Director/PDMR Shareholding

RNS Number : 1607R
Rio Tinto PLC
27 February 2023
 

 

 

27 February 2023

 

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 PDMRs / KMPs to both the Australian Securities Exchange (ASX) and the London Stock Exchange (LSE).

 

Performance Share Award ("PSA") granted under the Rio Tinto 2018 Equity Incentive Plan

 

The PSA is a performance based award which provides participants with the conditional right to receive Rio Tinto plc or Rio Tinto Limited shares, subject to performance conditions being met.

 

The PSA granted in 2018 is subject to a Total Shareholder Return (TSR) performance measure.

 

On 23 February 2023, the following PDMRs / KMPs received their vested PSA in the form of shares, of which sufficient were sold to pay applicable withholding tax and other deductions.

 

Security

Name of PDMR / KMP

Conditional award granted

Number of shares lapsed

Number of shares vested*

Number of shares sold

Price per share

Number of shares retained

Date of transaction

Rio Tinto plc shares

Stausholm, Jakob

29,886

0

39,894

11,903

GBP 59.221903

27,991

23/02/2023

Rio Tinto plc shares

Cunningham, Peter

7,229

0

9,763

4,648

GBP 59.221903

5,115

23/02/2023

Rio Tinto plc shares

Baatar, Bold

63,039

0

85,143

40,530

GBP 59.221903

44,613

23/02/2023

Rio Tinto plc shares

Barrios, Alfredo

66,050

0

89,209

31,363

GBP 59.221903

57,846

23/02/2023

Rio Tinto Limited shares

Kaufman, Sinead

6,322

0

8,324

4,017

AUD 122.5763

4,307

23/02/2023

Rio Tinto plc shares

Trott, Simon

57,188

0

77,240

18,775

GBP 59.221903

58,465

23/02/2023

Rio Tinto Limited shares

Vella, Ivan

13,376

0

17,613

4,247

AUD 122.5763

13,366

23/02/2023

*The number of shares vested includes additional shares calculated to reflect dividends declared during the vesting period .

 

Management Share Awards ("MSA") granted under the Rio Tinto 2018 Equity Incentive Plan

 

The MSA provides participants with a conditional right to receive Rio Tinto plc or Rio Tinto Limited shares, subject to continuous employment. 

 

On 23 February 2023, the following PDMRs / KMPs received their vested MSA in the form of shares, of which sufficient were sold to pay applicable withholding tax and other deductions. All MSA included in this announcement were granted prior to the PDMR/KMP becoming a member of the Executive Committee.

 

 

Security

Name of PDMR / KMP

Conditional award granted

Number of shares vested*

Number of shares sold

Price per share

Number of shares retained

Date of transaction

Rio Tinto plc shares

Cunningham, Peter

3,713

4,551

2,167

GBP 59.221903

2,384

23/02/2023

Rio Tinto Limited shares

Kaufman, Sinead

4,289

5,160

2,491

AUD 122.5763

2,669

23/02/2023

Rio Tinto Limited shares

Vella, Ivan

1,931

2,323

787

AUD 122.5763

1,536

23/02/2023

*The number of shares vested includes additional shares calculated to reflect dividends declared during the vesting period on the original shares granted .

 

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

Matthew Klar

M + 44 7796 630 637

 

David Outhwaite

M +44 7787 597 493

 

Media Relations, Americas

Simon Letendre
M +1 514 796 4973

Malika Cherry
M +1 418 592 7293

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

Matt Chambers

M +61 433 525 739

 

Jesse Riseborough

M +61 436 653 412

 

Alyesha Anderson

M +61 434 868 118

 

 

 

Investor Relations, Australia

Tom Gallop
M +61 439 353 948

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 43, 120 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
 
 
DSHFDLFLXLLFBBF

Companies

Rio Tinto (RIO)
UK 100

Latest directors dealings