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Rio Tinto PLC — Remuneration Information 2014
Feb 28, 2014
4666_dirs_2014-02-28_488200e7-8510-4ee7-99d8-b2e5fc3fffa2.html
Remuneration Information
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RNS Number : 2817B
Rio Tinto PLC
28 February 2014
Rio Tinto plc
Director/PDMR Shareholding
28 February 2014
Rio Tinto Performance Share Plan ("PSP")
The PSP is a performance based share plan which provides participants with the conditional right, subject to performance conditions being met, to receive ordinary shares of 10p each ("shares").
At the time of vesting, participants in the plan can elect to receive their awards for nil consideration either as shares or as cash from the proceeds of a sale of shares.
Rio Tinto plc was notified on 27 February 2014 that on 27 February 2014, Hugo Bague, a person discharging managerial responsibility ("PDMR") of the Company, received his vested 2010 award in the form of shares of which sufficient were sold to pay applicable withholding tax and other deductions.
| Conditional Award Granted | No of Shares Lapsed | No of Shares Vested | No of Shares Sold |
Sale Price per Share |
No of Shares Retained |
| 31,531 | 7,883 | 23,648 | 8,393 | £34.0221 | 15,255 |
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
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