Notice to ASX/LSE
Shareholdings of directors and persons discharging managerial responsibility (PDMR)
22 October 2020
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, Rio Tinto plc ADRs 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 or ADRs free of charge ('matching shares' and 'matching ADRs'), conditional upon satisfying the terms of myShare. The matching shares or matching ADRs are subject to a three year holding period, and vest after this period.
Upon vesting, on 17 October 2020, the following PDMR received matching shares or matching ADRs under myShare, of which sufficient were sold on 20 October 2020 to pay applicable withholding tax and other deductions.
Security | Name of PDMR | No: of | No: of | No: of | Price per | No: of |
Matching | Shares | Shares | Share Sold | Shares | ||
Shares | Vested* | Sold | Retained | |||
Granted | ||||||
Rio Tinto | Baatar, Bold | 20.1581 | 24.5091 | 10.2941 | 45.622425 | 14.2150 |
plc shares | GBP | |||||
Rio Tinto | Barrios, Alfredo | 20.9996 | 25.5320 | 12.2014 | 45.622425 | 13.3306 |
plc shares | GBP | |||||
Rio Tinto | Jacques, | 10.0790 | 12.2541 | 5.1467 | 45.622425 | 7.1074 |
plc shares | Jean-Sébastien | GBP | ||||
Rio Tinto | Trott, Simon | 19.5497 | 23.3478 | N/A | N/A | 23.3478 |
Limited | ||||||
shares | ||||||
Rio Tinto | Vella, Ivan | 16.7808 | 20.0408 | N/A | N/A | 20.0408 |
Limited | ||||||
shares |
*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.
This announcement is authorised for release to the market by Rio Tinto's Group Company Secretary.
Steve Allen | Tim Paine |
Group Company Secretary | Joint Company Secretary |
Rio Tinto plc | Rio Tinto Limited |
6 St James's Square | Level 7, 360 Collins Street |
London SW1Y 4AD | Melbourne 3000 |
United Kingdom | Australia |
T +44 20 7781 2000 | T +61 3 9283 3333 |
Registered in England | Registered in Australia |
No. 719885 | ABN 96 004 458 404 |
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Rio Tinto plc published this content on 23 October 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 October 2020 22:09:06 UTC