Director/PDMR Shareholding

RNS Number : 5176M
Rio Tinto PLC
21 January 2021
 

Notice to ASX/LSE

 

 

Shareholdings of directors and persons discharging managerial responsibility (PDMR)

21 January 2021

 

As part of its dual listed company structure, Rio Tinto notifies dealings in Rio Tinto plc and Rio Tinto Limited securities by PDMRs to both the Australian Securities Exchange (ASX) and the London Stock Exchange (LSE).

 

Global Employee Share Plan (myShare)

 

Under myShare employees are able to purchase, on a quarterly basis, Rio Tinto plc ordinary shares of 10p each or Rio Tinto Limited ordinary shares (‘shares’). Shares are purchased out of monthly deductions from salary and participants are allocated an equivalent number of shares free of charge (‘matching shares’), conditional upon satisfying the terms of myShare. The matching shares are subject to a three year holding period, and vest after this period.

 

Upon vesting, on 18 January 2021, the following PDMRs received matching shares under myShare, of which sufficient were sold on 19 January 2021 to pay applicable withholding tax and other deductions.

 

Security

Name of PDMR

No: of Matching Shares Granted

No: of Shares Vested*

No: of Shares Sold

Price per Share Sold

No: of Shares Retained

Rio Tinto plc

shares

Baatar, Bold

18.4695

 

21.6589

 

9.0970

 

59.455455 GBP

 

12.5619

 

Rio Tinto plc

shares

Barrios, Alfredo

18.5525

 

21.7563

 

10.5936

 

59.455455 GBP

 

11.1627

 

Rio Tinto plc

shares

Cunningham, Peter

9.2347

 

10.8290

 

4.5484

 

59.455455 GBP

 

6.2806

 

Rio Tinto plc

shares

Toth, Peter

9.2347

 

10.8290

 

4.5484

 

59.455455 GBP

 

6.2806

 

Rio Tinto Limited shares

Trott, Simon

17.6004

20.3861

0

-

20.3861

Rio Tinto Limited shares

Vella, Ivan

15.1076

17.4987

0

-

17.4987

 

*The number of shares vested includes additional shares calculated to reflect dividends declared during the vesting period on the original shares granted, in accordance with the plan rules.

 

FCA notifications in accordance with the EU Market Abuse Regulation have been issued to the London Stock Exchange contemporaneously with this release.

 

LEI: 213800YOEO5OQ72G2R82
Classification: 3.1. Information disclosed under article 19 of the Market Abuse Regulation.

 

This announcement is authorised for release to the market by Rio Tinto's Group Company Secretary.

 

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 2000

Registered in England No. 719885

Rio Tinto Limited

Level 7, 360 Collins Street

Melbourne 3000 Australia

 

T +61 3 9283 3333

Registered in Australia ABN 96 004 458 404

 

 

 

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