Director/PDMR Shareholding

RNS Number : 8939H
Rio Tinto PLC
01 March 2010
 



Rio Tinto plc

Director/PDMR Shareholding

1 March 2010

 

 

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 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 26 February 2010, Jacynthe Côté, a person discharging managerial responsibility ("PDMR") of the Company elected to receive her 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 Vested

No of

Shares Sold

Sale Price

per Share

No of Shares Retained

5,462

5,462

2,702

£33.4352

2,760

 

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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