Rio Tinto PLC Director/PDMR Shareholding (5139A)

TIDMRIO

RNS Number : 5139A

Rio Tinto PLC

22 January 2024

Notice to ASX/LSE

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

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

Global Employee Share Plan (myShare)

Under myShare employees are able to purchase, on a quarterly basis, Rio Tinto plc ordinary shares of 10p each, Rio Tinto plc ADRs or Rio Tinto Limited ordinary shares. Shares are purchased out of 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 myShare. The matching shares or matching ADRs are subject to a three year holding period, and vest after this period.

myShare vesting

On 18 January 2024, the following PDMR / KMP received their vested matching shares under myShare, of which sufficient were sold on 18 January 2024 to pay applicable withholding taxes and other deductions.

 
 Security           Name of PDMR        Number         Number       Number       Price per     Number 
                     / KMP               of matching    of shares    of shares    share sold    of shares 
                                         shares         vested*      sold                       retained 
                                         originally 
                                         awarded 
 Rio Tinto 
  plc 
  shares            Baatar, Bold        6.3003         8.1307       3.414854     GBP 54.285    4.715846 
                   ------------------  -------------  -----------  -----------  ------------  ----------- 
 Rio Tinto 
  plc 
  shares            Barrios, Alfredo    12.5084        16.1434      0.956933     GBP 54.285    15.186467 
                   ------------------  -------------  -----------  -----------  ------------  ----------- 
 Rio Tinto 
  plc               Cunningham, 
  shares             Peter              6.3003         8.1307       3.414854     GBP 54.285    4.715846 
                   ------------------  -------------  -----------  -----------  ------------  ----------- 
 Rio Tinto 
  Limited shares    Kaufman, Sinead     11.7914        14.4669      -            -             14.4669 
                   ------------------  -------------  -----------  -----------  ------------  ----------- 
 Rio Tinto 
  plc               Stausholm, 
  shares             Jakob              6.3003         8.1307       3.414854     GBP 54.285    4.715846 
                   ------------------  -------------  -----------  -----------  ------------  ----------- 
 

*The number of shares vested includes additional shares calculated to reflect dividends declared during the vesting period on the original matching shares awarded, in accordance with the plan rules.

myShare purchase

On 17 January 2024, the following PDMR / KMP acquired shares under myShare and were allocated the same number of matching share awards.

 
 Security                Name of             Number of          Number of          Price per 
                          PDMR / KMP          shares acquired    matching shares    share 
                                                                 awarded 
 Rio Tinto plc shares    Baatar, Bold        7.034766           7.034766           GBP 53.30666 
                        ------------------  -----------------  -----------------  ------------- 
 Rio Tinto plc shares    Barrios, Alf        18.951288          18.951288          GBP 53.30666 
                        ------------------  -----------------  -----------------  ------------- 
                         Cunningham, 
 Rio Tinto plc shares     Peter              7.034766           7.034766           GBP 53.30666 
                        ------------------  -----------------  -----------------  ------------- 
 Rio Tinto Limited 
  shares                 Kaufman, Sinead     11.004867          11.004867          AUD 127.0347 
                        ------------------  -----------------  -----------------  ------------- 
 Rio Tinto plc shares    Stausholm, Jakob    7.034766           7.034766           GBP 53.30666 
                        ------------------  -----------------  -----------------  ------------- 
 

UK Share Plan (UKSP)

The UKSP is an HMRC approved Share Incentive Plan under which qualifying UK employees are able to purchase, on a quarterly basis, Rio Tinto plc shares. Rio Tinto plc shares are purchased out of monthly deductions from salary, and participants are allocated an equivalent number of shares free of charge (matching shares). Qualifying UK employees are also awarded Free Shares once a year.

On 17 January 2024, the following PDMR / KMP purchased shares under the UKSP and were allocated the same number of matching shares.

 
 Security         Name of PDMR        Number       Number            Price per 
                                       of shares    of matching       share 
                                       acquired     shares awarded 
 Rio Tinto plc 
  shares          Baatar, Bold        7            7                 GBP 53.30666 
                 ------------------  -----------  ----------------  ------------- 
 Rio Tinto plc 
  shares          Stausholm, Jakob    7            7                 GBP 53.30666 
                 ------------------  -----------  ----------------  ------------- 
 

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     Media Relations, Australia     Media Relations, 
 Kingdom                                                    Americas 
                             Matt Chambers 
 Matthew Klar                M [phone]              Simon Letendre 
 M [phone]                                         M [phone] 
                             Jesse Riseborough 
 David Outhwaite             M [phone]              Malika Cherry 
 M [phone]                                         M [phone] 
                             Alyesha Anderson 
                             M [phone]              Vanessa Damha 
                                                            M [phone] 
                             Michelle Lee 
                             M [phone] 
Investor Relations, United  Investor Relations, Australia 
 Kingdom 
                             Tom Gallop 
 Menno Sanderse              M [phone] 
 M [phone] 
                             Amar Jambaa 
 David Ovington              M [phone] 
 M [phone] 
 
 Laura Brooks 
 M [phone] 
Rio Tinto plc               Rio Tinto Limited 
 
 6 St James's Square         Level 43, 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 announcement is authorised for release to the market by Andy Hodges, Rio Tinto's Group Company Secretary.

riotinto.com

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January 22, 2024 13:10 ET (18:10 GMT)