Director/PDMR Shareholding

RNS Number : 3281G

Rio Tinto PLC

10 May 2011

 



Rio Tinto plc

Director/PDMR Shareholding

10 May 2011

Rio Tinto Share Option Plan ("SOP")

Rio Tinto Performance Share Plan ("PSP")

The SOP is a discretionary share option plan under which eligible employees are granted an option to purchase a number of Rio Tinto plc shares in the future at a price set at the date of grant provided certain performance conditions are met. 

The PSP is a performance share plan which provides participants with the conditional right, subject to performance conditions being met, to receive shares in the Company of 10p each ("ordinary shares").

This year persons discharging managerial responsibility ("PDMRs") of the Company have been given an opportunity to express their preference as to the mix of long term incentive awards allocated to them under the SOP and PSP.   Accordingly Rio Tinto plc announces that, on 6 May 2011, the PDMRs were awarded the following:

	No of options granted under SOP at a price of £42.45 per share	No of shares awarded under PSP
Tom Albanese	85,415	56,943
Guy Elliott	59,708	39,805
Jacynthe Côté	47,523	31,682
Andrew Harding	34,829	23,219
Harry Kenyon-Slaney	-	33,936
Hugo Bague	34,415	22,943
Preston Chiaro	41,348	27,565
Bret Clayton	40,005	26,670
Debra Valentine	33,830	22,553

Subject to the satisfaction of certain performance conditions, the period during which the SOP options granted in 2011, as above, may be exercised is 6 May 2014 and 5 May 2021.  Awards under the PSP are subject to performance conditions for which the performance period ends on 31 December 2014.

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: [phone]

Website: www.riotinto.com

 

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