REG - Rio Tinto - Director/PDMR Shareholding

Rio TintoAnnouncement

27/02/2023 16:00

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RNS Number : 1607R  Rio Tinto PLC  27 February 2023

 

 

27 February 2023

 

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 PDMRs / KMPs to both the
Australian Securities Exchange (ASX) and the London Stock Exchange (LSE).

 

Performance Share Award ("PSA") granted under the Rio Tinto 2018 Equity
Incentive Plan

 

The PSA is a performance based award which provides participants with the
conditional right to receive Rio Tinto plc or Rio Tinto Limited shares,
subject to performance conditions being met.

 

The PSA granted in 2018 is subject to a Total Shareholder Return (TSR)
performance measure.

 

On 23 February 2023, the following PDMRs / KMPs received their vested PSA 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  Number of shares lapsed  Number of shares vested*  Number of shares sold  Price per share  Number of shares retained  Date of transaction
 Rio Tinto plc shares      Stausholm, Jakob    29,886                     0                        39,894                    11,903                 GBP 59.221903    27,991                     23/02/2023
 Rio Tinto plc shares      Cunningham, Peter   7,229                      0                        9,763                     4,648                  GBP 59.221903    5,115                      23/02/2023
 Rio Tinto plc shares      Baatar, Bold        63,039                     0                        85,143                    40,530                 GBP 59.221903    44,613                     23/02/2023
 Rio Tinto plc shares      Barrios, Alfredo    66,050                     0                        89,209                    31,363                 GBP 59.221903    57,846                     23/02/2023
 Rio Tinto Limited shares  Kaufman, Sinead     6,322                      0                        8,324                     4,017                  AUD 122.5763     4,307                      23/02/2023
 Rio Tinto plc shares      Trott, Simon        57,188                     0                        77,240                    18,775                 GBP 59.221903    58,465                     23/02/2023
 Rio Tinto Limited shares  Vella, Ivan         13,376                     0                        17,613                    4,247                  AUD 122.5763     13,366                     23/02/2023

*The number of shares vested includes additional shares calculated to reflect
dividends declared during the vesting period.

 

Management Share Awards ("MSA") granted under the Rio Tinto 2018 Equity
Incentive Plan

 

The MSA provides participants with a conditional right to receive Rio Tinto
plc or Rio Tinto Limited shares, subject to continuous employment.

 

On 23 February 2023, the following PDMRs / KMPs received their vested MSA in
the form of shares, of which sufficient were sold to pay applicable
withholding tax and other deductions. All MSA included in this announcement
were granted prior to the PDMR/KMP becoming a member of the Executive
Committee.

 

 

 Security                  Name of PDMR / KMP  Conditional award granted  Number of shares vested*  Number of shares sold  Price per share  Number of shares retained  Date of transaction
 Rio Tinto plc shares      Cunningham, Peter   3,713                      4,551                     2,167                  GBP 59.221903    2,384                      23/02/2023
 Rio Tinto Limited shares  Kaufman, Sinead     4,289                      5,160                     2,491                  AUD 122.5763     2,669                      23/02/2023
 Rio Tinto Limited shares  Vella, Ivan         1,931                      2,323                     787                    AUD 122.5763     1,536                      23/02/2023

*The number of shares vested includes additional shares calculated to reflect
dividends declared during the vesting period on the original shares granted.

 

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   Alyesha Anderson

 Simon Letendre              M +61 434 868 118
 M +1 514 796 4973

Malika Cherry

M +1 418 592 7293

 Investor Relations, UK

 Menno Sanderse              Investor Relations, Australia

 M +44 7825 195 178          Tom Gallop

                           M +61 439 353 948

Amar Jambaa

 David Ovington              M +61 472 865 948

 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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