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Rio Tinto - Director/PDMR Shareholding

RNS Number : 7808A
Rio Tinto PLC
23 January 2020
 

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

 

23 January 2020

 

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 January 2020, the following PDMR/KMPs received matching shares or matching ADRs under myShare, of which sufficient were sold on 21 January 2020 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

10.3496

 

12.4339

5.2224

45.378314

GBP

7.2115

Rio Tinto plc shares

Barrios, Alfredo

22.1787

26.6464

11.8225

45.378314

GBP

14.8239

Rio Tinto plc shares

 

Jacques,

Jean-Sébastien

10.8656

13.0541

5.4829

45.378314

GBP

7.5712

Rio Tinto Limited shares

Trott, Simon

22.0539

25.5340

N/A

N/A

25.5340

 

*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: 2.2. 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

United Kingdom

 

T +44 20 7781 2058
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

 

 

 

 

 

 

 

                                                                   


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 [email protected] or visit www.rns.com.
 
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Quick facts: Rio Tinto plc

Price: 3670

Market: LSE
Market Cap: £45.77 billion
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