REG - Rio Tinto - Changes to dividend currency and timetable

Rio TintoAnnouncement

26/07/2024 07:00

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RNS Number : 9288X  Rio Tinto PLC  26 July 2024

 

Notice to
ASX/LSE

 

Changes to dividend declaration currency and

2024 interim dividend timetable

26 July 2024

 

Rio Tinto determines its dividends in US dollars, our reporting currency.
 Historically, Rio Tinto has announced this US dollar amount, as well as the
dividend per share in pounds sterling for Rio Tinto plc shareholders and in
Australian dollars for Rio Tinto Limited shareholders. However, following
changes to Rio Tinto Limited's constitution approved by shareholders in 2024,
Rio Tinto now intends to declare and announce its dividends in US dollars
only.  Shareholders will continue to have the ability to elect to receive
their dividends in pounds sterling, Australian dollars and New Zealand
dollars.  Payments in these currencies will now be converted from US dollars
based on currency conversion rates seven business days prior to the payment
date and will be announced to the market on the following business day.
Shareholders will also now have the ability to receive their dividends in US
dollars at the declared amount.(1)

 

Set out below is the updated 2024 interim dividend timetable reflecting the
changes to our dividend payment approach. This information replaces the 2024
interim dividend dates set out in the Key Dates announcement released to the
ASX and the LSE on 29 November 2023.

 

 Date               Event
 2024 Interim dividend
 31 July 2024       2024 half year results announcement. Interim dividend is determined and
                    declared in US dollars

 15 August 2024     Rio Tinto plc and Rio Tinto Limited ordinary shares quoted "ex-dividend"(2)
 16 August 2024     Record date
 5 September 2024   Final date for elections under the Rio Tinto plc and Rio Tinto Limited
                    Dividend Reinvestment Plans and for payment currency elections to receive
                    dividends in US dollars, pounds sterling, Australian dollars or New Zealand
                    dollars(3)
 17 September 2024  Currency conversion date: Pounds sterling, Australian dollar, and New Zealand
                    dollar equivalent dividend payment amounts determined
 26 September 2024  Payment date

 

1.     Shareholders who wish to receive their dividends in US dollars are
required to submit their elections, including direct credit details for a US
dollar denominated bank account, by 5 September 2024.

2.     Effective 28 May 2024, under the US Security Exchange Commission
(SEC) rules, the trade settlement cycle for our ADRs will change from T+2 to
T+1. The ex-dividend date and record date will become the same for regular
ex-dividend date processing of our ADRs.

3.     In the absence of updated payment currency elections being received
by the share registrars by 5 September 2024, 2024 interim dividend payments
will be made as per existing payment elections on record.

 

LEI: 213800YOEO5OQ72G2R82

Classification: 3.1. Additional regulated information required to be disclosed
under the laws of a Member State.

Contacts

Please direct all enquiries to media.enquiries@riotinto.com

 

 

 

 Media Relations,        Media Relations,               Media Relations,
 United Kingdom          Australia                      Americas

 
 
 

 Matthew Klar            Matt Chambers                  Simon Letendre

 M +44 7796 630 637      M +61 433 525 739              M +1 514 796 4973

 David Outhwaite         Jesse Riseborough              Malika Cherry

 M +44 7787 597 493      M +61 436 653 412              M +1 418 592 7293

                         Alyesha Anderson               Vanessa Damha

                         M +61 434 868 118              M +1 514 715 2152

                         Michelle Lee

                         M +61 458 609 322

 Investor Relations,     Investor Relations,
 United Kingdom          Australia

 
 

 David Ovington          Tom Gallop

 M +44 7920 010 978      M +61 439 353 948

 Laura Brooks            Amar Jambaa

 M +44 7826 942 797      M +61 472 865 948

 Rio Tinto plc           Rio Tinto Limited

 
 

 6 St James's Square     Level 43, 120 Collins Street

 London SW1Y 4AD         Melbourne 3000

 United Kingdom          Australia

 T +44 20 7781 2000      T +61 3 9283 3333

 Registered in England   Registered in Australia

 No. 719885              ABN 96 004 458 404

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

 

 

 

 

 

 

riotinto.com

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