Rio Tinto PLC Director/PDMR Shareholding (7749I)

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RNS Number : 7749I

Rio Tinto PLC

06 December 2022

6 December 2022

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 2022, Rio Tinto was notified that the following PDMR / KMP received their vested 2020 BDA in the form of shares, of which sufficient were sold to pay applicable withholding tax and other deductions.

 
 Security       Name of        Conditional      No:          No:          Price per       No:          Date of 
                 PDMR /         Award Granted    of Shares    of Shares    Share           of Shares    Transaction 
                 KMP                             Vested*      Sold                         Retained 
 Rio Tinto      Baatar, 
  plc shares     Bold          9,329            11,698       5,526        GBP 55.709223   6,172        01/12/2022 
               -------------  ---------------  -----------  -----------  --------------  -----------  ------------- 
 Rio Tinto      Barrios, 
  plc shares     Alfredo       8,724            10,939       3,310        GBP 55.709223   7,629        01/12/2022 
               -------------  ---------------  -----------  -----------  --------------  -----------  ------------- 
 Rio Tinto      Cunningham, 
  plc shares     Peter**       1,802            2,259        1,068        GBP 55.709223   1,191        01/12/2022 
               -------------  ---------------  -----------  -----------  --------------  -----------  ------------- 
 Rio Tinto 
  Limited       Kaufman, 
  shares         Sinead**      1,645            2,036        952          AUD 110.55      1,084        01/12/2022 
               -------------  ---------------  -----------  -----------  --------------  -----------  ------------- 
 Rio Tinto      Stausholm, 
  plc shares     Jakob         13,454           16,870       4,964        GBP 55.709223   11,906       01/12/2022 
               -------------  ---------------  -----------  -----------  --------------  -----------  ------------- 
 Rio Tinto      Trott, 
  plc shares     Simon         9,615            12,056       2,666        GBP 55.709223   9,390        01/12/2022 
               -------------  ---------------  -----------  -----------  --------------  -----------  ------------- 
 Rio Tinto 
  Limited       Vella, 
  shares         Ivan**        1,201            1,486        280          AUD 110.55      1,206        01/12/2022 
               -------------  ---------------  -----------  -----------  --------------  -----------  ------------- 
 

*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.

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 
 Matthew Klar                Matt Chambers 
 M + 44 7796 630 637         M [phone] 
 
 David Outhwaite             Jesse Riseborough 
 M [phone]          M [phone] 
 
 Media Relations, Americas 
 Simon Letendre 
 M [phone] 
 
 Malika Cherry               Investor Relations, Australia 
 M [phone]           Tom Gallop 
                             M [phone] 
 
 Investor Relations, UK      Amar Jambaa 
 Menno Sanderse              M [phone] 
 M: [phone] 
 
 David Ovington 
 M [phone] 
 
 Clare Peever 
 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 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 06, 2022 10:00 ET (15:00 GMT)