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RIO TINTO LIMITED — Director's Dealing 2023
Feb 27, 2023
65705_rns_2023-02-27_d14c87aa-aa0c-46a8-a675-0793931ea2d9.pdf
Director's Dealing
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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 ofPDMR / KMP | Conditionalawardgranted | Numberofshares | Numberofshares | Numberofshares | Price pershare | Numberofshares | Date oftransaction |
|---|---|---|---|---|---|---|---|---|
| lapsed | vested* | sold | retained | |||||
| Rio Tinto plc | Stausholm, | 29,886 | 0 | 39,894 | 11,903 | GBP | 27,991 | 23/02/2023 |
| shares | Jakob | 59.221903 | ||||||
| Rio Tinto plc | Cunningham, | 7,229 | 0 | 9,763 | 4,648 | GBP | 5,115 | 23/02/2023 |
| shares | Peter | 59.221903 | ||||||
| Rio Tinto plc | Baatar, Bold | 63,039 | 0 | 85,143 | 40,530 | GBP | 44,613 | 23/02/2023 |
| shares | 59.221903 | |||||||
| Rio Tinto plc | Barrios, | 66,050 | 0 | 89,209 | 31,363 | GBP | 57,846 | 23/02/2023 |
| shares | Alfredo | 59.221903 | ||||||
| Rio Tinto | Kaufman, | 6,322 | 0 | 8,324 | 4,017 | AUD | 4,307 | 23/02/2023 |
| Limited | Sinead | 122.5763 | ||||||
| shares | ||||||||
| Rio Tinto plc | Trott, Simon | 57,188 | 0 | 77,240 | 18,775 | GBP | 58,465 | 23/02/2023 |
| shares | 59.221903 | |||||||
| Rio Tinto | Vella, Ivan | 13,376 | 0 | 17,613 | 4,247 | AUD | 13,366 | 23/02/2023 |
| Limited | 122.5763 | |||||||
| shares |
*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 ofPDMR / KMP | Conditionalawardgranted | Numberofsharesvested* | Numberofsharessold | Price pershare | Numberofsharesretained | Date oftransaction |
|---|---|---|---|---|---|---|---|
| Rio Tinto plcshares | Cunningham,Peter | 3,713 | 4,551 | 2,167 | GBP 59.221903 | 2,384 | 23/02/2023 |
| Rio TintoLimited shares | Kaufman,Sinead | 4,289 | 5,160 | 2,491 | AUD 122.5763 | 2,669 | 23/02/2023 |
| Rio TintoLimited 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.
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
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
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 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.