Rio Tinto PLC Director/PDMR Shareholding (4731Y)

TIDMRIO

RNS Number : 4731Y

Rio Tinto PLC

05 December 2017

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

5 December 2017

Rio Tinto plc notifies the London Stock Exchange (LSE) of PDMR/KMP interests in securities of Rio Tinto plc, in compliance with Article 19 (3) of 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/KMPs and both the ASX and the LSE of material dealings by PDMR/KMPs 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.

On 4 December 2017, Rio Tinto was notified that the following PDMR/KMPs elected to receive their vested 2015 award in the form of shares, of which sufficient were sold to pay applicable withholding tax and other deductions.

 
 Security       Name of                 Conditional      No: of     No: of    Price per   No: of      Date of 
                 PDMR/KMP                Award Granted    Shares     Shares    Share       Shares      Transaction 
                                                          Vested*    Sold                  Retained 
-------------  ----------------------  ---------------  ---------  --------  ----------  ----------  ------------- 
 Rio Tinto      Baatar,                                                       34.9000 
  plc shares     Bold                   2,136            2,351      465        GBP        1,886       01/12/2017 
-------------  ----------------------  ---------------  ---------  --------  ----------  ----------  ------------- 
 Rio Tinto      Barrios,                                                      34.9000 
  plc shares     Alfredo                8,931            9,832      5,318      GBP        4,514       01/12/2017 
-------------  ----------------------  ---------------  ---------  --------  ----------  ----------  ------------- 
 Rio Tinto      Jacques,                                                      34.9000 
  plc shares     Jean-Sébastien    13,781           15,171     7,233      GBP        7,938       01/12/2017 
-------------  ----------------------  ---------------  ---------  --------  ----------  ----------  ------------- 
 Rio Tinto      Lynch,                                                        34.9000 
  plc shares     Christopher            26,066           28,696     13,679     GBP        15,017      01/12/2017 
-------------  ----------------------  ---------------  ---------  --------  ----------  ----------  ------------- 
 Rio Tinto      Niven,                                                        34.9000 
  plc shares     Simone                 1,114            1,226      585        GBP        641         01/12/2017 
-------------  ----------------------  ---------------  ---------  --------  ----------  ----------  ------------- 
 Rio Tinto 
  Limited       Farrell, 
  shares         Joanne                 1,946            2,124      1,002     70.96 AUD   1,122       01/12/2017 
-------------  ----------------------  ---------------  ---------  --------  ----------  ----------  ------------- 
 Rio Tinto 
  Limited       McIntosh, 
  shares         Stephen                2,017            2,201      1,038     70.96 AUD   1,163       01/12/2017 
-------------  ----------------------  ---------------  ---------  --------  ----------  ----------  ------------- 
 Rio Tinto 
  Limited       Salisbury, 
  shares         Christopher            1,705            1,861      878       70.96 AUD   983         01/12/2017 
-------------  ----------------------  ---------------  ---------  --------  ----------  ----------  ------------- 
 Rio Tinto 
  Limited       Soirat, 
  shares         Arnaud                 3,292            3,593      1,375     72.36 AUD   2,218       04/12/2017 
-------------  ----------------------  ---------------  ---------  --------  ----------  ----------  ------------- 
 

*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 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               Tim Paine 
 Group Company Secretary   Joint Company Secretary 
Rio Tinto plc             Rio Tinto Limited 
 6 St James's Square       360 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 05, 2017 11:21 ET (16:21 GMT)