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

Rio TintoAnnouncement

26/03/2015 07:24

RNS Number : 5225I
Rio Tinto PLC
26 March 2015
Rio Tinto Limited - Change of Director's Interest Notice - Sam Walsh
26 March 2015
Rio Tinto voluntarily notifies London Stock Exchange (LSE) of directors' interests in the securities of Rio Tinto Limited and changes to those interests, as disclosed to the Australian Securities Exchange (ASX), in compliance with the ASX Listing Rules and the Australian Corporations Act.
The Remuneration committee has approved a 50% bonus deferral for members of the Executive committee under the BDP. All bonus deferrals are in Rio Tinto plc shares of 10p each or Rio Tinto Limited shares ("shares") valued using the five day average price of shares between 16 and 20 March 2015 (AUD 58.13) which will vest on the basis of service at 1 December 2017. 
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 (AUD 62.074). The awards granted in 2015 will be measured against the performance conditions after five years (as at the end of 2019).
On 26 March 2015, Rio Tinto Limited notified the ASX of the following awards for Sam Walsh, in compliance with the ASX Listing Rule 3.19A and as agent for the director, for the purposes of section 205G of the Australian Corporations Act:
Security
Name of the Director
Date of Award
No: of Rights awarded under BDP at AUD 58.13 
per share
No: of Rights awarded under PSP at AUD 62.074 
per share
Rio Tinto Limited
Sam Walsh
23 March 2015
29,609
138,010
The complete Appendix 3Y notification submitted to ASX is available at:
www.riotinto.com/regulatorynewsandfilings
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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