Director/PDMR Shareholding

RNS Number : 9663U
Rio Tinto PLC
06 December 2013
 



Rio Tinto plc

Director/PDMR Shareholding

6 December 2013

 

 

 

 

 

 

 

 

Rio Tinto Bonus Deferral Plan ("BDP")

 

 

In 2011 the Remuneration committee made the decision to defer the cash bonuses for senior executives.  All bonus deferrals were in Rio Tinto shares valued on the date of grant. 

 

Today, Rio Tinto plc was notified that on 6 December 2013, Hugo Bague, a person discharging managerial responsibility ("PDMR") of the Company elected to receive his vested award of which sufficient shares were sold to pay applicable withholding tax and other deductions.

 

 

No of Shares Granted

Dividend Share Entitlement

No of Shares Vested

No of

Shares Sold

Sale Price

per Share

No of Shares Retained

6,380

503

6,883

2,400

£33.012

4,483

 

 

Rio Tinto Share Option Plan ("SOP")

 

 

The SOP is a discretionary share option plan under which eligible employees are granted an option to purchase a number of Rio Tinto plc ordinary shares of 10p each in the future at a price set at the date of grant provided certain performance conditions are met.

 

Today, Rio Tinto plc was notified that on 6 December 2013, Guy Elliott, a PDMR, exercised options over ordinary shares.

 

No of Shares Acquired

Purchase Price

per Share

No of Shares Sold

Sale Price

per Share

No of Shares Retained

20,000

£10.979

20,000

£33.03

0

 

 

This announcement is made in accordance with the requirements of the Financial Conduct Authority Disclosure and Transparency Rules 3.1.2 to 3.1.4.

 

 

For further information, please contact:

 

Enquiries:       

 

Vaughn Walton

Assistant Company Secretary

Rio Tinto plc

Tel: 020 7781 1345

 

Website: www.riotinto.com

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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