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Rio Tinto PLC — Director's Dealing 2016
Feb 26, 2016
4666_dirs_2016-02-26_0e40d1e6-661e-4d0b-9d43-20e1505b9d7c.html
Director's Dealing
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RNS Number : 3603Q
Rio Tinto PLC
26 February 2016
Shareholdings of directors and persons discharging managerial responsibility (PDMR) / Key Management Personnel (KMP)
26 February 2016
Rio Tinto plc notifies the London Stock Exchange (LSE) of PDMR/KMP interests in securities of Rio Tinto plc, in compliance with the UK Financial Conduct Authority's Disclosure and Transparency Rule 3.1. As part of its dual listed company structure, Rio Tinto voluntarily notifies the Australian Securities Exchange (ASX) of material dealings in Rio Tinto plc shares by PDMR/KMP and both ASX and the London Stock Exchange (LSE) of material dealings by PDMR/KMP in Rio Tinto Limited securities.
Performance Share Plan ("PSP")
The PSP is a performance based share plan which provides the Rio Tinto plc and Rio Tinto Limited participants with the conditional right to receive Rio Tinto plc or Rio Tinto Limited shares, subject to performance conditions being met, under the terms of the Rio Tinto plc PSP and Rio Tinto Limited PSP respectively. At the time of vesting, participants can elect to receive their awards for nil consideration either as shares or as cash from the proceeds of a sale of shares
On 25 February 2016 Rio Tinto plc was notified that on 25 February 2016 the following PDMR elected to receive his vested PSP award in the form of shares, of which sufficient were sold to pay applicable withholding tax and other deductions.
| Security | Name of PDMR/KMP | Conditional Award Granted | No: of Shares Lapsed | No: of Shares Vested | No: of Shares Sold | Price per Share GBP |
No: of Shares Retained |
| Rio Tinto plc | Harding, Andrew | 22,390 | 7,747 | 14,643 | 7,047 | 18.17 | 7,596 |
On 18 February 2016 Rio Tinto Limited was notified that on 18 February 2016 the following KMP elected to receive his vested PSP award in the form of shares, of which sufficient were sold to pay applicable withholding tax and other deductions.
| Security | Name of PDMR/KMP | Conditional Award Granted | No: of Shares Lapsed | No: of Shares Vested | No: of Shares Sold | Price per Share AUD |
No: of Shares Retained |
| Rio Tinto Limited | Davies, Alan | 6,663 | 2,306 | 4,357 | 2,100 | 43.16 | 2,257 |
This announcement is made in compliance with the UK Financial Conduct Authority's Disclosure and Transparency Rule 3.1.
| ### Vaughn Walton ### Assistant Company Secretary |
### Tim Paine Joint Company Secretary |
| ### Rio Tinto plc 6 St James's Square London SW1Y 4AD United Kingdom T +44 20 7781 1345 Registered in England No. 719885 |
### Rio Tinto Limited 120 Collins Street Melbourne 3000 Australia T +61 3 9283 3333 Registered in Australia ABN 96 004 458 404 |
This information is provided by RNS
The company news service from the London Stock Exchange
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