REG - Rio Tinto - Director/PDMR Shareholding

Rio TintoAnnouncement

04/12/2020 12:20

RNS Number : 6197H
  
Rio Tinto PLC
  
04 December 2020
  
 

 
Shareholdings of persons discharging managerial responsibility (PDMR) 
 
4 December 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).
 
Bonus Deferral Awards ("BDA") granted under the Rio Tinto 2018 Equity Incentive Plan
 
50% of the annual bonuses of the participating executives are delivered as BDA in the form of deferred ordinary shares of Rio Tinto plc or Rio Tinto Limited ("shares"), as applicable. The BDA vests in December of the third year after the end of the performance year to which the annual bonus relates.
 
On 1 December 2020, Rio Tinto was notified that the following PDMR received their vested 2018 BDA in the form of shares, of which sufficient were sold to pay applicable withholding tax and other deductions.
 



Security


Name of PDMR


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
 


7,389
 


8,719
 


3,989
 


49.787226 GBP


4,730
 


01/12/2020




Rio Tinto plc shares


Barrios, Alfredo


10,097
 


11,914
 


6,182
 


49.787226 GBP


5,732
 


01/12/2020




Rio Tinto plc shares 


Jacques, Jean-Sébastien


21,401
 


25,253
 


11,606
 


49.787226 GBP


13,647
 


01/12/2020




Rio Tinto plc shares


Soirat, Arnaud 


6,328
 


7,467
 


3,417
 


49.787226 GBP


4,050
 


01/12/2020




Rio Tinto plc shares


Toth, Peter**


1,851
 


2,184
 


1,000
 


49.787226 GBP


1,184
 


01/12/2020




Rio Tinto Limited shares


Trott, Simon**


1,313
 


1,549
 


N/A


N/A


1,549
 


01/12/2020




Rio Tinto Limited shares


Vella, Ivan**


1,347
 


1,561
 


N/A


N/A


1,561
 


01/12/2020



*The number of shares vested includes additional shares calculated to reflect dividends declared during the vesting period on the original shares granted.
** Deferral was 25% of annual bonus as it related to a performance year prior to becoming a PDMR.
 
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 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



 

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