Shareholdings of persons discharging managerial responsibility (PDMR) / Key Management Personnel (KMP)
8 August 2018
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 also voluntarily notifies the Australian Securities Exchange (ASX) of material dealings in Rio Tinto plc shares by PDMR/KMP and both the ASX and 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 and at a price set at the date of grant. This is provided certain performance conditions are met, in accordance with the terms of the SOP.
On 7 August 2018, the following PDMR/KMP exercised his options over shares and sold a proportion of the shares to fund the tax and social security liabilities arising on exercise.
Security |
Name of PDMR / KMP |
No. of Options Exercised |
Exercise Price per Share AUD |
No. of Shares Sold |
Sale Price per Share AUD
|
No. of Shares Retained |
Rio Tinto Limited shares |
Salisbury, Christopher
|
3335 |
33.45 |
2397 |
76.175469 |
938 |
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 LimitedLevel 7, 360 Collins Street Melbourne 3000 Australia
T +61 3 9283 3333 Registered in Australia ABN 96 004 458 404 |