REG - Rio Tinto - Director/PDMR Shareholding

Rio TintoAnnouncement

25/03/2022 15:00

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RNS Number : 1060G  Rio Tinto PLC  25 March 2022

 

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

 

Rio Tinto Equity Incentive Plan 2018 (EIP)

Bonus Deferral Awards and Performance Share Awards

 

The Remuneration Committee has approved a partial deferral of the 2021 annual
bonus for members of the Executive Committee to be delivered as a Bonus
Deferral Award (BDA). Grants of BDA are made under the EIP over either Rio
Tinto plc shares or Rio Tinto Limited shares (shares). These awards will vest
on 1 December 2024.

 

Performance Share Awards (PSA) are granted under the EIP and provides
participants with the conditional right, subject to performance conditions
being met, to receive shares. The 2022 PSA will be measured against the Total
Shareholder Return performance conditions after five years (as at the end of
2026).

 

Consistent with the terms of both the current remuneration policy and the new
remuneration policy submitted to shareholders for a vote at the 2022 Annual
General Meetings, the following PDMR / KMPs were awarded the following share
awards on 23 March 2022:

 

                    Rio Tinto plc                                               Rio Tinto Limited
 PDMR / KMP         No. of shares awarded as BDA  No. of shares awarded as PSA  No. of shares awarded as BDA  No. of shares awarded as PSA
 Baatar, Bold       6,956                         44,414                        -                             -
 Barrios, Alfredo   6,466                         43,707                        -                             -
 Cunningham, Peter  5,203                         50,405                        -                             -
 Kaufman, Sinead    -                             -                             4,711                         36,042
 Stausholm, Jakob   13,017                        85,126                        -                             -
 Trott, Simon       -                             -                             5,494                         38,204
 Vella, Ivan        5,288                         41,731                        -                             -

 

 

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

 Illtud Harri                Jonathan Rose

 M +44 7920 503 600          M +61 447 028 913

 David Outhwaite             Matt Chambers

 M +44 7787 597 493          M +61 433 525 739

 Media Relations, Americas   Jesse Riseborough

 Matthew Klar                M +61 436 653 412

 T +1 514 608 4429

                             Investor Relations, Australia

 Investor Relations, UK      Amar Jambaa

 Menno Sanderse              M +61 472 865 948

 M: +44 7825 195 178

 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 7, 360 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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