REG - Rio Tinto - Director/PDMR Shareholding

Rio TintoAnnouncement

08/08/2018 14:30

RNS Number : 2284X
Rio Tinto PLC
08 August 2018
 


 
Shareholdings of persons discharging managerial responsibility (PDMR) / Key Management Personnel (KMP)
 
8 August 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 also voluntarily notifies the Australian Securities Exchange (ASX) of material dealings in Rio Tinto plc shares by PDMR/KMP and both the ASX and LSE of material dealings by PDMR/KMP in Rio Tinto Limited securities.
 
Rio Tinto Share Option Plan (SOP)



The SOP is a discretionary share option plan under which eligible employees are granted an option to purchase a number of Rio Tinto plc or Rio Tinto Limited shares as applicable, at a future date and at a price set at the date of grant. This is provided certain performance conditions are met, in accordance with the terms of the SOP.
 
On 7 August 2018, the following PDMR/KMP exercised his options over shares and sold a proportion of the shares to fund the tax and social security liabilities arising on exercise.



Security


Name of PDMR / KMP


No. of Options Exercised


Exercise Price per Share
AUD


No. of Shares Sold


Sale Price per Share AUD
 


No. of Shares Retained




Rio Tinto Limited shares


Salisbury, Christopher   
 


3335


33.45


2397


76.175469


938



 
 



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
Level 7, 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 news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
DSHLVLFBVVFLBBV