Director/PDMR Shareholding - Replacement

RNS Number : 3014B
Rio Tinto PLC
15 February 2011
 



Rio Tinto plc

Director/PDMR Shareholding - Replacement

15 February 2011

 

 

 

 

 

 

This announcement amends and replaces an announcement issued on 15 February 2011.

 

 

 

 

 

Rio Tinto Mining Companies Comparative Plan ("MCCP")

 

The MCCP is a performance based share plan which provides participants with the conditional right, subject to performance conditions being met, to receive ordinary shares of 10p each ("shares").  At the time of vesting, participants in this share plan can elect to receive their awards for nil consideration either as shares or as cash from the proceeds of a sale of shares.

 

Rio Tinto plc announces that, on 14 February 2011, Bret Kenneth Clayton, a person discharging managerial responsibility ("PDMR") of the Company, elected to receive his vested award and sold the resulting shares, the proceeds of which will be re-invested in Rio Tinto American Depositary Receipts.

 

Conditional Award Granted

No of Shares Lapsed

No of Shares Vested

No of Shares

Sold

Sale

Price

per Share

No of Shares Retained

27,316

17,373

9,943

9,943

£46.380

0

 

This announcement is made in accordance with the requirements of the Financial Services Authority Disclosure and Transparency Rules 3.1.2 to 3.1.4.

 

 

 

For further information, please contact:

 

 

Secretarial Department

Pat Sims

Office: +44 (0) 20 7781 1910

 

Website: www.riotinto.com

 


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