Director/PDMR Shareholding

RNS Number : 2817B
Rio Tinto PLC
28 February 2014
 



Rio Tinto plc

Director/PDMR Shareholding

28 February 2014

 

 

 

 

 

 

Rio Tinto Performance Share Plan ("PSP")

 

 

The PSP 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"). 

 

At the time of vesting, participants in the plan 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 was notified on 27 February 2014 that on 27 February 2014, Hugo Bague, a person discharging managerial responsibility ("PDMR") of the Company, received his vested 2010 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 Lapsed

No of Shares Vested

No of Shares

Sold

Sale

Price

per Share

No of Shares Retained

31,531

7,883

23,648

8,393

£34.0221

15,255

 

 

 

 

 

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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Companies

Rio Tinto (RIO)
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