Exchange (LSE) of directors' interests in the securities of Rio Tinto Limited and changes to those interests, as disclosed to the Australian Securities Exchange (ASX), in compliance with the ASX Listing Rules and the Australian Corporations Act.

Performance Share Plan ("PSP")

The Performance Share Plan (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 or Rio Tinto Limited  ordinary shares, subject to performance conditions being met, under the terms of the Rio Tinto plc PSP and Rio Tinto Limited PSP respectively. 

On 23 February 2015 Rio Tinto Limited notified the ASX of the following transactions for Sam Walsh, in compliance with the ASX Listing Rule 3.19A and as agent for the director, for the purposes of section 205G of the Australian Corporations Act:

Security	Name of the Director	PSP Rights Granted on 6 May 2011	No. of Rights Lapsed	No. of Rights Vested	No. of Shares Sold	Sale price per Share AUD	No. of Shares Retained
Rio Tinto Limited	Sam Walsh	61,752	16,365	45,387	11,502	$63.85	33,885

Mr Walsh sold 11,502 shares by way of an on-market trade to cover the resulting tax liability associated with the vesting of the PSP Rights. 

Share Savings Plan ("SSP")

The Rio Tinto Limited SSP is a savings based share options plan available to employees of Rio Tinto. According to the terms of the plan, the participants elect to save a nominated amount each month, during the savings period of up to a maximum of five years. At the end of the savings period and upon maturity of the options, participants may exercise the option over shares to be granted at a discount of up to 20 per cent to the market value at the time of grant.

On 23 February 2015 Rio Tinto Limited notified the ASX of the following transactions for Sam Walsh, in compliance with the ASX Listing Rule 3.19A and as agent for the director, for the purposes of section 205G of the Australian Corporations Act:

Security	Name of the Director	SSP Options Granted under 2009 Offer	SSP Option Exercise Price AUD	No. of Shares Acquired
Rio Tinto Limited	Sam Walsh	125	$48.73	125

The complete Appendix 3Y notification submitted to ASX is available at:

www.riotinto.com/regulatorynewsandfilings

Vaughn Walton Assistant Company Secretary	Tim Paine Joint Company Secretary
Rio Tinto plc 2 Eastbourne Terrace London W2 6LG United Kingdom T [phone] Registered in England No. 719885	Rio Tinto Limited 120 Collins Street Melbourne 3000 Australia T [phone] Registered in Australia ABN 96 004 458 404

 

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