1
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Details of the person discharging managerial responsibilities / person closely associated
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a)
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Name
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Jean-Sébastien Jacques
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2
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Reason for the notification
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a)
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Position/status
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Chief executive |
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b)
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Initial notification /Amendment
|
Initial Notification |
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3
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Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
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a)
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Name
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Rio Tinto plc |
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b)
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LEI
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N/A |
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4
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Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
|
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a)
|
Description of the financial instrument, type of instrument
Identification code
|
Ordinary shares of 10p each
GB0007188757 |
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b)
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Nature of the transaction
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Grant of shares under the 2013 Rio Tinto Performance Share Plan (PSP).
The PSP is a performance share plan which provides participants with the conditional right, subject to performance conditions being met, to receive ordinary shares. The value of the shares is determined by taking the average of the middle market quotations from the LSE for each Friday in the year immediately preceding the commencement of the relevant performance period. As advised in the Rio Tinto 2015 annual report, this value is £26.346 in the case of Rio Tinto plc. The award granted will be measured against the performance conditions after five years (at the end of 2020).
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c)
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Price(s) and volume(s)
|
|
||||
d)
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Aggregated information
- Aggregated volume
- Price
|
79,966
£26.346 |
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e)
|
Date of the transaction
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2016-09-12 |
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f)
|
Place of the transaction
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N/A |
Victoria HamesActing Company Secretary
|
|
Rio Tinto plc6 St James's Square London SW1Y 4AD United Kingdom
T +44 20 7781 1668 No. 719885 |
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