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REG - Rio Tinto - Director/PDMR Shareholding

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RNS Number : 9348W  Rio Tinto PLC  20 April 2023

 

Notice to
ASX/LSE

 

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

20 April 2023

 

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 can purchase, on a quarterly basis, Rio Tinto plc
ordinary shares of 10p each or Rio Tinto Limited ordinary shares ('shares').
Shares are purchased out of monthly deductions from salary, and participants
are allocated an equivalent number of shares free of charge ('matching
shares'), conditional upon satisfying the terms of myShare. Matching shares
are subject to a three-year holding period, after which they vest.

 

myShare vesting

 

On 17 April 2023, the following PDMRs / KMPs received their vested matching
shares under myShare, of which sufficient were sold on 17 April 2023 to pay
applicable withholding tax 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        9.6301                                        12.4129                   5.36858                GBP 55.85989          7.04432

 shares
 Rio Tinto plc             Barrios, Alfredo    19.0252                                       24.5237                   3.992851               GBP 55.85989          20.530849

 shares
 Rio Tinto plc             Cunningham, Peter   9.6301                                        12.4129                   5.36858                GBP 55.85989          7.04432

 shares
 Rio Tinto Limited shares  Kaufman, Sinead     15.2353                                       18.9107                   0                      AUD 120.2621          18.9107
 Rio Tinto plc             Stausholm, Jakob    9.6301                                        12.4129                   5.36858                GBP 55.85989          7.04432

 shares
 Rio Tinto Limited shares  Vella, Ivan         13.0775                                       16.2323                   7.903751               AUD 120.2621          8.328549

 

*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 April 2023, the following PDMRs / KMPs acquired Rio Tinto shares under
myShare and were allocated the same number of matching share awards as
follows:

 

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

                           PDMR / KMP
 Rio Tinto plc shares      Baatar, Bold       6.753903                   6.753903                           GBP 55.52345
 Rio Tinto plc shares      Barrios, Alf       18.929838                  18.929838                          GBP 55.52345
 Rio Tinto plc shares      Cunningham, Peter  6.753903                   6.753903                           GBP 55.52345
 Rio Tinto Limited shares  Kaufman, Sinead    11.553966                  11.553966                          AUD 120.9974
 Rio Tinto plc shares      Stausholm, Jakob   6.753903                   6.753903                           GBP 55.52345
 Rio Tinto plc shares      Vella, Ivan        14.509905                  14.509905                          GBP 55.52345

 

UK Share Plan (UKSP)

 

The UKSP is an HMRC approved Share Incentive Plan under which qualifying UK
employees can 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
 (UKSP matching shares).

 

On 17 April 2023, the following PDMRs / KMPs purchased Rio Tinto plc shares
under the UKSP and were allocated the same number of matching shares as
follows:

 

 Name of PDMR      Number of shares acquired  Number of matching shares awarded  Price per share
 Baatar, Bold      7                          7                                  GBP 55.52345
 Stausholm, Jakob  7                          7                                  GBP 55.52345

 

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 +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

                         M +61 434 868 118

 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

 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         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 Steve Allen, Rio
Tinto's Group Company Secretary.

 

 

 

 

 

 

 

 

 

 

riotinto.com

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