REG - Rio Tinto - Director/PDMR Shareholding <Origin Href="QuoteRef">RIO.L</Origin>

Rio TintoAnnouncement

29/10/2014 15:00

RNS Number : 3497V
Rio Tinto PLC
27 October 2014
Rio Tinto plc
Director/PDMR Shareholding
27 October 2014
Rio Tinto Management Share Plan ("MSP")
The MSP is a service based award which provides participants with an award of shares which vests subject to continuous employment. At the time of vesting, participants can elect to receive their awards for nil consideration either as shares or as cash from the proceeds of a sale of shares.
Rio Tinto plc was notified on 24 October 2014 that on 24 October 2014, Jean-Sbastien Jacques, a person discharging managerial responsibility ("PDMR") of the Company elected to receive his vested award, which was granted on 12 September 2011, in the form of shares of which sufficient were sold to pay applicable withholding tax and other deductions.
Conditional Award Granted
No of
Shares Vested*
No of
Shares Sold
Sale Price
per Share
No of Shares Retained
7,500
8,325
4,004
30.190299
4,321
*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 MSP plan rules.
This announcement is made in accordance with the requirements of the Financial Conduct Authority Disclosure and Transparency Rules 3.1.2 to 3.1.4.
For further information, please contact:
Vaughn Walton
Assistant Company Secretary
Rio Tinto plc 
Tel: 020 7781 1345
Website: www.riotinto.com

This information is provided by RNS
The company news service from the London Stock Exchange
  END
RDSKDLBLZBFLFBE