Rio Tinto PLC Director/PDMR Shareholding

RNS Number : 4990E

Rio Tinto PLC

26 February 2024

 

 

Notice to ASX/LSE                                                                                                                       

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

26 February 2024

 

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 London Stock Exchange (LSE) and the Australian Securities Exchange (ASX).

 

On 23 February 2024, Simon Trott (a PDMR/KMP), sold Rio Tinto plc shares as follows:

 

Number of Shares Sold	Price Per Share GBP
35,000	51.974614
34,252	52.020408

 

 

Performance Share Award ("PSA") granted under the Rio Tinto 2018 Equity Incentive Plan

 

The PSA is a performance based award which provides participants with the conditional right to receive Rio Tinto plc or Rio Tinto Limited shares, subject to performance conditions being met.

 

The PSA granted in 2019 is subject to a Total Shareholder Return (TSR) performance measure.

 

On 22 February 2024, the following PDMRs/KMPs received their vested PSA in the form of shares, of which sufficient were sold to pay applicable withholding tax and other deductions.

 

Security	Name of PDMR/KMP	Conditional Award Granted	No: of Shares Lapsed	No: of Shares Vested*	No: of Shares Sold	Price per Share	No: of Shares Retained	Date of Transaction
Rio Tinto plc shares	Baatar, Bold	51,752	(3,054)	67,518	(31,415)	GBP 52.162929	36,103	22/02/2024
Rio Tinto plc shares	Barrios, Alf	57,011	(3,364)	74,380	(18,069)	GBP 52.162929	56,311	22/02/2024
Rio Tinto plc shares	Cunningham, Peter	6,489	(383)	8,465	(3,939)	GBP 52.162929	4,526	22/02/2024
Rio Tinto Limited shares	Kaufman, Sinead	6,291	(372)	7,666	(3,659)	AUD 124.24	4,007	22/02/2024
Rio Tinto plc shares	Stausholm, Jakob	79,609	(4,697)	103,863	(34,810)	GBP 52.162929	69,053	22/02/2024
Rio Tinto plc shares	Trott, Simon	50,598	(2,986)	66,012	(15,684)	GBP 52.162929	50,328	22/02/2024

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

Management Share Awards ("MSA") granted under the Rio Tinto 2018 Equity Incentive Plan

 

The MSA provides participants with a conditional right to receive Rio Tinto plc or Rio Tinto Limited shares, subject to continuous employment. 

 

On 22 February 2024, the following PDMRs/KMPs received their vested MSA in the form of shares, of which sufficient were sold to pay applicable withholding tax and other deductions. All MSA included in this announcement were granted prior to the PDMR/KMP becoming a member of the Executive Committee.

 

 

Security	Name of PDMR/KMP	Conditional Award Granted	No: of Shares Vested*	No: of Shares Sold	Price per Share	No: of Shares Retained	Date of Transaction
Rio Tinto plc shares	Cunningham, Peter	4,781	5,947	(2,768)	GBP 52.162929	3,179	22/02/2024

 

 

*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: 3.1. Information disclosed under article 19 of the Market Abuse Regulation.

Contacts

Please direct all enquiries to [e-mail]

 

 

 

Media Relations, United Kingdom   Matthew Klar M [phone]   David Outhwaite M [phone]	Media Relations, Australia   Matt Chambers M [phone]   Jesse Riseborough M [phone]   Alyesha Anderson M [phone]   Michelle Lee M [phone]	Media Relations, Americas   Simon Letendre M [phone]   Malika Cherry M [phone]   Vanessa Damha M [phone]
Investor Relations, United Kingdom   Menno Sanderse M [phone]   David Ovington M [phone]   Laura Brooks   M [phone]	Investor Relations, Australia   Tom Gallop M [phone]   Amar Jambaa M [phone]
Rio Tinto plc   6 St James's Square London SW1Y 4AD United Kingdom T [phone]   Registered in England No. 719885	Rio Tinto Limited   Level 43, 120 Collins Street Melbourne 3000 Australia T [phone]   Registered in Australia ABN 96 004 458 404

This announcement is authorised for release to the market by Andy Hodges, Rio Tinto's Group Company Secretary.

 

 

 

 

 

 

riotinto.com

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