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RIO TINTO LIMITED — Director's Dealing 2024
Apr 23, 2024
65705_rns_2024-04-23_64b9b81d-5aee-41d6-a907-8df4927047b6.pdf
Director's Dealing
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Notice to ASX/LSE
Shareholdings of persons discharging managerial responsibility (PDMR) / Key Management Personnel (KMP)
23 April 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 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 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.
myShare vesting
On 19 April 2024, the following PDMR / KMP received their vested matching shares under myShare, of which sufficient were sold on 19 April 2024 to pay applicable withholding taxes and other deductions.
| Security | Name of PDMR /KMP | Number ofmatchingsharesoriginallyawarded | Numberof sharesvested* | Number ofshares sold | Price per sharesold | Numberof sharesretained |
|---|---|---|---|---|---|---|
| Rio Tinto plcshares | Baatar, Bold | 6.1784 | 7.9216 | 3.327128 | GBP 53.525 | 4.594472 |
| Rio Tinto plcshares | Barrios, Alfredo | 12.0782 | 15.4866 | 0.388946 | GBP 53.525 | 15.097654 |
| Rio Tinto plcshares | Cunningham,Peter | 6.1784 | 7.9216 | 3.327128 | GBP 53.525 | 4.594472 |
| Rio TintoLimited shares | Kaufman, Sinead | 11.6152 | 14.1199 | 0 | N/A | 14.1199 |
| Rio Tinto plcshares | Stausholm, Jakob | 6.1784 | 7.9216 | 3.327128 | GBP 53.525 | 4.594472 |
*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
On 17 April 2024, the following PDMR / KMP acquired shares under myShare and were allocated the same number of matching share awards.
| Security | Name ofPDMR / KMP | Number ofsharesacquired | Number ofmatchingshares awarded | Price pershare |
|---|---|---|---|---|
| Rio Tinto plc shares | Baatar, Bold | 6.929349 | 6.929349 | GBP 54.11763 |
| Rio Tinto plc shares | Barrios, Alf | 18.439831 | 18.439831 | GBP 54.11763 |
| Rio Tinto plc shares | Cunningham, Peter | 6.929349 | 6.929349 | GBP 54.11763 |
| Rio Tinto Limited shares | Kaufman, Sinead | 10.893372 | 10.893372 | AUD 128.3349 |
| Rio Tinto plc shares | Pécresse, Jérôme | 11.981676 | 11.981676 | GBP 54.11763 |
| Rio Tinto plc shares | Stausholm, Jakob | 6.929349 | 6.929349 | GBP 54.11763 |
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 (matching shares). Qualifying UK employees are also awarded Free Shares once a year.
On 17 April 2024, the following PDMR / KMP purchased shares under the UKSP and were allocated the same number of matching shares.
| Security | Name of PDMR | Number ofsharesacquired | Number ofmatchingsharesawarded | Price pershare |
|---|---|---|---|---|
| Rio Tinto plc shares | Baatar, Bold | 6 | 6 | GBP 54.11763 |
| Rio Tinto plc shares | Stausholm, Jakob | 7 | 7 | GBP 54.11763 |
FCA notifications in accordance with the EU Market Abuse Regulation have been issued to the London Stock Exchange contemporaneously with this release.
Contacts
Please direct all enquiries to [email protected]
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
Investor Relations, Australia
Tom Gallop M +61 439 353 948
Amar Jambaa M +61 472 865 948
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
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
Media Relations, Americas
Simon Letendre M +1 514 796 4973
Malika Cherry M +1 418 592 7293
Vanessa Damha M +1 514 715 2152