REG - Rio Tinto - Director/PDMR Shareholding <Origin Href="QuoteRef">RIO.L</Origin>
RNS Number : 4560RRio Tinto PLC09 December 2016Shareholdings of persons discharging managerial responsibility (PDMR) / Key Management Personnel (KMP)
9 December 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.
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.
The following PDMR/KMP elected to receive their vested 2014 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
Date of Transaction
Rio Tinto plc
Baatar, Bold
859
86
945
97
32.730721
848
8/12/2016
Rio Tinto plc
Lynch, Christopher
14,479
1,462
15,941
7,672
32.34
8,269
7/12/2016
The following PDMR/KMP elected to receive their vested 2014 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
AUD
No: of Shares Retained
Date of Transaction
Rio Tinto Limited
Farrell, Joanne
2,340
237
2,557
1,228
62.591514
1,349
8/12/2016
Rio Tinto Limited
Salisbury, Christopher
2,152
218
2,370
1,161
59.82
1,209
7/12/2016
*The number of shares vested includes additional shares calculated to reflect dividends declared during the vesting period on the original shares granted.
FCA notifications in accordance with the EU Market Abuse Regime have been issued to the London Stock Exchange contemporaneously with this release.
Victoria Hames
Acting Company Secretary
Tim Paine
Joint Company Secretary
Rio Tinto plc
6 St James's Square
London SW1Y 4AD
United Kingdom
T +44 20 7781 1668
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 ExchangeENDDSHBKLFBQLFEFBZ
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