Rio Tinto PLC Director/PDMR Shareholding (4298U)

TIDMRIO

RNS Number : 4298U

Rio Tinto PLC

02 December 2021

2 December 2021

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

As part of its dual listed company structure, Rio Tinto notifies dealings in Rio Tinto plc and Rio Tinto Limited securities by PDMR / KMP to both the Australian Securities Exchange (ASX) and the London Stock Exchange (LSE).

Bonus Deferral Awards ("BDA") granted under the Rio Tinto 2018 Equity Incentive Plan

50% of the annual bonuses of the participating executives are delivered as BDA in the form of deferred ordinary shares of Rio Tinto plc or Rio Tinto Limited ("shares"), as applicable. The BDA vests in December of the third year after the end of the performance year to which the annual bonus relates.

On 1 December 2021, Rio Tinto was notified that the following PDMR / KMP received their vested 2019 BDA 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 /         Award Granted    Shares     Shares    Share         Shares      Transaction 
                 KMP                             Vested*    Sold                    Retained 
 Rio Tinto      Baatar, 
  plc shares     Bold          5,205            6,511      3,032     46.6727 GBP   3,479       1/12/2021 
               -------------  ---------------  ---------  --------  ------------  ----------  ------------- 
 Rio Tinto      Barrios, 
  plc shares     Alfredo       6,715            8,400      3,866     46.6727 GBP   4,534       1/12/2021 
               -------------  ---------------  ---------  --------  ------------  ----------  ------------- 
 Rio Tinto      Cunningham, 
  plc shares     Peter**       1,447            1,810      843       46.6727 GBP   967         1/12/2021 
               -------------  ---------------  ---------  --------  ------------  ----------  ------------- 
 Rio Tinto 
  Limited       Kaufman, 
  shares         Sinead**      1,519            1,862      0         N/A           1,862       1/12/2021 
               -------------  ---------------  ---------  --------  ------------  ----------  ------------- 
 Rio Tinto      Stausholm, 
  plc shares     Jakob         3,022            3,780      412       46.6727 GBP   3,368       1/12/2021 
               -------------  ---------------  ---------  --------  ------------  ----------  ------------- 
 Rio Tinto      Trott, 
  plc shares     Simon         6,140            7,681      1,674     46.6727 GBP   6,007       1/12/2021 
               -------------  ---------------  ---------  --------  ------------  ----------  ------------- 
 Rio Tinto 
  Limited       Vella, 
  shares         Ivan**        1,046            1,282      669       95.81 AUD     613         1/12/2021 
               -------------  ---------------  ---------  --------  ------------  ----------  ------------- 
 

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

** Deferral was 25% of annual bonus as it related to a performance year prior to becoming a PDMR / KMP.

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, UK         Media Relations, Australia 
 Illtud Harri                Jonathan Rose 
 M [phone]          M [phone] 
 David Outhwaite             Matt Chambers 
 M [phone]          M [phone] 
 Media Relations, Americas   Jesse Riseborough 
 Matthew Klar                M [phone] 
 T [phone]           Investor Relations, Australia 
 Investor Relations, UK      Natalie Worley 
 Menno Sanderse              M [phone] 
 M: [phone]         Amar Jambaa 
 David Ovington              M [phone] 
 M [phone] 
 Clare Peever 
 M [phone] 
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 [phone] 
 T [phone]          Registered in Australia 
 Registered in England       ABN 96 004 458 404 
 No. 719885 
 

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

riotinto.com

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December 02, 2021 11:59 ET (16:59 GMT)