Director/PDMR Shareholding
Rio Tinto PLC
14 March 2007
Rio Tinto plc
14 March 2007
Rio Tinto Share Ownership Plan ('SOP')
The SOP is an Inland Revenue approved trust arrangement, operated through Capita
AESOP Trustees Limited, under which employees are able to purchase ordinary
shares in the Company of 10p each ('ordinary shares'), using monthly deductions
from salary, and are allocated an equivalent number of free ordinary shares ('
matching shares').
On 13 March 2007 Rio Tinto plc was notified that, on 12 March 2007 in London,
the following executive directors and persons discharging managerial
responsibility ('PDMRs') of the Company each purchased ordinary shares at a
price of £27.1488 and were allocated the same number of matching shares, free of
charge:
No. of shares Total ordinary Percentage of issued share
acquired capital
shares held
Director
G.R. Elliott 8 48,061 0.004774%
PDMRs
K.Johnson 10 18,771 0.001865%
A.V.Lawless 10 8,513 0.000846%
A.Mackenzie 8 40,484 0.004022%
M.Merton 10 3,483 0.000346%
A. Vickerman 10 5,446 0.000541%
The above directors/PDMRs also have an interest in 864 shares as potential
beneficiaries of the Rio Tinto Employee Share Ownership Trust.
This announcement is made in accordance with the requirements of the Financial
Services Authority Disclosure Rules 3.1.2 to 3.1.4.
Enquiries: Mrs A V Lawless
Company Secretary
Rio Tinto plc
Tel: 020 7930 2399
Rio Tinto plc
14 March 2007
Rio Tinto Share Option Plan ('SOP') and
Rio Tinto Mining Companies Comparative Plan ('MCCP')
Rio Tinto Management Share Plan ('MSP')
The SOP is a discretionary share option plan under which eligible employees are
granted an option to purchase a number of Rio Tinto plc shares in the future at
a price set at the date of grant provided certain performance conditions are
met.
The MCCP is a performance share plan which provides participants with the
conditional right, subject to performance conditions being met, to receive
shares in the Company of 10p each ('ordinary shares').
The MSP is a restricted share plan for senior employees below director and
product group chief executive ('PGCE') level. Under the Plan, eligible employees
may receive a conditional award of shares which will vest, wholly or partly,
when performance conditions have been satisfied.
On 13 March 2007 Rio Tinto plc was notified that, on 13 March 2007 in London,
the following executive directors and persons discharging managerial
responsibility ('PDMRs') of the Company were each granted options over ordinary
shares at a price of £27.012 under the Rio Tinto Share Option Plan 2004. In
addition, conditional share awards over ordinary shares under the MCCP at a
price fixed at time of vesting were awarded, as detailed in the table below:
No. of options acquired No. of conditional share awards No. of conditional share awards
under SOP acquired under the MSP
acquired under the MCCP
Tom Albanese 66,186* 44,124 0
Preston Chiaro 38,519 22,679 0
Bret Clayton 33,850 22,566 0
Guy Elliott 44,052 30,837 0
Keith Johnson 28,294 19,805 0
Andrew Mackenzie 31,159 21,811 0
Anette Lawless 5,598 5,598 2,000
Michael Merton 9,598 9,598 2,500
Andy Vickerman 9,491 9,184 2,500
* includes 1,110 approved share options under the Rio Tinto U.K. Approved Share
Option Plan 2004
The period during which the SOP options granted in 2007, as above, may be
exercised is 7 March 2010 and 7 March 2017. Conditional awards under the MCCP
are subject to performance conditions and the performance period ends on 31
December 2010.
Total number of shares over which options are held following notification:
Rio Tinto Rio Tinto Total share options MCCP MSP Total
conditional
Share Savings Plan Share share awards
Option Plan
Tom Albanese 791 668,862* 669,653 201,097 0 201,097
Preston Chiaro 298 260,970 261,268 149,207 0 149,207
Bret Clayton 0 69,471 69,471 58,187 0 58,187
Guy Elliott 1,431 407,914 408,625 174,138 0 174,138
Keith Johnson 456 157,600 158,056 110,256 0 110,256
Andrew Mackenzie 1,021 126,947 127,968 105,132 0 105,132
Anette Lawless 593 33,650 34,243 33,650 2,000 35,650
Michael Merton 0 53,049 53,049 53,049 2,500 55,549
Andy Vickerman 1,431 54,424 55,855 43,045 2,500 45,545
* includes 1,110 approved share options under the Rio Tinto U.K. Approved Share
Option Plan 2004
The above directors/PDMRs also have an interest in 864 shares as potential
beneficiaries of the Rio Tinto Employee Share Ownership Trust.
This announcement is made in accordance with the requirements of the Financial
Services Authority Disclosure Rules 3.1.2 to 3.1.4.
Enquiries: Mrs A V Lawless
Company Secretary
Rio Tinto plc
Tel: 020 7930 2399
This information is provided by RNS
The company news service from the London Stock Exchange