Director/PDMR Shareholding

RNS Number : 5350B
Rio Tinto PLC
18 February 2011
 



Rio Tinto plc

Director/PDMR Shareholding

18 February 2011

 

 

 

 

 

Rio Tinto Mining Companies Comparative Plan ("MCCP")

Rio Tinto Management Share Plan ("MSP")

 

 

 

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"). 

 

The MSP is a service based award which provides participants with an award of shares which vests subject to continuous employment.

 

At the time of vesting, participants in these share plans 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 17 February 2011, Harry Kenyon-Slaney, a person discharging managerial responsibility ("PDMR") of the Company, elected to receive his vested award and sold the resulting shares.

 

MCCP

Conditional Award Granted

No of Shares Lapsed

No of Shares Vested

No of Shares

       Sold

Sale

Price

per Share

No of Shares Retained

8,514

3,781

4,733

4,733

£45.632

0

 

MSP

Conditional Award Granted

Dividend Shares Entitlement

No of

Shares Vested

No of

Shares

Sold

Sale

Price

per Share

No of

Shares Retained

932

25

957

957

£45.632

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

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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