Director/PDMR Shareholding

RNS Number : 2805K
Rio Tinto PLC
15 April 2015
 



Rio Tinto Limited - Change of Director's Interest Notice - Sam Walsh

 

15 April 2015

 

Rio Tinto voluntarily notifies London Stock Exchange (LSE) of directors' interests in the securities of Rio Tinto Limited and changes to those interests, as disclosed to the Australian Securities Exchange (ASX), in compliance with the ASX Listing Rules and the Australian Corporations Act.

 

Global Employee Share Plan ('GESP') dividend reinvestment plan

 

Under the GESP, employees are able to purchase Rio Tinto plc shares or Rio Tinto Limited ordinary shares ('Shares') on a quarterly basis out of monthly deductions from salary, and are also allocated an equivalent number of shares free of charge ('Matching shares'), vesting of which are conditional upon satisfying the terms of the GESP.

 

Rio Tinto plc and Rio Tinto Limited shares held in the GESP are subject to a dividend reinvestment plan whereby cash dividends are used to purchase Rio Tinto plc or Rio Tinto Limited shares on market under the terms of the GESP.  These are non-discretionary transactions.

 

On 15 April 2015, Rio Tinto Limited notified the ASX, in compliance with the ASX Listing Rule 3.19A and as agent for the director, for the purposes of section 205G of the Australian Corporations Act, of a Share acquired by Sam Walsh pursuant to the dividend reinvestment provisions under the terms of the GESP:

 

Security

Name of the Director

No: of Shares Acquired

Price per Share AUD

 

Rio Tinto Limited

 

Sam Walsh

1 Share*

56.43

 

*The acquisition of this Share arose as a result of Mr Walsh becoming entitled on 9 April 2015 to 0.7168 of a Share which, when aggregated with his existing fractional entitlements under the dividend reinvestment provisions of the GESP, increased his entitlement by one whole Share.

 

The complete Appendix 3Y notification submitted to ASX is available at:

www.riotinto.com/regulatorynewsandfilings

 

 

 

 

 

 

Vaughn Walton

Assistant Company Secretary                                

 

Tim Paine

Joint Company Secretary

Rio Tinto plc

2 Eastbourne Terrace

London W2 6LG

United Kingdom

 

T +44 20 7781 1345
Registered in England

No. 719885

Rio Tinto Limited

120 Collins Street

Melbourne 3000

Australia

 

T +61 3 9283 3333

Registered in Australia

ABN 96 004 458 404

                                  


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