REG - Rio Tinto - Director/PDMR Shareholding <Origin Href="QuoteRef">RIO.L</Origin>
RNS Number : 3982YRio Tinto PLC02 March 2017Shareholdings of directors and persons discharging managerial responsibility (PDMR) / Key Management Personnel (KMP)
2 March 2017
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 Regulation. 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 LSE of material dealings by PDMR/KMP in Rio Tinto Limited securities.
Management Share Plan ("MSP")
The MSP is a service based award which provides the participants with an award of Rio Tinto plc ordinary shares of 10p each or Rio Tinto Limited ordinary share ("shares"), which vests subject to continuous employment.
On 2 March 2017, Rio Tinto was notified that on 1 March 2017 the following PDMR received her vested MSP 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 Shares Vested*
No. of Shares Sold
Price per Share
No. of Shares Retained
Rio Tinto plc shares
Kirikova, Vera
1,670
1,723
609
33.985 GBP
1,114
*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 MSP plan rules.
FCA notifications in accordance with the EU Market Abuse Regulation have been issued to the London Stock Exchange contemporaneously with this release.
Steve Allen
Company Secretary
Tim Paine
Joint Company Secretary
Rio Tinto plc
6 St James's Square
London SW1Y 4AD
United Kingdom
T +44 20 7781 2058
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 ExchangeENDDSHQLLFBDXFFBBK
Recent news on Rio Tinto
See all newsREG - Rio Tinto - Director/PDMR Shareholding
AnnouncementREG - Rio Tinto - Director/PDMR Shareholding
AnnouncementREG - Rio Tinto - Director/PDMR Shareholding
AnnouncementREG - Rio Tinto - Director/PDMR Shareholding
AnnouncementREG - Rio Tinto - Total Voting Rights
Announcement