Rio Tinto PLC Director/PDMR Shareholding

RNS Number : 0088J

Rio Tinto PLC

21 October 2024

 

 

Notice to ASX/LSE                                                                                                                       

 

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

21 October 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 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.

 

myShare vesting

 

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

 

Security	Name of PDMR / KMP	Number of matching shares originally awarded	Number of shares vested*	Number of shares sold	Price per share sold	Number of shares retained
Rio Tinto plc Shares	Baatar, Bold	7.425	9.2306	3.70724	GBP 50.109104	5.52336
Rio Tinto plc Shares	Cunningham, Peter	7.425	9.2306	3.876871	GBP 50.109104	5.353729
Rio Tinto Limited shares	Kaufman, Sinead	13.9562	16.6028	0	AUD 117.5058	16.6028
Rio Tinto plc Shares	Stausholm, Jakob	7.425	9.2306	3.876871	GBP 50.109104	5.353729

 

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

 

Security	Name of PDMR / KMP	Number of shares acquired	Number of matching shares awarded	Price per share
Rio Tinto plc shares	Baatar, Bold	5.046888	5.046888	GBP 49.53547
Rio Tinto plc shares	Cunningham, Peter	7.570332	7.570332	GBP 49.53547
Rio Tinto Limited shares	Kaufman, Sinead	12.201792	12.201792	AUD 120.4741
Rio Tinto plc shares	Pécresse, Jérôme	15.213743	15.213743	GBP 49.53547
Rio Tinto plc shares	Stausholm, Jakob	7.570332	7.570332	GBP 49.53547

 

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

 

Security	Name of PDMR	Number of shares acquired	Number of matching shares awarded	Price per share
Rio Tinto plc shares	Baatar, Bold	5	5	GBP 49.53547
Rio Tinto plc shares	Stausholm, Jakob	8	8	GBP 49.53547

 

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 Kingdom   Matthew Klar M [phone]   David Outhwaite M [phone]	Media Relations, Australia   Matt Chambers M [phone]   Michelle Lee M [phone]   Rachel Pupazzoni M [phone]	Media Relations, Canada   Simon Letendre M [phone]   Malika Cherry M [phone]   Vanessa Damha M [phone]
Investor Relations, United Kingdom   David Ovington M [phone]   Laura Brooks   M [phone]    Wei Wei Hu   M [phone]	Investor Relations, Australia   Tom Gallop M [phone]   Amar Jambaa M [phone]	Media Relations, US   Jesse Riseborough  M [phone]
Rio Tinto plc   6 St James's Square London SW1Y 4AD United Kingdom T [phone]   Registered in England No. 719885	Rio Tinto Limited   Level 43, 120 Collins Street Melbourne 3000 Australia T [phone]   Registered in Australia 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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