AI assistant
Rio Tinto PLC — Director's Dealing 2014
Mar 18, 2014
4666_dirs_2014-03-18_aeb8d80e-f3f7-463e-88bb-83458af16a06.html
Director's Dealing
Open in viewerOpens in your device viewer
National Storage Mechanism | Additional information
You don't have Javascript enabled. For full functionality this page requires javascript to be enabled.
RNS Number : 6226C
Rio Tinto PLC
18 March 2014
Rio Tinto plc
Director/PDMR Shareholding
18 March 2014
Rio Tinto Bonus Deferral Plan ("BDP")
Rio Tinto Performance Share Plan ("PSP")
On 17 March 2014 the Remuneration committee approved a 50% bonus deferral for members of the Executive committee under the BDP. All bonus deferrals are in Rio Tinto plc shares of 10p each ("ordinary shares") valued using the five day average price of shares between 10 and 14 March 2014 which vest on the basis of service at 1 December 2016.
The PSP is a performance share plan which provides participants with the conditional right, subject to performance conditions being met, to receive ordinary shares.
Rio Tinto plc announces that, on 17 March 2014, the following Persons Discharging Managerial Responsibility (PDMRs) were awarded the following:
| PDMR | No of shares awarded under BDP | No of shares awarded under PSP |
| Hugo Bague | 9,669 | 61,607 |
| Jacynthe Côté | 9,036 | 74,752 |
| Andrew Harding | 11,776 | 76,539 |
| Jean-Sébastien Jacques | 8,259 | 70,057 |
| Harry Kenyon-Slaney | 9,217 | 66,798 |
| Christopher Lynch | 14,479 | 104,312 |
| Debra Valentine | 8,153 | 55,522 |
Awards under the PSP are subject to performance conditions. The awards granted in 2014 will be measured against the performance conditions after five years (at the end of 2018).
This announcement is made in accordance with the requirements of the Financial Conduct Authority's Disclosure and Transparency Rules 3.1.2 to 3.1.4.
For further information, please contact:
Enquiries:
Vaughn Walton
Assistant Company Secretary
Rio Tinto plc
Tel: 020 7781 1345
Website: www.riotinto.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
RDSDVLFFZXFZBBX