Rio Tinto PLC Director/PDMR Shareholding (2332R)

TIDMRIO

RNS Number : 2332R

Rio Tinto PLC

07 December 2016

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

7 December 2016

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 Regime Article 19 (3). 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 ASX and the London Stock Exchange (LSE) of material dealings by PDMR/KMP in Rio Tinto Limited securities.

Rio Tinto Bonus Deferral Plan ("BDP")

Under the terms of the BDP 50% of the annual bonuses of the participating executives are delivered in deferred ordinary shares of Rio Tinto plc or Rio Tinto Limited ("shares"), as applicable. The BDP Rights vest in December of the third year after the end of the performance year to which it relates.

The following PDMR/KMP elected to receive their vested 2014 award in the form of shares, of which sufficient were sold to pay applicable withholding tax and other deductions.

 
 Security    Name                   Conditional   No:         No:       No:       Price        No:         Date 
              of PDMR/KMP            Award        of           of        of        per Share    of         of 
                                     Granted      dividend     Shares    Shares    GBP          Shares     Transaction 
                                                  shares*      Vested    Sold                   Retained 
 Rio 
  Tinto      Jacques, 
  plc         Jean-Sébastien   8,259         834         9,093     4,374     30.36        4,719       5 /12/2016 
            ---------------------  ------------  ----------  --------  --------  -----------  ----------  ------------ 
 

The following PDMR/KMP elected to receive his vested 2014 award in the form of shares, of which sufficient were sold to pay applicable withholding tax and other deductions.

 
 Security    Name            Conditional   No:         No:       No:       Price        No:         Date 
              of PDMR/KMP     Award         of          of        of        per Share    of          of Transaction 
                              Granted       dividend    Shares    Shares    AUD          Shares 
                                            shares*     Vested    Sold                   Retained 
 Rio 
  Tinto      Soirat, 
  Limited     Arnaud         2,345         238         2,583     1,267     59.767703    1,316       6/12/2016 
            --------------  ------------  ----------  --------  --------  -----------  ----------  ---------------- 
 

*The number of shares vested includes additional shares calculated to reflect dividends declared during the vesting period on the original shares granted.

FCA notifications in accordance with the EU Market Abuse Regime have been issued to the London Stock Exchange contemporaneously with this release.

 
Victoria Hames             Tim Paine 
 Acting Company Secretary   Joint Company Secretary 
Rio Tinto plc              Rio Tinto Limited 
 6 St James's Square        120 Collins Street 
 London SW1Y 4AD            Melbourne 3000 
 United Kingdom             Australia 
 
 T [phone]         T [phone] 
 Registered in England      Registered in Australia 
 No. 719885                 ABN 96 004 458 404 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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December 07, 2016 11:00 ET (16:00 GMT)