Director/PDMR Shareholding

RNS Number : 1148V
Rio Tinto PLC
13 April 2016
 

 

Shareholdings of persons discharging managerial responsibility (PDMR) / Key Management Personnel (KMP) 

 

Dividend Reinvestment

 

13 April 2016

 

Rio Tinto plc notifies the London Stock Exchange (LSE) of PDMR/KMP interests in securities of Rio Tinto plc, in compliance with the UK Financial Conduct Authority's Disclosure and Transparency Rule 3.1. As part of its dual listed company structure, Rio Tinto voluntarily notifies the Australian Securities Exchange (ASX) of such dealings. Rio Tinto also notifies both ASX and LSE of dealings by PDMR/KMP in Rio Tinto Limited securities.

 

Global Employee Share Plan (GESP) dividend reinvestment plan

 

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

 

Rio Tinto plc shares and ADRs, and Rio Tinto Limited shares, held in the GESP, are subject to a dividend reinvestment plan whereby cash dividends are used to buy Rio Tinto plc shares and ADRs and Rio Tinto Limited shares in the market under the terms of the GESP. 

 

Rio Tinto was notified on 13 April 2016 that on 8 April 2016 the following PDMR/KMP acquired Rio Tinto plc ADRs under a dividend reinvestment plan, on ADRs held in the GESP. This was a non-discretionary transaction.

 

Security

Name of PDMR/KMP

Number of ADRs Acquired

Price per Unit USD

Rio Tinto plc ADRs

Valentine, Debra

13.472500

29.1065

 

Further to the announcement by the Company on 12 April 2016, under RNS No. 9800U, the Company wishes to notify that due to an administrative error, the number of Rio Tinto plc shares acquired, under a dividend reinvestment plan, by Jean-Sébastien Jacques on 7 April 2016 on shares held in the UK Share Plan was reported as being 926 shares. The correct number of Rio Tinto plc shares acquired by Jean-Sébastien Jacques is 36 shares. This was a non-discretionary transaction.

 

Save as disclosed above, all other details of that announcement remain unchanged.

 

This announcement is made in compliance with the UK Financial Conduct Authority's Disclosure and Transparency Rule 3.1.

 

 

 

 

 

 

Vaughn Walton

Assistant Company Secretary                                

 

Tim Paine

Joint Company Secretary

Rio Tinto plc

6 St James's Square

London

SW1Y 4AD

 

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

 


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