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

Rio TintoAnnouncement

25/03/2015 18:00

RNS Number : 4640I
Rio Tinto PLC
25 March 2015
Shareholdings of persons discharging managerial responsibility (PDMR) / Key Management Personnel (KMP)
Rio Tinto Bonus Deferral Plan ("BDP")
Rio Tinto Performance Share Plan ("PSP")
25 March 2015
Rio Tinto plc notifies the London Stock Exchange (LSE) of PDMR/KMP 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 its dual listed company structure, Rio Tinto voluntarily notifies the Australian Securities Exchange (ASX) of such dealings. Rio Tinto also notifies both ASX and LSE of all dealings by PDMR/KMP in Rio Tinto Limited securities.
The Remuneration committee has approved a50% bonus deferral for members of the Executive committee under the BDP. All bonus deferrals are in Rio Tinto plcshares of 10p each or Rio Tinto Limited shares ("shares")valued using the five day average price of shares between 16and20March 2015which will vest on the basis of service at 1December2017.
The PSP is a performance share plan which provides participants with the conditional right, subject to performance conditions being met, to receive shares. The value of the shares is determined by taking the average of the middle market quotations from the LSE or ASX for each Friday in the year immediately preceding the commencement of the relevant performance period. Theawards grantedin 2015will be measured against the performance conditions after five years (as at the end of 2019).
Thefollowing PDMR/KMPwereawarded the following on 23 March 2015:

Rio Tinto plc
Rio Tinto Limited
PDMR/KMP
No. of shares awarded under BDP 
at 28.624 
per share
No. of shares awarded under PSP 
at 31.935 
per share
No. of shares awarded under BDP 
at AUD 58.13 per share
No. of shares awarded under PSP 
at AUD 62.074 per share
Bague, Hugo
12,354
66,516
-
-
Barrios, Alfredo
8,931
66,390
-
-
Davies, Alan
12,493
71,019
-
-
Harding, Andrew
12,093
75,083
-
 -
Jacques, Jean-Sbastien
13,781
72,768
-
-
Lilleyman, Greg
-
 -
9,321
50,101
Lynch, Christopher
26,066
112,620
-

Valentine, Debra
12,227
52,942
-
-
Sam Walsh has also received BDP and PSP awards on the same date. The requisite Appendix 3Y (Change of Director's Interest Notice) announcement will be made to the ASX, following which a further announcement will be made to the LSE regarding Mr Walsh's awards. 
This announcement is made in compliance with the UK Financial Conduct Authority's Disclosure and Transparency Rule 3.1.
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
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