Director/PDMR Shareholding

RNS Number : 4552B
Rio Tinto PLC
17 February 2011
 



Rio Tinto plc

Director/PDMR Shareholding

17 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 award for nil consideration either as shares or as cash from the proceeds of a sale of shares.

 

Rio Tinto plc announces that it has today received notification that Preston Chiaro, a person discharging managerial responsibility ("PDMR") of the Company, elected to receive his vested award in the form of shares of which sufficient were sold to pay applicable withholding tax and other deductions.

 

Conditional Award Granted

No of Shares Lapsed

No of Shares Vested

No of Shares

Sold

Sale

Price

per Share

No of Shares Retained

31,084

19,770

11,314

3,641

£45.071

7,673

 

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

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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Rio Tinto (RIO)
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