Director/PDMR Shareholding

RNS Number : 5041X
Rio Tinto PLC
15 February 2012
 



Rio Tinto plc

Director/PDMR Shareholdings

15 February 2012

 

 

 

 

Rio Tinto Share Savings Plan ("SSP")

 

The SSP is a savings-related share option plan which is open to employees in the UK and elsewhere.  Under the plan, participants can save up to £250 per month, or equivalent in local currency, for a maximum of five years.  At the end of the savings period participants may exercise an option over shares granted at a discount of up to 20 per cent to the market value at the time of grant.  The number of options to which participants are entitled is determined by the exercise price, the savings amount and the length of the savings contract. 

 

Rio Tinto plc announces that, on 15 February 2012, Tom Albanese, a person discharging managerial responsibility (PDMR) of the Company, exercised options over ordinary shares, as detailed in the table below:

 

No of Shares Acquired

Price per Share

957

£17.084

 

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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Rio Tinto (RIO)
UK 100

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