Director/PDMR Shareholding

RNS Number : 4430H
Rio Tinto PLC
19 February 2010
 



Rio Tinto plc

Director/PDMR Shareholding

19 February 2010

 

 

 

 

 

 

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 granted in 2007 which provides participants with an award of shares which vests subject to continuous employment to 31 December 2009. 

 

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 18 February 2010, Harry Kenyon-Slaney, a person discharging managerial responsibility ("PDMR") of the Company received awards under these share plans and elected to receive cash proceeds from sales of shares, as detailed below.

 

MCCP

Conditional Award Granted

No of Shares Lapsed

No of Shares Vested

No of Shares Sold

Sale Price

per Share

6,028

2,587

3,441

3,441

£33.4952

 

MSP

 

Conditional Award Granted

Dividend Shares Entitlement

 

No of Shares Vested

 

No of Shares Sold

 

Sale Price

per Share

3,026

136

3,162

3,162

£33.5052

 

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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