REG - Rio Tinto - Director/PDMR Shareholding
RNS Number : 6946KRio Tinto PLC23 April 2020Shareholdings of directors and persons discharging managerial responsibility (PDMR)
23 April 2020
As part of its dual listed company structure, Rio Tinto notifies dealings in Rio Tinto plc and Rio Tinto Limited securities by PDMRs 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 18 April 2020, the following PDMR received matching shares or matching ADRs under myShare, of which sufficient were sold on 21 April 2020 to pay applicable withholding tax and other deductions.
Security
Name of PDMR
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
16.4310
20.7464
8.7137
36.887292
GBP
12.0327
Rio Tinto plc shares
Barrios, Alfredo
25.4454
32.1293
15.3542
36.887292
GBP
16.7751
Rio Tinto plc shares
Jacques,
Jean-Sébastien
12.3232
15.5596
6.5352
36.887292
GBP
9.0244
Rio Tinto Limited shares
Trott, Simon
24.0330
28.8418
N/A
N/A
28.8418
*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: 3.1. Information disclosed under article 19 of the Market Abuse Regulation.
This announcement is authorised for release to the market by Rio Tinto's Group Company Secretary.
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 2000
Registered in EnglandNo. 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.ENDDSHXXLFLBZLZBBB
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