Rio Tinto PLC Director/PDMR Shareholding (9643C)

TIDMRIO

RNS Number : 9643C

Rio Tinto PLC

22 October 2020

Shareholdings of directors and persons discharging managerial responsibility (PDMR)

22 October 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 17 October 2020, the following PDMR received matching shares or matching ADRs under myShare, of which sufficient were sold on 20 October 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 
  plc shares    Baatar, Bold            20.1581     24.5091    10.2941   45.622425GBP   14.2150 
               ----------------------  ----------  ---------  --------  -------------  ---------- 
 Rio Tinto      Barrios, 
  plc shares     Alfredo                20.9996     25.5320    12.2014   45.622425GBP   13.3306 
               ----------------------  ----------  ---------  --------  -------------  ---------- 
 Rio Tinto      Jacques, 
  plc shares     Jean-Sébastien    10.0790     12.2541    5.1467    45.622425GBP   7.1074 
               ----------------------  ----------  ---------  --------  -------------  ---------- 
 Rio Tinto 
  Limited 
  shares        Trott, Simon            19.5497     23.3478    N/A       N/A            23.3478 
               ----------------------  ----------  ---------  --------  -------------  ---------- 
 Rio Tinto 
  Limited 
  shares        Vella, Ivan             16.7808     20.0408    N/A       N/A            20.0408 
               ----------------------  ----------  ---------  --------  -------------  ---------- 
 

*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 
 

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October 22, 2020 11:31 ET (15:31 GMT)