Last checked at 26 Feb 2024 16:30
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 ShareGBP |
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: 213800YOEO5OQ72G2R82Classification: 3.1. Information disclosed under article 19 of the Market Abuse Regulation.
Contacts
Please direct all enquiries to media.enquiries@riotinto.com
Media Relations,United Kingdom
Matthew Klar M +44 7796 630 637
David Outhwaite M +44 7787 597 493
| Media Relations,Australia
Matt Chambers M +61 433 525 739
Jesse Riseborough M +61 436 653 412
Alyesha Anderson M +61 434 868 118
Michelle Lee M +61 458 609 322
| Media Relations,Americas
Simon Letendre M +1 514 796 4973
Malika Cherry M +1 418 592 7293
Vanessa Damha M +1 514 715 2152 |
Investor Relations,United Kingdom
Menno Sanderse M +44 7825 195 178
David Ovington M +44 7920 010 978
Laura Brooks M +44 7826 942 797
| Investor Relations,Australia
Tom Gallop M +61 439 353 948
Amar Jambaa M +61 472 865 948
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Rio Tinto plc
6 St James's Square London SW1Y 4AD United Kingdom T +44 20 7781 2000
Registered in England No. 719885
| Rio Tinto Limited
Level 43, 120 Collins Street Melbourne 3000 Australia T +61 3 9283 3333
Registered in Australia 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