Rio Tinto PLC Director/PDMR Shareholding (6946K)
April 23 2020 - 11:01AM
UK Regulatory
TIDMRIO
RNS Number : 6946K
Rio Tinto PLC
23 April 2020
Shareholdings of directors and persons discharging managerial
responsibility (PDMR)
23 April 2020
As part of its dual listed company structure, Rio Tinto notifies
dealings in Rio Tinto plc and Rio Tinto Limited securities by PDMRs
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 18 April 2020, the following PDMR received
matching shares or matching ADRs under myShare, of which sufficient
were sold on 21 April 2020 to pay applicable withholding tax and
other deductions.
Security Name of PDMR No: of No: of No: of Price per No: of
Matching Shares Shares Share Sold Shares
Shares Vested* Sold Retained
Granted
Rio Tinto 36.887292
plc shares Baatar, Bold 16.4310 20.7464 8.7137 GBP 12.0327
---------------------- ---------- --------- -------- ------------ ----------
Rio Tinto Barrios, 36.887292
plc shares Alfredo 25.4454 32.1293 15.3542 GBP 16.7751
---------------------- ---------- --------- -------- ------------ ----------
Rio Tinto Jacques, 36.887292
plc shares Jean-Sébastien 12.3232 15.5596 6.5352 GBP 9.0244
---------------------- ---------- --------- -------- ------------ ----------
Rio Tinto
Limited
shares Trott, Simon 24.0330 28.8418 N/A N/A 28.8418
---------------------- ---------- --------- -------- ------------ ----------
*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: 213800YOEO5OQ72G2R82
Classification: 3.1. Information disclosed under article 19 of
the Market Abuse Regulation.
This announcement is authorised for release to the market by Rio
Tinto's Group Company Secretary.
Steve Allen Group Company Secretary Tim Paine
Joint Company Secretary
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
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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