REG - Rio Tinto - Director/PDMR Shareholding

Rio TintoAnnouncement

26/02/2024 16:30

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RNS Number : 4990E  Rio Tinto PLC  26 February 2024

 

Notice to
ASX/LSE

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

26 February 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
London Stock Exchange (LSE) and the Australian Securities Exchange (ASX).

 

On 23 February 2024, Simon Trott (a PDMR/KMP), sold Rio Tinto plc shares as
follows:

 

 Number of Shares Sold  Price Per Share

GBP
 35,000                 51.974614
 34,252                 52.020408

 

 

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 2019 is subject to a Total Shareholder Return (TSR)
performance measure.

 

On 22 February 2024, 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  No: of Shares Lapsed  No: of Shares Vested*  No: of Shares Sold  Price per Share  No: of Shares Retained  Date of Transaction
 Rio Tinto plc shares      Baatar, Bold       51,752                     (3,054)               67,518                 (31,415)            GBP 52.162929    36,103                  22/02/2024
 Rio Tinto plc shares      Barrios, Alf       57,011                     (3,364)               74,380                 (18,069)            GBP 52.162929    56,311                  22/02/2024
 Rio Tinto plc shares      Cunningham, Peter  6,489                      (383)                 8,465                  (3,939)             GBP 52.162929    4,526                   22/02/2024
 Rio Tinto Limited shares  Kaufman, Sinead    6,291                      (372)                 7,666                  (3,659)             AUD 124.24       4,007                   22/02/2024
 Rio Tinto plc shares      Stausholm, Jakob   79,609                     (4,697)               103,863                (34,810)            GBP 52.162929    69,053                  22/02/2024
 Rio Tinto plc shares      Trott, Simon       50,598                     (2,986)               66,012                 (15,684)            GBP 52.162929    50,328                  22/02/2024

*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 22 February 2024, 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  No: of Shares Vested*  No: of Shares Sold  Price per Share  No: of Shares Retained  Date of Transaction
 Rio Tinto plc shares  Cunningham, Peter  4,781                      5,947                  (2,768)             GBP 52.162929    3,179                   22/02/2024

 

 

*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,        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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