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Rio Tinto - Director/PDMR Shareholding

RNS Number : 6429K
Rio Tinto PLC
23 April 2020
 

 

Shareholdings of persons discharging managerial responsibility (PDMR)

 

Dividend Reinvestment

 

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).

 

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 21 April 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

462.96931

36.9866

Rio Tinto plc shares

Barrios, Alfredo

2,618.15579

36.9866

Rio Tinto plc shares

Soirat, Arnaud

99.73641

36.9866

 

On 22 April 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

Salisbury, Christopher

369.05819

91.7600

Rio Tinto Limited shares

Soirat, Arnaud

1,234.2088

91.7600

Rio Tinto Limited shares

Trott, Simon

290.0803

91.7600

 

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 21 April 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

11

36.9866

Rio Tinto plc shares

Jacques, Jean-Sébastien

102

36.9866

Rio Tinto plc shares

Soirat, Arnaud

14

36.9866

Rio Tinto plc shares

Stausholm, Jakob

4

36.9866

 

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 21 April 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

18.717

36.9866

Rio Tinto plc shares

Barrios, Alfredo

36.8273

36.9866

Rio Tinto plc shares

Jacques, Jean-Sébastien

28.2686

36.9866

Rio Tinto plc shares

Stausholm, Jakob

1.2207

36.9866

Rio Tinto plc shares

Trott, Simon

8.1437

36.9866

 

On 22 April 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

43.6515

91.7600

 

 

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

 


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: 4528.5

Market: LSE
Market Cap: £56.48 billion
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