REG - Rio Tinto - Director/PDMR Shareholding

Rio TintoAnnouncement

24/09/2020 13:35

RNS Number : 0411A
  
Rio Tinto PLC
  
24 September 2020
  
 

 
Shareholdings of persons discharging managerial responsibility (PDMR) 
 
Dividend Reinvestment
 
24 September 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).
 
Vested Share Account (VSA)
 
Rio Tinto plc ordinary shares of 10p each and Rio Tinto Limited ordinary shares ('Shares') held in a VSA are subject to dividend reinvestment whereby cash dividends are used to buy Shares in the market.   
 
On 23 September 2020 the following PDMRs acquired shares in Rio Tinto plc by way of reinvestment of dividends received on shares held in a VSA. 
 



Security


Name of PDMR


Number of Shares Acquired


Price per Share
GBP




Rio Tinto plc shares


Baatar, Bold


335.30002


49.7932




Rio Tinto plc shares


Barrios, Alfredo


1,668.2015


49.7932




Rio Tinto plc shares


Soirat, Arnaud


52.37182


49.7932



 
On 24 September 2020 the following PDMRs acquired shares in Rio Tinto Limited by way of reinvestment of dividends received on shares held in a VSA. 
 



Security


Name of PDMR


Number of Shares Acquired


Price per Share
AUD




Rio Tinto Limited shares


Soirat, Arnaud


593.95815


101.0800




Rio Tinto Limited shares


Vella, Ivan


17.63227


101.0800



 
UK Share Plan (UKSP) 
 
The UKSP is an HMRC approved Share Incentive Plan under which qualifying UK employees are able to purchase, on a quarterly basis, Rio Tinto plc shares. Rio Tinto plc shares are purchased out of monthly deductions from salary, and participants are allocated an equivalent number of shares free of charge (UKSP matching shares).  Qualifying UK employees are also awarded Free Shares once a year. 
 
Rio Tinto plc shares held in the UKSP are subject to dividend reinvestment whereby cash dividends are used to buy Rio Tinto plc shares in the market. 
 
On 22 September 2020 the following PDMRs acquired shares in Rio Tinto plc by way of reinvestment of dividends received on shares held in a UKSP. 
 
 



Security


Name of PDMR


Number of Shares Acquired


Price per Share
GBP




Rio Tinto plc shares


Baatar, Bold


8


49.7932




Rio Tinto plc shares


Jacques, Jean-Sébastien


56


49.7932




Rio Tinto plc shares


Soirat, Arnaud


10


49.7932




Rio Tinto plc shares


Stausholm, Jakob


5


49.7932



 
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.
 
Rio Tinto Shares held in myShare are subject to dividend reinvestment whereby cash dividends are used to buy Shares in the market under the terms of myShare.  
 
On 23 September 2020 the following PDMRs acquired Rio Tinto plc shares by way of reinvestment of dividends received on shares held in myShare. 
 



Security


Name of PDMR


Number of Shares Acquired


Price per Share 
GBP




Rio Tinto plc shares


Baatar, Bold


10.8986


49.7932




Rio Tinto plc shares


Barrios, Alfredo


20.892


49.7932




Rio Tinto plc shares


Jacques, Jean-Sébastien


15.246


49.7932




Rio Tinto plc shares


Stausholm, Jakob


1.0563


49.7932




Rio Tinto plc shares


Trott, Simon


4.2772


49.7932



 
On 24 September 2020 the following PDMRs acquired Rio Tinto Limited shares by way of reinvestment of dividends received on shares held in myShare. 
 



Security


Name of PDMR


Number of Shares Acquired


Price per Share 
AUD




Rio Tinto Limited shares


Trott, Simon 


26.6168


101.0800




Rio Tinto Limited shares


Vella, Ivan


4.4157


101.0800



 
Rio Tinto plc and Rio Tinto Limited dividend reinvestment plans
 
Rio Tinto plc and Rio Tinto Limited offer a dividend reinvestment plan that gives shareholders of Rio Tinto plc ordinary shares of 10p each and Rio Tinto Limited ordinary shares ('Shares') the opportunity to use their cash dividends to buy Rio Tinto plc or Rio Tinto Limited shares respectively, in the market.
 
On 22 September 2020 the following PDMR acquired ordinary shares in Rio Tinto plc under a dividend reinvestment plan.
 
 



Security


Name of PDMR


Number of Shares Acquired


Price per Share
GBP




Rio Tinto plc shares


Soirat, Arnaud


10


49.7932



 
 
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
 
T +44 20 7781 2000
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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