Rio Tinto PLC Director/PDMR Shareholding (6946K)

TIDMRIO

RNS Number : 6946K

Rio Tinto PLC

23 April 2020

Shareholdings of directors and persons discharging managerial responsibility (PDMR)

23 April 2020

As part of its dual listed company structure, Rio Tinto notifies dealings in Rio Tinto plc and Rio Tinto Limited securities by PDMRs 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'). Shares are purchased out of monthly 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.

Upon vesting, on 18 April 2020, the following PDMR received matching shares or matching ADRs under myShare, of which sufficient were sold on 21 April 2020 to pay applicable withholding tax and other deductions.

 
 Security       Name of PDMR            No: of      No: of     No: of    Price per     No: of 
                                         Matching    Shares     Shares    Share Sold    Shares 
                                         Shares      Vested*    Sold                    Retained 
                                         Granted 
 Rio Tinto                                                               36.887292 
  plc shares    Baatar, Bold            16.4310     20.7464    8.7137     GBP          12.0327 
               ----------------------  ----------  ---------  --------  ------------  ---------- 
 Rio Tinto      Barrios,                                                 36.887292 
  plc shares     Alfredo                25.4454     32.1293    15.3542    GBP          16.7751 
               ----------------------  ----------  ---------  --------  ------------  ---------- 
 Rio Tinto      Jacques,                                                 36.887292 
  plc shares     Jean-Sébastien    12.3232     15.5596    6.5352     GBP          9.0244 
               ----------------------  ----------  ---------  --------  ------------  ---------- 
 Rio Tinto 
  Limited 
  shares        Trott, Simon            24.0330     28.8418    N/A       N/A           28.8418 
               ----------------------  ----------  ---------  --------  ------------  ---------- 
 

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

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.

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

 
Steve Allen Group Company Secretary  Tim Paine 
                                      Joint Company Secretary 
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 England                Registered in Australia 
 No. 719885                           ABN 96 004 458 404 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

END

DSHXXLFLBZLZBBB

(END) Dow Jones Newswires

April 23, 2020 11:01 ET (15:01 GMT)