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

Rio TintoAnnouncement

26/01/2018 16:05

RNS Number : 1027D
Rio Tinto PLC
26 January 2018
Shareholdings of directors and persons discharging managerial responsibility (PDMR) / Key Management Personnel (KMP)
26 January 2018 
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 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'). Shares are purchased out of monthly deductions from salary and participants 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.
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 Sold 
No: of Shares Retained
Date of transaction
Rio Tinto plc shares
Barrios, Alfredo
24.8275
27.503
12.2427
39.42 GBP
15.2603 
23/01/2018
Rio Tinto Limited shares
Farrell, Joanne
26.0044
28.6733
13.4766
77.86 AUD 
15.1967
24/01/2018
Rio Tinto plc shares
Jacques, Jean-Sbastien
13.0616
14.4687
6.077
39.42 GBP
8.3917
23/01/2018
Rio Tinto Limited shares
McIntosh, Stephen
26.0044
28.6733
0
N/A
28.6733
N/A
Rio Tinto Limited shares
Trott, Simon
26.0044
28.6733
0 
N/A 
28.6733
N/A
*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.
These were non-discretionary transactions.
FCA notifications in accordance with the EU Market Abuse Regulation have been issued to the London Stock Exchange contemporaneously with this release. 
LEI: 213800YOEO5OQ72G2R82
Classification: 2.2. Inside information disclosed under article 19 of the Market Abuse Regulation 
Steve Allen
Group 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 England 
No. 719885
Rio Tinto Limited
360 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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