REG - Rio Tinto - Director/PDMR Shareholding <Origin Href="QuoteRef">RIO.L</Origin>
RNS Number : 1093JRio Tinto PLC15 December 2015Shareholdings of persons discharging managerial responsibility (PDMR) / Key Management Personnel (KMP)
15 December 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 material dealings in Rio Tinto plc shares by PDMR/KMP and both ASX and the London Stock Exchange (LSE) of material dealings by PDMR/KMP in Rio Tinto Limited securities.
Rio Tinto Bonus Deferral Plan ("BDP")
Under the terms of the BDP 50% of the annual bonuses of the participating executives are delivered in deferred ordinary shares of Rio Tinto plc or Rio Tinto Limited ("shares"), as applicable. The BDP Rights vest in December of the third year after the end of the performance year to which it relates.
On 15 December 2015 Rio Tinto plc was notified that on 14 December 2015, the following PDMR/KMP elected to receive her vested 2013 award in the form of shares, of which sufficient were sold to pay applicable withholding tax and other deductions.
Security
Name of PDMR/KMP
Conditional Award Granted
No: of dividend shares*
No: of Shares Vested
No: of Shares Sold
Price per Share
GBP
No: of Shares Retained
Rio Tinto plc
Valentine, Debra
7,173
1,037
8,210
3,947
18.876719
4,263
*The number of shares vested includes additional shares calculated to reflect dividends declared during the vesting period on the original shares granted.
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
6 St James's Square
London SW1Y 4AD
United Kingdom
T +44 20 7781 1345
Registered in EnglandNo. 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 RNSThe company news service from the London Stock ExchangeENDRDSFELFFELFBFBD
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