REG - Rio Tinto - Director/PDMR Shareholding

Rio TintoAnnouncement

22/01/2024 18:15

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RNS Number : 5139A  Rio Tinto PLC  22 January 2024

 

Notice to
ASX/LSE

 

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

22 January 2024

 

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).

 

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 are purchased out of 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.

 

myShare vesting

 

On 18 January 2024, the following PDMR / KMP received their vested matching
shares under myShare, of which sufficient were sold on 18 January 2024 to pay
applicable withholding taxes and other deductions.

 

 Security                  Name of PDMR / KMP  Number of matching shares originally awarded  Number of shares vested*  Number of shares sold  Price per share sold  Number of shares retained
 Rio Tinto plc             Baatar, Bold        6.3003                                        8.1307                    3.414854               GBP 54.285            4.715846

 shares
 Rio Tinto plc             Barrios, Alfredo    12.5084                                       16.1434                   0.956933               GBP 54.285            15.186467

 shares
 Rio Tinto plc             Cunningham, Peter   6.3003                                        8.1307                    3.414854               GBP 54.285            4.715846

 shares
 Rio Tinto Limited shares  Kaufman, Sinead     11.7914                                       14.4669                   -                      -                     14.4669
 Rio Tinto plc             Stausholm, Jakob    6.3003                                        8.1307                    3.414854               GBP 54.285            4.715846

 shares

 

*The number of shares vested includes additional shares calculated to reflect
dividends declared during the vesting period on the original matching shares
awarded, in accordance with the plan rules.

 

 

 

 

 

 

 

myShare purchase

 

On 17 January 2024, the following PDMR / KMP acquired shares under myShare and
were allocated the same number of matching share awards.

 

 Security                  Name of            Number of shares acquired  Number of matching shares awarded  Price per share

                           PDMR / KMP
 Rio Tinto plc shares      Baatar, Bold       7.034766                   7.034766                           GBP 53.30666
 Rio Tinto plc shares      Barrios, Alf       18.951288                  18.951288                          GBP 53.30666
 Rio Tinto plc shares      Cunningham, Peter  7.034766                   7.034766                           GBP 53.30666
 Rio Tinto Limited shares  Kaufman, Sinead    11.004867                  11.004867                          AUD 127.0347
 Rio Tinto plc shares      Stausholm, Jakob   7.034766                   7.034766                           GBP 53.30666

 

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
(matching shares). Qualifying UK employees are also awarded Free Shares once a
year.

 

On 17 January 2024, the following PDMR / KMP purchased shares under the UKSP
and were allocated the same number of matching shares.

 

 Security              Name of PDMR      Number of shares acquired  Number of matching shares awarded  Price per share
 Rio Tinto plc shares  Baatar, Bold      7                          7                                  GBP 53.30666
 Rio Tinto plc shares  Stausholm, Jakob  7                          7                                  GBP 53.30666

 

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,        Media Relations,               Media Relations,
 United Kingdom          Australia                      Americas

 
 
 

 Matthew Klar            Matt Chambers                  Simon Letendre

 M +44 7796 630 637      M +61 433 525 739              M +1 514 796 4973

 David Outhwaite         Jesse Riseborough              Malika Cherry

 M +44 7787 597 493      M +61 436 653 412              M +1 418 592 7293

                         Alyesha Anderson               Vanessa Damha

                         M +61 434 868 118              M +1 514 715 2152

                         Michelle Lee

                         M +61 458 609 322

 Investor Relations,     Investor Relations,
 United Kingdom          Australia

 
 

 Menno Sanderse          Tom Gallop

 M +44 7825 195 178      M +61 439 353 948

 David Ovington          Amar Jambaa

 M +44 7920 010 978      M +61 472 865 948

 Laura Brooks

 M +44 7826 942 797

 Rio Tinto plc           Rio Tinto Limited

 
 

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

 London SW1Y 4AD         Melbourne 3000

 United Kingdom          Australia

 T +44 20 7781 2000      T +61 3 9283 3333

 Registered in England   Registered in Australia

 No. 719885              ABN 96 004 458 404

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

 

 

 

 

 

 

riotinto.com

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