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Director/PDMR Shareholding

23 Oct 2019 14:46

RNS Number : 8997Q
Rio Tinto PLC
23 October 2019
 

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

 

23 October 2019

 

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 are able to purchase, on a quarterly basis, Rio Tinto plc ordinary shares of 10p each, Rio Tinto plc ADRs 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 or ADRs free of charge ('matching shares' and 'matching ADRs'), conditional upon satisfying the terms of myShare. The matching shares or matching ADRs are subject to a three year holding period, and vest after this period.

 

Upon vesting, on 17 October 2019, the following PDMR/KMPs received matching shares or matching ADRs under myShare, of which sufficient were sold on 21 October 2019 to pay applicable withholding tax and other deductions.

 

Security

Name of PDMR/KMP

No: of Matching Shares Granted

No: of Shares Vested*

No: of Shares Sold

Price per Share Sold

 

No: of Shares Retained

Rio Tinto plc shares

Baatar, Bold

21.2015

25.9576

10.5618

40.070466 GBP

15.3958

Rio Tinto plc shares

Barrios, Alfredo

28.6390

 

35.0633

15.5569

40.070466 GBP

19.5064

Rio Tinto plc shares

 

Jacques,

Jean-Sébastien

14.3581

17.5785

7.3831

40.070466 GBP

10.1954

Rio Tinto Limited shares

Trott, Simon

27.5251

32.4981

N/A

N/A

32.4981

 

\* The number of shares vested includes additional shares calculated to reflect dividends declared during the vesting period on the original shares granted, in accordance with the plan rules.

 

FCA notifications in accordance with the EU Market Abuse Regulation have been issued to the London Stock Exchange contemporaneously with this release.

 

LEI: 213800YOEO5OQ72G2R82Classification: 2.2. Information disclosed under article 19 of the Market Abuse Regulation

 

Steve Allen

Group Company Secretary

 

Tim Paine

Joint Company Secretary

Rio Tinto plc

6 St James's Square

London SW1Y 4AD

United Kingdom

 

T +44 20 7781 2058Registered in England

No. 719885

 

 

Rio Tinto Limited

Level 7, 360 Collins Street

Melbourne 3000

Australia

 

T +61 3 9283 3333

Registered in Australia

ABN 96 004 458 404

 

 

 

 

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
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