Director/PDMR Shareholding

RNS Number : 7075J

Rio Tinto PLC

13 September 2016

 

Shareholdings of directors and persons discharging managerial responsibility (PDMR) 

 

Rio Tinto plc

 

13 September 2016

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Jean-Sébastien Jacques
2	Reason for the notification
a)	Position/status	Chief executive
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Rio Tinto plc
b)	LEI	N/A
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Ordinary shares of 10p each GB0007188757
b)	Nature of the transaction	Grant of shares under the 2013 Rio Tinto Performance Share Plan (PSP). The PSP is a performance share plan which provides participants with the conditional right, subject to performance conditions being met, to receive ordinary shares.  The value of the shares is determined by taking the average of the middle market quotations from the LSE for each Friday in the year immediately preceding the commencement of the relevant performance period. As advised in the Rio Tinto 2015 annual report, this value is £26.346 in the case of Rio Tinto plc. The award granted will be measured against the performance conditions after five years (at the end of 2020).
c)	Price(s) and volume(s)	Price(s) Volume(s) £26.346 79,966
d)	Aggregated information - Aggregated volume - Price	79,966 £26.346
e)	Date of the transaction	2016-09-12
f)	Place of the transaction	N/A

Victoria Hames Acting Company Secretary
Rio Tinto plc 6 St James's Square London SW1Y 4AD United Kingdom T [phone] Registered in England No. 719885

 

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