Director/PDMR Shareholding

RNS Number : 8578P

Rio Tinto PLC

21 October 2021

 

21 October 2021

Shareholdings of persons discharging managerial responsibility (PDMR) / Key Management Personnel (KMP)

As   part   of its dual listed company structure, Rio Tinto notifies dealings in Rio Tinto plc and Rio Tinto Limited securities by PDMR / KMPs to both the Australian Securities Exchange (ASX) and the London Stock Exchange (LSE).

Global Employee Share Plan (myShare)

Under   myShare employees are able to purchase, on a quarterly basis, Rio Tinto plc ordinary shares of 10p each or Rio Tinto Limited ordinary shares ('shares'). Shares are purchased out of monthly deductions from salary, and participants are allocated an equivalent number of shares free of charge ('matching shares'), conditional upon satisfying the terms of myShare. The matching shares are subject to a three-year holding period, and vest after this period.

On 18 October 2021, the   following   PDMR / KMPs acquired Rio Tinto shares under myShare and were allocated the same number of matching share awards as follows:

Security	Name of PDMR / KMP	Number of shares	Matching shares	Price per share
Rio Tinto plc shares	Baatar, Bold	7.425000	7.425000	50.5047 GBP
Rio Tinto plc shares	Barrios, Alfredo	30.371600	30.371600	50.5047 GBP
Rio Tinto plc shares	Cunningham, Peter	7.425000	7.425000	50.5047 GBP
Rio Tinto Limited shares	Kaufman, Sinead	13.956200	13.956200	100.17 AUD
Rio Tinto plc shares	Stausholm, Jakob	7.425000	7.425000	50.5047 GBP
Rio Tinto plc shares	Vella, Ivan	15.301500	15.301500	50.5047 GBP

U pon vesting, on 18 October 2021, the following PDMR / KMPs received matching shares under myShare, of which sufficient were sold on 19 October 2021 to pay applicable withholding tax and other deductions.

Security	Name of PDMR / KMP	No: of Matching Shares Granted	No: of Shares Vested*	No: of Shares Sold	Price per Share Sold	No: of Shares Retained
Rio Tinto plc shares	Baatar, Bold	19.6266	25.6475	10.7720	50.550926 GBP	14.8755
Rio Tinto plc shares	Barrios, Alfredo	19.8857	25.986	8.7287	50.550926 GBP	17.2573
Rio Tinto plc shares	Cunningham, Peter	9.8133	12.8235	5.3859	50.550926 GBP	7.4376
Rio Tinto Limited shares	Kaufman, Sinead	17.7953	22.8227	0	-	22.8227
Rio Tinto plc shares	Trott, Simon	24.868	32.4967	7.1494	50.550926 GBP	25.3473
Rio Tinto Limited shares	Vella, Ivan	15.2749	19.5901	9.5388	99.306406 AUD	10.0513

*The number of shares vested includes additional shares calculated to reflect dividends declared during the vesting period on the original shares granted, in accordance with the plan rules.

UK Share Plan (UKSP)

The UKSP is an HMRC approved Share Incentive Plan under which qualifying UK employees are able to purchase, on a quarterly basis, Rio Tinto plc shares. Rio Tinto plc shares are purchased out of monthly deductions from salary, and participants are allocated an equivalent number of shares free of charge (UKSP matching shares). Qualifying UK employees are also awarded Free Shares once a year.

On 18 October 2021, the following PDMR / KMPs purchased Rio Tinto plc shares under the UKSP and were allocated the same number of matching shares as follows:

Security	Name of PDMR / KMP	Number of Shares Acquired	Matching shares	Price per Share
Rio Tinto plc shares	Baatar, Bold	7	7	50.5047 GBP
Rio Tinto plc shares	Stausholm, Jakob	7	7	50.5047 GBP

FCA notifications in accordance with the EU Market Abuse Regulation have been issued to the London Stock Exchange contemporaneously with this release.

LEI: 213800YOEO5OQ72G2R82
Classification: 3.1. Information disclosed under article 19 of the Market Abuse Regulation.

Contacts

Please direct all enquiries to [e-mail]

Media Relations, UK Illtud Harri M [phone] David Outhwaite M [phone] Media Relations, Americas Matthew Klar T [phone] Investor Relations, UK Menno Sanderse M: [phone] David Ovington M [phone] Clare Peever M [phone]	Media Relations, Australia Jonathan Rose M [phone] Matt Chambers M [phone] Jesse Riseborough M [phone] Investor Relations, Australia Natalie Worley M [phone] Amar Jambaa M [phone]
Rio Tinto plc 6 St James's Square London SW1Y 4AD United Kingdom   T [phone] Registered in England No. 719885	Rio Tinto Limited Level 7, 360 Collins Street Melbourne 3000 Australia T [phone] Registered in Australia ABN 96 004 458 404

This announcement is authorised for release to the market by Steve Allen, Rio Tinto's Group Company Secretary.

riotinto.com

 

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