Rio Tinto PLC Director/PDMR Shareholding (3402V)
21 July 2018 - 12:01AM
UK Regulatory
TIDMRIO
RNS Number : 3402V
Rio Tinto PLC
20 July 2018
Shareholdings of directors and persons discharging managerial
responsibility (PDMR) / Key Management Personnel (KMP)
20 July 2018
Rio Tinto plc notifies the London Stock Exchange (LSE) of
PDMR/KMP interests in securities of Rio Tinto plc, in compliance
with the EU Market Abuse Regulation. As part of its dual listed
company structure, Rio Tinto voluntarily notifies the Australian
Securities Exchange (ASX) of material dealings in Rio Tinto plc
shares by PDMR/KMP and both the ASX and the LSE of material
dealings by PDMR/KMP in Rio Tinto Limited securities.
Global Employee Share Plan (GESP)
Under the GESP employees are able to purchase, on a quarterly
basis, Rio Tinto plc ordinary shares of 10p each ('shares'), 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 the GESP. The matching shares or
matching ADRs are subject to a three year holding period, and vest
after this period. At the time of vesting, participants can elect
to receive their awards for nil consideration either as shares or
as cash from the proceeds of a sale of shares.
On 17 July 2018, the following PDMR/KMPs elected to receive the
vested matching shares under the GESP in the form of shares, of
which sufficient were sold on 19 July 2018 to pay applicable
withholding tax and other deductions.
Security Name of PDMR/KMP No: of No: of No: of Price per No: of
Matching Matching Shares Share Sold Shares
Shares Shares Sold Retained
Granted Vested*
Rio Tinto Barrios, 40.776263
plc shares Alfredo 25.456 28.5433 12.6641 GBP 15.8792
---------------------- ---------- ---------- -------- ------------ ----------
Rio Tinto
Limited Farrell,
shares Joanne 26.3674 29.2633 13.7538 80.35 AUD 15.5095
---------------------- ---------- ---------- -------- ------------ ----------
Rio Tinto Jacques, 40.776263
plc shares Jean-Sébastien 14.335 16.073 6.7508 GBP 9.3222
---------------------- ---------- ---------- -------- ------------ ----------
Rio Tinto
Limited McIntosh,
shares Stephen 26.3674 29.2633 13.7538 80.35 AUD 15.5095
---------------------- ---------- ---------- -------- ------------ ----------
Rio Tinto
Limited
shares Trott, Simon 26.3674 29.2633 N/A N/A 29.2633
---------------------- ---------- ---------- -------- ------------ ----------
*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 GESP 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. Inside information disclosed under article
19 of the Market Abuse Regulation
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 2058 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
DSHXBLFLVDFFBBZ
(END) Dow Jones Newswires
July 20, 2018 10:01 ET (14:01 GMT)
Rio Tinto (LSE:0KWZ)
Historical Stock Chart
From Apr 2024 to May 2024
Rio Tinto (LSE:0KWZ)
Historical Stock Chart
From May 2023 to May 2024