Director/PDMR Shareholding

Rio Tinto PLC
26 February 2024
 

 

Notice to ASX/LSE                                                                                                                       

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

26 February 2024

 

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 London Stock Exchange (LSE) and the Australian Securities Exchange (ASX).

 

On 23 February 2024, Simon Trott (a PDMR/KMP), sold Rio Tinto plc shares as follows:

 

Number of Shares Sold

Price Per Share
GBP

35,000

51.974614

34,252

52.020408

 

 

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 2019 is subject to a Total Shareholder Return (TSR) performance measure.

 

On 22 February 2024, 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

No: of Shares Lapsed

No: of Shares Vested*

No: of Shares Sold

Price per Share

No: of Shares Retained

Date of Transaction

Rio Tinto plc shares

Baatar, Bold

51,752

(3,054)

67,518

(31,415)

GBP 52.162929

36,103

22/02/2024

Rio Tinto plc shares

Barrios, Alf

57,011

(3,364)

74,380

(18,069)

GBP 52.162929

56,311

22/02/2024

Rio Tinto plc shares

Cunningham, Peter

6,489

(383)

8,465

(3,939)

GBP 52.162929

4,526

22/02/2024

Rio Tinto Limited shares

Kaufman, Sinead

6,291

(372)

7,666

(3,659)

AUD 124.24

4,007

22/02/2024

Rio Tinto plc shares

Stausholm, Jakob

79,609

(4,697)

103,863

(34,810)

GBP 52.162929

69,053

22/02/2024

Rio Tinto plc shares

Trott, Simon

50,598

(2,986)

66,012

(15,684)

GBP 52.162929

50,328

22/02/2024

*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 22 February 2024, 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

No: of Shares Vested*

No: of Shares Sold

Price per Share

No: of Shares Retained

Date of Transaction

Rio Tinto plc shares

Cunningham, Peter

4,781

5,947

(2,768)

GBP 52.162929

3,179

22/02/2024

 

 

*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,

United Kingdom

 

Matthew Klar

M +44 7796 630 637

 

David Outhwaite

M +44 7787 597 493

 

 

 

Media Relations,

Australia

 

Matt Chambers

M +61 433 525 739

 

Jesse Riseborough

M +61 436 653 412

 

Alyesha Anderson

M +61 434 868 118

 

Michelle Lee

M +61 458 609 322

 

 

Media Relations,

Americas

 

Simon Letendre

M +1 514 796 4973

 

Malika Cherry

M +1 418 592 7293

 

Vanessa Damha

M +1 514 715 2152

Investor Relations,

United Kingdom

 

Menno Sanderse

M +44 7825 195 178

 

David Ovington

M +44 7920 010 978

 

Laura Brooks  

M +44 7826 942 797 

 

 

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 Andy Hodges, Rio Tinto's Group Company Secretary.

 

 

 

 

 

 

riotinto.com

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