Company Announcements

Director/PDMR Shareholding

Source: RNS
RNS Number : 4500N
Rio Tinto PLC
20 January 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 PDMR / KMPs to both the Australian Securities Exchange (ASX) and the London Stock Exchange (LSE).

 

Global Employee Share Plan (myShare)

 

Under myShare employees can 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. Matching shares are subject to a three-year holding period, after which they vest.

 

myShare vesting

 

On 17 January 2023, the following PDMRs / KMPs received their vested matching shares under myShare, of which sufficient were sold on 17 January 2023 to pay applicable withholding tax and other deductions.

 

Security

Name of PDMR / KMP

Number of Matching shares originally awarded

Number of shares vested*

Number of shares sold

Price per share sold

Number of shares retained

Rio Tinto plc

shares

Baatar, Bold

 8.037

 10.077

 4.358414

GBP 61.325098

 5.718586

Rio Tinto plc

shares

Barrios, Alfredo

 15.9603

 20.0121

 3.758053

GBP 61.325098

 16.254047

Rio Tinto plc

shares

Cunningham, Peter

 8.037

 10.077

 4.358414

GBP 61.325098

 5.718586

Rio Tinto Limited shares

Kaufman, Sinead

 13.2965

 16.499

 0

AUD 121.50

 16.499

Rio Tinto plc

shares

Stausholm, Jakob

 8.037

 10.077

 2.471546

GBP 61.325098

 7.605454

Rio Tinto Limited shares

Vella, Ivan

 11.4133

 14.1621

 6.895796

AUD 121.50

 7.266304

 

*The number of shares vested includes additional shares calculated to reflect dividends declared during the vesting period on the original matching shares awarded, in accordance with the plan rules.

 

myShare purchase

 

The following PDMRs / 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 acquired

Number of matching shares awarded

Price per share

 

Date of transaction

Rio Tinto plc

shares

Baatar, Bold

 6.137052

 6.137052

GBP 61.10423

17/01/2023

Rio Tinto plc

shares

Barrios, Alf

 17.002422

 17.002422

GBP 61.10423

17/01/2023

Rio Tinto plc

shares

Cunningham, Peter

 6.137052

 6.137052

GBP 61.10423

17/01/2023

Rio Tinto Limited

shares

Kaufman, Sinead

 11.554989

 11.554989

AUD 120.9867

17/01/2023

Rio Tinto plc

shares

Stausholm, Jakob

 6.137052

 6.137052

GBP 61.10423

17/01/2023

Rio Tinto plc

shares

Vella, Ivan

 13.49039

 13.49039

GBP 61.10423

17/01/2023

 

UK Share Plan (UKSP)

 

The UKSP is an HMRC approved Share Incentive Plan under which qualifying UK employees can 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).

 

The following PDMRs / KMPs purchased Rio Tinto plc shares under the UKSP and were allocated the same number of matching shares as follows:

 

Name of PDMR / KMP

Number of shares

acquired

Number of Matching shares awarded

Price per share

Date of transaction

Baatar, Bold

6

6

GBP 61.10423

17/01/2023

Stausholm, Jakob

6

6

GBP 61.10423

17/01/2023

 

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 +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

 

 

 

 

 

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

 

 

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