REG - Rio Tinto - Director/PDMR Shareholding

Rio TintoAnnouncement

06/12/2022 15:00

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RNS Number : 7749I  Rio Tinto PLC  06 December 2022

 

 

6 December 2022

 

Shareholdings of persons discharging managerial responsibility (PDMR) / Key
Management Personnel (KMP)

 

As part of its dual listed company structure, Rio Tinto notifies dealings in
Rio Tinto plc and Rio Tinto Limited securities by PDMR/KMP 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 2022, Rio Tinto was notified that the following PDMR / KMP
received their vested 2020 BDA 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         9,329                      11,698                 5,526               GBP 55.709223    6,172                   01/12/2022

 Rio Tinto plc shares      Barrios, Alfredo     8,724                      10,939                 3,310               GBP 55.709223    7,629                   01/12/2022

 Rio Tinto plc shares      Cunningham, Peter**  1,802                      2,259                  1,068               GBP 55.709223    1,191                   01/12/2022

 Rio Tinto Limited shares  Kaufman, Sinead**    1,645                      2,036                  952                 AUD 110.55       1,084                   01/12/2022

 Rio Tinto plc shares      Stausholm, Jakob     13,454                     16,870                 4,964               GBP 55.709223    11,906                  01/12/2022

 Rio Tinto plc shares      Trott, Simon         9,615                      12,056                 2,666               GBP 55.709223    9,390                   01/12/2022

 Rio Tinto Limited shares  Vella, Ivan**        1,201                      1,486                  280                 AUD 110.55       1,206                   01/12/2022

*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.

 

 

 

 

 

 

 Contacts  Please direct all enquiries to media.enquiries@riotinto.com

 

 Media Relations, UK         Media Relations, Australia

 Matthew Klar                Matt Chambers

 M+ 44 7796 630 637          M +61 433 525 739

 David Outhwaite             Jesse Riseborough

 M +44 7787 597 493          M +61 436 653 412

 Media Relations, Americas

 Simon Letendre
 M +514 796 4973

Malika Cherry

M  +1 418 592 7293

 Investor Relations, UK      Investor Relations, Australia

 Menno Sanderse              Tom Gallop

                           M +61 439 353 948
 M: +44 7825 195 178
Amar Jambaa

                             M +61 472 865 948

 David Ovington

 M +44 7920 010 978

 Clare Peever

 M +44 7788 967 877

 Rio Tinto plc               Rio Tinto Limited

 6 St James's Square         Level 43, 120 Collins Street

London SW1Y 4AD

United Kingdom             Melbourne 3000

 T +44 20 7781 2000          Australia

Registered in England

 No. 719885

                             T +61 3 9283 3333

                             Registered in Australia

                             ABN 96 004 458 404

 

This announcement is authorised for release to the market by Steve Allen, Rio
Tinto's Group Company Secretary.

 

riotinto.com

 

 

 

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