TIDMRIO

RNS Number : 2664J

Rio Tinto PLC

08 April 2020

Rio Tinto plc - 2020 annual general meeting voting results

8 April 2020

The annual general meeting of Rio Tinto plc was held on 8 April 2020.

Under Rio Tinto's dual listed companies structure established in 1995, decisions on significant matters affecting shareholders of Rio Tinto plc and Rio Tinto Limited in similar ways are taken through a joint electoral procedure. Resolutions 1 to 20 of the Rio Tinto plc annual general meeting fall into this category, and the results of the voting on these resolutions will be announced shortly after the Rio Tinto Limited annual general meeting which will be held in Australia on 7 May 2020.

Resolution 21 requires approval by a majority of shareholders of each of Rio Tinto plc and Rio Tinto Limited voting as separate electorates. As such, the results of the voting on resolution 21 will also be announced shortly after the Rio Tinto Limited annual general meeting.

The remaining resolutions 22 to 25 were put to Rio Tinto plc shareholders on a poll at the annual general meeting today. The results of that poll are set out below.

Simon Thompson, Rio Tinto Chairman said "I am pleased that the current restrictions on public gatherings did not prevent us from engaging with our shareholders, albeit virtually, and that J-S and I were able to answer questions on a broad range of topics. We would like to thank all of our shareholders for their continued support and understanding in these difficult times."

The addresses given by the Chairman and the Chief Executive are available at https://www.riotinto.com/invest/shareholder-information/annual-general-meetings .

 
 Resolutions           For/Discretion     % for /        Against       Total votes    % of issued     Withheld* 
                        (no of votes)    discretion    (no of votes)     validly      share capital 
                                                                           cast           voted 
 22. General 
  authority 
  to allot 
  shares                 849,333,521      91.13%        82,692,224     932,025,745       74.76%       13,619,976 
                      ---------------  ------------  ---------------  ------------  ---------------  ----------- 
 23. Disapplication 
  of pre-emption 
  rights                930,240,971       99.82%        1,699,825      931,940,796       74.75%       13,709,030 
                      ---------------  ------------  ---------------  ------------  ---------------  ----------- 
 24. Authority 
  to purchase 
  Rio Tinto 
  plc shares            733,475,577       78.69%       198,665,382     932,140,959       74.77%       13,508,632 
                      ---------------  ------------  ---------------  ------------  ---------------  ----------- 
 25. Notice 
  period for 
  general 
  meetings 
  other than 
  annual general 
  meetings              886,282,789       95.54%        41,359,094     927,641,883       74.41%       18,009,115 
                      ---------------  ------------  ---------------  ------------  ---------------  -----------

*It should be noted that a vote 'withheld' is not a vote in law and is not counted in the calculation of the proportion of votes for and against each resolution.

For the purposes of section 341 of the UK Companies Act 2006, the votes validly cast are expressed in the table as a percentage of Rio Tinto plc's total issued share capital (excluding shares held in Treasury) as at 8pm on 6 April 2020, being the time at which a shareholder had to be registered in the Company's register of members in order to attend and vote at the annual general meeting. The number of shares in issue was 1,255,726,174 (excluding Treasury shares 1,246,679,820 ).

The Company notes that Resolution 24 'Authority to purchase Rio Tinto plc shares' was passed with less than 80% of votes in favour. Shining Prospect (a subsidiary of the Aluminium Corporation of China "Chinalco") voted against Resolution 24. Chinalco has not sold any of its shares in Rio Tinto plc and now has a holding of just over 14% given its non-participation in the Company's significant share buyback programmes. This places Chinalco close to the 14.99% holding threshold agreed with the Australian Government at the time of its original investment in Rio Tinto.

In accordance with Listing Rule 9.6.2 copies of all the resolutions passed, other than ordinary business, will be submitted to the National Storage Mechanism and will shortly be available for inspection at http://www.morningstar.co.uk/uk/NSM .

LEI: 213800YOEO5OQ72G2R82

Classification: 3.1. Additional regulated information required to be disclosed under the laws of a Member State

This announcement is authorised for release to the market by Rio Tinto's Group Company Secretary.

Contacts

media.enquiries@riotinto.com

riotinto.com

Follow @RioTinto on Twitter

 
 Media Relations, United Kingdom        Media Relations, Australia 
  Illtud Harri                           Jonathan Rose 
  M +44 7920 503 600                     T +61 3 9283 3088 
                                         M +61 447 028 913 
  David Outhwaite 
  T +44 20 7781 1623                     Matt Chambers 
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                                         M +61 433 525 739 
  Media Relations, Americas 
  Matthew Klar                           Jesse Riseborough 
  T +1 514 608 4429                      T +61 8 6211 6013 
                                         M +61 436 653 412 
  Media Relations, Asia 
  Grant Donald 
  T +65 6679 9290 
  M +65 9722 6028 
=====================================  ================================ 
 
   Investor Relations, United Kingdom     Investor Relations, Australia 
   Menno Sanderse                         Natalie Worley 
   T: +44 20 7781 1517                    T +61 3 9283 3063 
   M: +44 7825 195 178                    M +61 409 210 462 
 
   David Ovington                         Amar Jambaa 
   T +44 20 7781 2051                     T +61 3 9283 3627 
   M +44 7920 010 978                     M +61 472 865 948 
=====================================  ================================ 
 
   Group Company Secretary                Joint Company Secretary 
   Steve Allen                            Tim Paine 
   Rio Tinto plc                          Rio Tinto Limited 
   6 St James's Square                    Level 7, 360 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 
                                       --------------------------------

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