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Rio Tinto - Director/PDMR Shareholding

RNS Number : 0411A
Rio Tinto PLC
24 September 2020
 

 

Shareholdings of persons discharging managerial responsibility (PDMR)

 

Dividend Reinvestment

 

24 September 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).

 

Vested Share Account (VSA)

 

Rio Tinto plc ordinary shares of 10p each and Rio Tinto Limited ordinary shares ('Shares') held in a VSA are subject to dividend reinvestment whereby cash dividends are used to buy Shares in the market.  

 

On 23 September 2020 the following PDMRs acquired shares in Rio Tinto plc by way of reinvestment of dividends received on shares held in a VSA.

 

Security

Name of PDMR

Number of Shares Acquired

Price per Share

GBP

Rio Tinto plc shares

Baatar, Bold

335.30002

49.7932

Rio Tinto plc shares

Barrios, Alfredo

1,668.2015

49.7932

Rio Tinto plc shares

Soirat, Arnaud

52.37182

49.7932

 

On 24 September 2020 the following PDMRs acquired shares in Rio Tinto Limited by way of reinvestment of dividends received on shares held in a VSA.

 

Security

Name of PDMR

Number of Shares Acquired

Price per Share

AUD

Rio Tinto Limited shares

Soirat, Arnaud

593.95815

101.0800

Rio Tinto Limited shares

Vella, Ivan

17.63227

101.0800

 

UK Share Plan (UKSP)

 

The UKSP is an HMRC approved Share Incentive Plan under which qualifying UK employees are able to purchase, on a quarterly basis, Rio Tinto plc shares. Rio Tinto plc shares are purchased out of monthly deductions from salary, and participants are allocated an equivalent number of shares free of charge (UKSP matching shares).  Qualifying UK employees are also awarded Free Shares once a year.

 

Rio Tinto plc shares held in the UKSP are subject to dividend reinvestment whereby cash dividends are used to buy Rio Tinto plc shares in the market.

 

On 22 September 2020 the following PDMRs acquired shares in Rio Tinto plc by way of reinvestment of dividends received on shares held in a UKSP.

 

 

Security

Name of PDMR

Number of Shares Acquired

Price per Share

GBP

Rio Tinto plc shares

Baatar, Bold

8

49.7932

Rio Tinto plc shares

Jacques, Jean-Sébastien

56

49.7932

Rio Tinto plc shares

Soirat, Arnaud

10

49.7932

Rio Tinto plc shares

Stausholm, Jakob

5

49.7932

 

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.

 

Rio Tinto Shares held in myShare are subject to dividend reinvestment whereby cash dividends are used to buy Shares in the market under the terms of myShare. 

 

On 23 September 2020 the following PDMRs acquired Rio Tinto plc shares by way of reinvestment of dividends received on shares held in myShare.

 

Security

Name of PDMR

Number of Shares Acquired

Price per Share

GBP

Rio Tinto plc shares

Baatar, Bold

10.8986

49.7932

Rio Tinto plc shares

Barrios, Alfredo

20.892

49.7932

Rio Tinto plc shares

Jacques, Jean-Sébastien

15.246

49.7932

Rio Tinto plc shares

Stausholm, Jakob

1.0563

49.7932

Rio Tinto plc shares

Trott, Simon

4.2772

49.7932

 

On 24 September 2020 the following PDMRs acquired Rio Tinto Limited shares by way of reinvestment of dividends received on shares held in myShare.

 

Security

Name of PDMR

Number of Shares Acquired

Price per Share

AUD

Rio Tinto Limited shares

Trott, Simon

26.6168

101.0800

Rio Tinto Limited shares

Vella, Ivan

4.4157

101.0800

 

Rio Tinto plc and Rio Tinto Limited dividend reinvestment plans

 

Rio Tinto plc and Rio Tinto Limited offer a dividend reinvestment plan that gives shareholders of Rio Tinto plc ordinary shares of 10p each and Rio Tinto Limited ordinary shares ('Shares') the opportunity to use their cash dividends to buy Rio Tinto plc or Rio Tinto Limited shares respectively, in the market.

 

On 22 September 2020 the following PDMR acquired ordinary shares in Rio Tinto plc under a dividend reinvestment plan.

 

 

Security

Name of PDMR

Number of Shares Acquired

Price per Share

GBP

Rio Tinto plc shares

Soirat, Arnaud

10

49.7932

 

 

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

6 St James's Square

London

SW1Y 4AD

 

T +44 20 7781 2000

Registered 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

 

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Price: 4357

Market: LSE
Market Cap: £54.32 billion
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