Last checked at 23 Mar 2023 16:00
Notice to ASX/LSE
Shareholdings of Persons Discharging Managerial Responsibility (PDMR) / Key Management Personnel (KMP)
23 March 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).
Rio Tinto Equity Incentive Plan 2018 (EIP)
Bonus Deferral Awards and Performance Share Awards
The Remuneration Committee has approved a partial deferral of the 2022 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 2025.
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 2023 PSA will be measured against the Total Shareholder Return performance conditions after five years (as at the end of 2027).
Consistent with the terms of our remuneration policy, the following PDMRs were awarded the following share awards on 22 March 2023:
| Rio Tinto plc | Rio Tinto Limited | ||
PDMR | Number of shares awarded as BDA | Number of shares awarded as PSA | Number of shares awarded as BDA | Number of shares awarded as PSA |
Stausholm, Jakob | 10,488 | 93,114 | ||
Cunningham, Peter | 5,827 | 55,134 | ||
Baatar, Bold | 5,463 | 50,672 | ||
Barrios, Alfredo | 5,549 | 51,626 | ||
Kaufman, Sinead | 4,278 | 40,045 | ||
Trott, Simon | 4,683 | 44,488 | ||
Vella, Ivan | 4,261 | 48,648 | ||
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
| Media Relations,Americas
Simon Letendre M +514 796 4973
Malika Cherry M +1 418 592 7293 |
Investor Relations,United Kingdom
Menno Sanderse M +44 7825 195 178
David Ovington M +44 7920 010 978
Clare Peever M +44 7788 967 877
| 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 Steve Allen, Rio Tinto's Group Company Secretary.
riotinto.com