Director/PDMR Shareholding

RNS Number : 1441Z
Rio Tinto PLC
20 January 2022
 

 

20 January 2022

 

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.

 

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

 

Date of transaction

Rio Tinto plc

shares

Baatar, Bold

6.898566

6.898566

54.3591 GBP

17/01/2022

Rio Tinto plc

shares

Barrios, Alfredo

17.089501

17.089501

54.3591 GBP

17/01/2022

Rio Tinto plc

shares

Cunningham, Peter

6.898566

6.898566

54.3591 GBP

17/01/2022

Rio Tinto Limited

shares

Kaufman, Sinead

12.731985

12.731985

109.8022 AUD

17/01/2022

Rio Tinto plc

shares

Stausholm, Jakob

6.898566

6.898566

54.3591 GBP

17/01/2022

Rio Tinto plc

shares

Vella, Ivan

14.390782

14.390782

54.3591 GBP

17/01/2022

 

U pon vesting, on 17 January 2022, the following PDMR / KMPs received matching shares under myShare, of which sufficient were sold on 18 January 2022 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

19.2795

 

24.6456

 

10.351005

53.9751 GBP

14.294595

Rio Tinto plc

shares

Barrios, Alfredo

19.1839

24.5237

7.96032

53.9751 GBP

16.56338

Rio Tinto plc

shares

Cunningham, Peter

9.6397

 

12.3225

5.175414

53.9751 GBP

7.147086

Rio Tinto Limited shares

Kaufman, Sinead

17.4335

21.8987

0

-

21.8987

Rio Tinto plc shares

Trott, Simon

24.9403

31.8824

7.014097

53.9751 GBP

24.868303

Rio Tinto Limited shares

Vella, Ivan

14.9644

18.7971

9.152647

109.65 AUD

9.644453

 

*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.

 

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

Number of Shares

Acquired

Matching shares

Price per Share

Date of transaction

Rio Tinto plc

shares

Baatar, Bold

7

7

54.3591 GBP

17/01/2022

Rio Tinto plc

shares

Stausholm, Jakob

7

7

54.3591 GBP

17/01/2022

 

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

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
DSHEBLFLLFLZBBL

Companies

Rio Tinto (RIO)
UK 100

Latest directors dealings