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RIO Rio Tinto Plc

5,436.00
10.00 (0.18%)
Last Updated: 10:30:09
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Rio Tinto Plc LSE:RIO London Ordinary Share GB0007188757 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  10.00 0.18% 5,436.00 5,436.00 5,437.00 5,462.00 5,426.00 5,435.00 490,422 10:30:09
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Miscellaneous Metal Ores,nec 54.86B 10.06B 6.1815 8.80 88.53B

Takeover Panel Member Guy Elliott Resigns Following SEC Charges

20/10/2017 10:37am

Dow Jones News


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By Carlo Martuscelli

 

U.K. regulator the Takeover Panel announced on Friday that Guy Elliott has resigned from his position as a member of the regulatory body.

The panel--which is tasked with overseeing the administration of takeover and mergers of London-listed companies--cited legal proceedings related to his former role as chief financial officer at Rio Tinto PLC (RIO.LN). The proceedings were brought forward by the U.K. Securities and Exchange Commission, the panel added.

On Wednesday, Rio Tinto announced that the SEC had filed a civil complaint of fraud against it regarding the impairment of subsidiary Rio Tinto Coal Mozambique in the mining company's year-end accounts.

Mr. Elliott has also resigned from his position as non-executive director at Royal Dutch Shell PLC (RDSA.LN).

 

Write to Carlo Martuscelli at carlo.martuscelli@dowjones.com

 

(END) Dow Jones Newswires

October 20, 2017 05:22 ET (09:22 GMT)

Copyright (c) 2017 Dow Jones & Company, Inc.

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