Director/PDMR Shareholding

RNS Number : 8578P
Rio Tinto PLC
21 October 2021
 

 

21 October 2021

 

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

 

As   part   of its dual listed company structure, Rio Tinto notifies dealings in Rio Tinto plc and Rio Tinto Limited securities by PDMR / KMPs 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.

 

On 18 October 2021, the   following   PDMR / KMPs acquired Rio Tinto shares under myShare and were allocated the same number of matching share awards as follows:

 

Security

Name of PDMR / KMP

Number of shares

Matching shares

Price per share

 

Rio Tinto plc

shares

Baatar, Bold

7.425000

7.425000

50.5047 GBP

Rio Tinto plc

shares

Barrios, Alfredo

30.371600

30.371600

50.5047 GBP

Rio Tinto plc

shares

Cunningham, Peter

7.425000

7.425000

50.5047 GBP

Rio Tinto Limited

shares

Kaufman, Sinead

13.956200

13.956200

100.17 AUD

Rio Tinto plc

shares

Stausholm, Jakob

7.425000

7.425000

50.5047 GBP

Rio Tinto plc

shares

Vella, Ivan

15.301500

15.301500

50.5047 GBP

 

U pon vesting, on 18 October 2021, the following PDMR / KMPs received matching shares under myShare, of which sufficient were sold on 19 October 2021 to pay applicable withholding tax and other deductions.

 

Security

Name of PDMR / KMP

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

19.6266

25.6475

10.7720

50.550926 GBP

14.8755

Rio Tinto plc

shares

Barrios, Alfredo

19.8857

 

25.986

 

8.7287

 

50.550926 GBP

17.2573

 

Rio Tinto plc

shares

Cunningham, Peter

9.8133

 

12.8235

 

5.3859

 

50.550926 GBP

7.4376

 

Rio Tinto Limited shares

Kaufman, Sinead

17.7953

 

22.8227

 

0

-

22.8227

 

Rio Tinto plc shares

Trott, Simon

24.868

 

32.4967

 

7.1494

 

50.550926 GBP

25.3473

 

Rio Tinto Limited shares

Vella, Ivan

15.2749

 

19.5901

 

9.5388

 

99.306406 AUD

10.0513

 

 

*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.

 

UK Share Plan (UKSP)

 

The UKSP is an HMRC approved Share Incentive Plan under which qualifying UK employees are able to purchase, on a quarterly basis, Rio Tinto plc shares. Rio Tinto plc shares are purchased out of monthly deductions from salary, and participants are allocated an equivalent number of shares free of charge (UKSP matching shares). Qualifying UK employees are also awarded Free Shares once a year.

 

On 18 October 2021, the following PDMR / KMPs purchased Rio Tinto plc shares under the UKSP and were allocated the same number of matching shares as follows:

 

Security

Name of PDMR / KMP

Number of Shares

Acquired

Matching shares

Price per Share

Rio Tinto plc

shares

Baatar, Bold

7

7

50.5047 GBP

Rio Tinto plc

shares

Stausholm, Jakob

7

7

50.5047 GBP

 

 

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.

 

 

 

 

 

 

 

Contacts

Please direct all enquiries to media.enquiries@riotinto.com

 

Media Relations, UK

Illtud Harri

M +44 7920 503 600

 

David Outhwaite

M +44 7787 597 493

 

Media Relations, Americas

Matthew Klar

T +1 514 608 4429

 

Investor Relations, UK

Menno Sanderse

M: +44 7825 195 178

 

David Ovington

M +44 7920 010 978

 

Clare Peever

M +44 7788 967 877

 

Media Relations, Australia

Jonathan Rose

M +61 447 028 913

 

Matt Chambers

M +61 433 525 739

 

Jesse Riseborough

M +61 436 653 412

 

Investor Relations, Australia

Natalie Worley

M +61 409 210 462

 

Amar Jambaa

M +61 472 865 948

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

 

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

 

riotinto.com

 

 

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