Director/PDMR Shareholding

RNS Number : 0119D
Rio Tinto PLC
15 March 2011
 



Rio Tinto plc

Director/PDMR Shareholding

15 March 2011

 

 

 

 

 

 

 

Rio Tinto Management Share Plan ("MSP")

 

 

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 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, on 14 March 2011, Debra Valentine, a person discharging managerial responsibility of the Company, received her vested award in the form of shares of which sufficient were sold to pay applicable withholding tax and other deductions.

 

 

Conditional award granted

Dividend shares entitlement

No of

 shares vested

No of

shares

        sold

Sale

price

per share

No of

shares retained

Amount of 

award still

to vest

12,105

163

6,215

2,006

£39.72

4,209

6,053

 

 

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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