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

Rio TintoAnnouncement

20/02/2015 18:20

RNS Number : 5325F
Rio Tinto PLC
20 February 2015
Shareholdings of persons discharging managerial responsibility (PDMR) / Key Management Personnel (KMP)
20 February 2015
Rio Tinto plc notifies the London Stock Exchange (LSE) of PDMR/KMPs interests in securities of Rio Tinto plc, in compliance with the UK Financial Conduct Authority's Disclosure and Transparency Rule 3.1. As part of a dual listed company structure, Rio Tinto voluntarily notifies the Australian Securities Exchange (ASX) of such dealings and both ASX and LSE of all dealings by PDMR/KMPs in Rio Tinto Limited securities.
Management Share Plan ("MSP")
The MSP is a service based award which provides the Rio Tinto plc and Rio Tinto Limited participants with an award of Rio Tinto plc ordinary shares of 10p each or Rio Tinto Limited ordinary share ("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.
On 20 February 2015 Rio Tinto Limited was notified that on 19 February 2015 the following KMP elected to receive his vested MSP award in the form of shares. 
Security
Name of PDMR/KMP
Conditional Award Granted on 19.3.2012
No. of Shares Vested*
No. of Shares Sold
Price per Share
AUD
No. of Shares Retained







Rio Tinto Limited 
Davies, Alan
3,997
4,309
2,176
63.98
2,133
*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.
Performance Share Plan ("PSP")
The PSP is a performance based share plan which provides the Rio Tinto plc and Rio Tinto Limited participants with the conditional right to receive Rio Tinto plc or Rio Tinto Limited shares, subject to performance conditions being met, under the terms of the Rio Tinto plc PSP and Rio Tinto Limited PSP respectively.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
On 20 February 2015 Rio Tinto Limited was notified that on 19 February 2015 the following KMP elected to receive his vested PSP award as cash from the proceeds of the sale of shares.
Security
Name of PDMR/KMP
Conditional Award Granted on 21.3.2011
No. of Shares Lapsed
No. of Shares Vested
No. of Shares Sold
Price per Share
AUD
No. of Shares Retained








Rio Tinto Limited
Davies, Alan
6,228
1,651
4,577
2,311
$63.980281
2,266
Vaughn Walton
Assistant Company Secretary 
Tim Paine
Joint Company Secretary
Rio Tinto plc
2 Eastbourne Terrace
London W2 6LG
United Kingdom
T +44 20 7781 1345
Registered in England 
No. 719885
Rio Tinto Limited
120 Collins Street
Melbourne 3000
Australia 
T +61 3 9283 3333
Registered in Australia
ABN 96 004 458 404

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