REG - Rio Tinto - Director/PDMR Shareholding

Rio TintoAnnouncement

05/12/2018 17:05

RNS Number : 5847J
Rio Tinto PLC
05 December 2018
 


 
Shareholdings of persons discharging managerial responsibility (PDMR) / Key Management Personnel (KMP) 
 
5 December 2018
 
Rio Tinto plc notifies the London Stock Exchange (LSE) of PDMR/KMP interests in securities of Rio Tinto plc, in compliance with Article 19 (3) of 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/KMPs and both the ASX and the LSE of material dealings by PDMR/KMPs 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.
 
On 4 and 5 December 2018, Rio Tinto was notified that the following PDMR/KMPs elected to receive their vested 2016 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


Date of Transaction




Rio Tinto plc shares


Baatar, Bold
 


3,165


3,556


978


37.510712 GBP


2,578


03/12/2018




Rio Tinto plc shares


Barrios, Alfredo


16,957


19,055


9,662


37.510712 GBP


9,393


03/12/2018




Rio Tinto plc shares


Jacques, Jean-Sébastien


22,394


25,165


11,251


37.510712 GBP


13,914


03/12/2018




Rio Tinto plc shares


Kirikova, Vera


944


1,060


474


37.510712 GBP


586


03/12/2018




Rio Tinto plc shares


Niven, Simone


2,278


2,559


1,145


37.510712 GBP


1,414


03/12/2018




Rio Tinto Limited shares


Farrell, Joanne


2,583


2,850


1,314


74.91 AUD


1,536


03/12/2018




Rio Tinto Limited shares


McIntosh, Stephen


2,965


3,272


1,509


74.91 AUD


1,763


03/12/2018




Rio Tinto Limited shares


Salisbury, Christopher


3,542


3,909


1,803


74.91 AUD


2,106


03/12/2018




Rio Tinto Limited shares


Soirat, Arnaud


3,050


3,366


1,130


73.25 AUD


2,236


05/12/2018




Rio Tinto Limited shares


Trott, Simon


2,205


2,433


N/A


N/A


2,433


03/12/2018



*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 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 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
 
 
DSHQELFBVLFXFBD