AI assistant
RIO TINTO LIMITED Director's Dealing 2021
65705_rns_2021-10-21_3b86a571-cf77-4026-bb31-07dde3c3bb53.pdf
Director's Dealing
Open in viewerOpens in your device viewer
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.
On 18 October 2021, the followingPDMR / KMPs acquired Rio Tinto shares undermyShare and were allocated the same number of matching share awards as follows:
| Security | Name of PDMR /KMP | Number ofshares | Matchingshares | Price per share |
|---|---|---|---|---|
| Rio Tinto plcshares | Baatar, Bold | 7.425000 | 7.425000 | 50.5047 GBP |
| Rio Tinto plcshares | Barrios, Alfredo | 30.371600 | 30.371600 | 50.5047 GBP |
| Rio Tinto plcshares | Cunningham, Peter | 7.425000 | 7.425000 | 50.5047 GBP |
| Rio Tinto Limitedshares | Kaufman, Sinead | 13.956200 | 13.956200 | 100.17 AUD |
| Rio Tinto plcshares | Stausholm, Jakob | 7.425000 | 7.425000 | 50.5047 GBP |
| Rio Tinto plcshares | Vella, Ivan | 15.301500 | 15.301500 | 50.5047 GBP |
Upon vesting, on 18 October 2021, the following PDMR / KMPs received matching shares under myShare, of which sufficient were sold on 19 October 2021 to pay applicable withholding tax and other deductions.
| Security | Name of PDMR /KMP | No: ofMatchingSharesGranted | No: of SharesVested* | No: of SharesSold | Price per ShareSold | No: of SharesRetained |
|---|---|---|---|---|---|---|
| Rio Tinto plcshares | Baatar, Bold | 19.6266 | 25.6475 | 10.7720 | 50.550926 GBP 14.8755 | |
| Rio Tinto plcshares | Barrios, Alfredo | 19.8857 | 25.986 | 8.7287 | 50.550926 GBP 17.2573 | |
| Rio Tinto plcshares | Cunningham,Peter | 9.8133 | 12.8235 | 5.3859 | 50.550926 GBP 7.4376 | |
| Rio Tinto Limitedshares | Kaufman, Sinead | 17.7953 | 22.8227 | 0 | - | 22.8227 |
| Rio Tinto plcshares | Trott, Simon | 24.868 | 32.4967 | 7.1494 | 50.550926 GBP 25.3473 | |
|---|---|---|---|---|---|---|
| Rio Tinto Limitedshares | Vella, Ivan | 15.2749 | 19.5901 | 9.5388 | 99.306406 AUD 10.0513 |
*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.
On 18 October 2021, 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 /KMP | Number ofSharesAcquired | Matchingshares | Price per Share |
|---|---|---|---|---|
| Rio Tinto plcshares | Baatar, Bold | 7 | 7 | 50.5047 GBP |
| Rio Tinto plcshares | Stausholm, Jakob | 7 | 7 | 50.5047 GBP |
FCA notifications in accordance with the EU Market Abuse Regulation have been issued to the London Stock Exchange contemporaneously with this release.
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
Rio Tinto plc
6 St James's Square London SW1Y 4AD United Kingdom
T +44 20 7781 2000 Registered in England No. 719885
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 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.