Rio Tinto Regulatory News (RIO)

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

Rio Tinto Bonus Deferral Plan ("BDP")

Rio Tinto Performance Share Plan ("PSP")

11 March 2016

Rio Tinto plc notifies the London Stock Exchange (LSE) of PDMR/KMP interests in securities of Rio Tinto plc, in compliance with the UK Financial Conduct Authority's Disclosure and Transparency Rule 3.1. As part of its dual listed company structure, Rio Tinto voluntarily notifies the Australian Securities Exchange (ASX) of such dealings. Rio Tinto also notifies both ASX and LSE of all dealings by PDMR/KMP in Rio Tinto Limited securities.

The Remuneration committee has approved a 50% bonus deferral for members of the Executive committee under the BDP. All bonus deferrals are in Rio Tinto plc shares of 10p each or Rio Tinto Limited shares ("shares") valued using the five day average price of shares between 4 and 10 March 2016 which will vest on the basis of service at 1 December 2018.

The PSP is a performance share plan which provides participants with the conditional right, subject to performance conditions being met, to receive shares. The value of the shares is determined by taking the average of the middle market quotations from the LSE or ASX for each Friday in the year immediately preceding the commencement of the relevant performance period. As advised in the Rio Tinto 2015 annual report published on 3 March 2016 these values are £26.346 in the case of Rio Tinto plc and A$54.184 in the case of Rio Tinto Limited. The awards granted in 2016 will be measured against the performance conditions after five years (as at the end of 2020). The level of awards granted is as advised on pages 83 (Sam Walsh) 85 (Chris Lynch) and 87 (all others named below) of the annual report.

The following PDMR/KMP were awarded the following on 11 March 2016:

The requisite Appendix 3Y (Change of Director's Interest Notice) announcement in respect of Sam Walsh's BDP and PSP awards will be made to the ASX contemporaneously with the release of this announcement.

This announcement is made in compliance with the UK Financial Conduct Authority's Disclosure and Transparency Rule 3.1.