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

Rio TintoAnnouncement

22/07/2016 17:35

RNS Number : 0426F
Rio Tinto PLC
22 July 2016
Shareholdings of directors and persons discharging managerial responsibility (PDMR) / Key Management Personnel (KMP)
22 July 2016
Rio Tinto plc notifies the London Stock Exchange (LSE) of PDMR/KMP interests in securities of Rio Tinto plc, in compliance with the EU Market Abuse Regime Article 19 (3). 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.
Global Employee Share Plan (GESP) 
Under the GESP employees are able to purchase on a quarterly basis Rio Tinto plc ordinary shares of 10p each ('shares'), Rio Tinto plc ADRs or Rio Tinto Limited ordinary shares ('shares') out of monthly deductions from salary and are allocated an equivalent number of shares or ADRs free of charge ('matching shares' and 'matching ADRs') conditional upon satisfying the terms of the GESP. The matching shares or matching ADRs are subject to a three year holding period, and vest after this period. 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 20 July 2016 that on 19 July 2016 the following PDMR/KMPs elected to receive the vested matching shares under the GESP in the form of shares, of which sufficient were sold to pay applicable withholding tax and other deductions. 
Security
Name of PDMR/KMP
No: of Matching Shares Granted
No: of Shares Vested*
No: of Shares Sold
Price per Share
GBP
No: of Shares Retained
Rio Tinto plc shares
Bague, Hugo
13.0999
15.3237
2.7587
23.6872
12.565
Rio Tinto plc shares
Jacques, Jean-Sbastien
13.0999
15.3237
6.4362
23.6872
8.8875
*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 GESP plan rules.
Rio Tinto Limited was notified on 20 July 2016 that on 19 July 2016 the following PDMR/KMPs elected to receive the vested matching shares under the GESP in the form of shares, of which sufficient were sold to pay applicable withholding tax and other deductions. 
Security
Name of PDMR/KMP
No: of Matching Shares Granted
No: of Shares Vested*
No: of Shares Sold
Price per Share
AUD
No: of Shares Retained
Rio Tinto Limited shares
McIntosh, Stephen
25.5249
29.6309
14.5193
49.60
15.1116
*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 GESP plan rules.
.
Rio Tinto plc was notified on 20 July 2016 that on 19 July 2016 the following PDMR/KMP elected to receive the vested matching ADRs under the GESP in the form of ADRs, of which sufficient were sold to pay applicable withholding tax and other deductions. 
Security
Name of PDMR/KMP
No: of Matching ADRs Granted
No: of ADRs Vested*
No: of ADRs Sold
Price per ADR
USD
No: of ADRs Retained
Rio Tinto plc ADRs
Valentine, Debra
29.3495
35.1723
16.5134
31.4226
18.6589
*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 GESP plan rules.
This announcement is made in compliance with the EU Market Abuse Regime. 
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 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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