Director/PDMR Shareholding

RNS Number : 3626Q
Rio Tinto PLC
11 September 2017
 

 

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

 

 

11 September 2017

 

Rio Tinto plc notifies the London Stock Exchange (LSE) of PDMR/KMP interests in securities of Rio Tinto plc, in compliance with the EU Market Abuse Regulation. As part of its dual listed company structure, Rio Tinto voluntarily notifies the Australian Securities Exchange (ASX) of material dealings in Rio Tinto plc shares by PDMR/KMP and both ASX and the LSE of material dealings by PDMR/KMP in Rio Tinto Limited securities.

 

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 or Rio Tinto Limited shares as applicable, at a future date at a price set at the date of grant, provided certain performance conditions are met, in accordance with the terms of the SOP.

On 7 September 2017, the following PDMR exercised his options over shares.

Security

Name of PDMR / KMP

No. of Options Exercised

Exercise Price per Share

No. of Shares Sold

Sale Price per Share

 

No. of Shares Retained

Rio Tinto plc

Stephen McIntosh

2951

£16.53

2143

£37.1843

808

 

This was a non-discretionary transaction.

 

An FCA notification in accordance with the EU Market Abuse Regulations has been issued to the London Stock Exchange contemporaneously with this release.

 

Steve Allen

Group Company Secretary

 

Tim Paine

Joint Company Secretary

Rio Tinto plc

6 St James's Square

London SW1Y 4AD

United Kingdom

 

T +44 20 7781 2058
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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