REG - Rio Tinto - Director/PDMR Shareholding

Rio TintoAnnouncement

23/10/2019 14:50

RNS Number : 8997Q
Rio Tinto PLC
23 October 2019
 


Shareholdings of directors and persons discharging managerial responsibility (PDMR) / Key Management Personnel (KMP)
 
23 October 2019
 
As part of its dual listed company structure, Rio Tinto notifies dealings in Rio Tinto plc and Rio Tinto Limited securities by PDMRs/KMPs to both the Australian Securities Exchange (ASX) and the London Stock Exchange (LSE).
 
Global Employee Share Plan (myShare)
 
Under myShare employees are able to purchase, on a quarterly basis, Rio Tinto plc ordinary shares of 10p each, 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 myShare. The matching shares or matching ADRs are subject to a three year holding period, and vest after this period.
 
Upon vesting, on 17 October 2019, the following PDMR/KMPs received matching shares or matching ADRs under myShare, of which sufficient were sold on 21 October 2019 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




Rio Tinto plc shares


Baatar, Bold


21.2015


25.9576


10.5618


40.070466   GBP


15.3958




Rio Tinto plc shares


Barrios, Alfredo


28.6390
 


35.0633


15.5569


40.070466  GBP


19.5064




Rio Tinto plc shares
 


Jacques,
Jean-Sébastien


14.3581


17.5785


7.3831


40.070466 GBP


10.1954




Rio Tinto Limited shares


Trott, Simon


27.5251


32.4981


N/A


N/A


32.4981



 
*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 plan rules.
 
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. 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
Level 7, 360 Collins Street
Melbourne 3000
Australia
 
T +61 3 9283 3333
Registered in Australia
ABN 96 004 458 404



 
 
 
 
 
 
 
                                                                   




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