Rio Tinto plc notifies the London Stock Exchange (LSE) of PDMR/KMP interests in securities of Rio Tinto plc, in compliance with the EU Market Abuse Regulation. As part of its dual listed company structure, Rio Tinto voluntarily notifies the Australian Securities Exchange (ASX) of material dealings in Rio Tinto plc shares by PDMR/KMP and both ASX and the LSE of material dealings by PDMR/KMP in Rio Tinto Limited securities.
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 or Rio Tinto Limited shares as applicable, at a future date at a price set at the date of grant, provided certain performance conditions are met, in accordance with the terms of the SOP.
On 7 September 2017, the following PDMR exercised his options over shares.
Security |
Name of PDMR / KMP |
No. of Options Exercised |
Exercise Price per Share |
No. of Shares Sold |
Sale Price per Share
|
No. of Shares Retained |
Rio Tinto plc |
Stephen McIntosh |
2951 |
£16.53 |
2143 |
£37.1843 |
808 |
This was a non-discretionary transaction.
An FCA notification in accordance with the EU Market Abuse Regulations has been issued to the London Stock Exchange contemporaneously with this release.
Steve AllenGroup Company Secretary
|
Tim PaineJoint Company Secretary |
Rio Tinto plc6 St James's Square London SW1Y 4AD United Kingdom
T +44 20 7781 2058 No. 719885
|
Rio Tinto Limited120 Collins Street Melbourne 3000 Australia
T +61 3 9283 3333 Registered in Australia ABN 96 004 458 404 |