Rio Tinto PLC Director/PDMR Shareholding (5668A)
September 12 2018 - 6:31AM
UK Regulatory
TIDMRIO
RNS Number : 5668A
Rio Tinto PLC
12 September 2018
Shareholdings of persons discharging managerial responsibility
(PDMR) / Key Management Personnel (KMP)
Rio Tinto Equity Incentive Plan 2018 (EIP)
Performance Share Award
12 September 2018
Rio Tinto plc notifies the London Stock Exchange (LSE) of
PDMR/KMP interests in securities of Rio Tinto plc, in compliance
with the EU Market Abuse Regulation. 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 the ASX and the LSE of material
dealings by PDMR/KMP in Rio Tinto Limited securities.
The Performance Share Award (PSA) is a performance share award
granted under the EIP which provides participants with the
conditional right, subject to performance conditions being met, to
receive shares. The number of shares comprised in the PSA is
determined using the average share price for the year immediately
preceding the commencement of the relevant performance period. As
advised in the Rio Tinto 2017 Annual report published on 1 March
2018, the value is GBP34.10 in the case of Rio Tinto plc. The
awards granted in 2018 will be measured against the Total
Shareholder Return performance conditions after five years (as at
the end of 2022) and are due to vest in February 2023.
On 10 September 2018, the following PDMR/KMP was awarded the
following share award in line with contractual agreements and as
set out in the announcement made on 12 June 2018 announcing the
appointment of Jakob Stausholm as Chief financial officer:
Security Name of PDMR / No. of shares
KMP awarded
Rio Tinto plc
shares Stausholm, Jakob 29,886
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LEI: 213800YOEO5OQ72G2R82
Classification: 2.2. Inside information disclosed under article
19 of the Market Abuse Regulation
Steve Allen Tim Paine
Group Company Secretary Joint Company Secretary
Rio Tinto plc Rio Tinto Limited
6 St James's Square Level 7, 360 Collins Street
London Melbourne 3000
SW1Y 4AD Australia
T +44 20 7781 2058 T +61 3 9283 3333
Registered in England Registered in Australia
No. 719885 ABN 96 004 458 404
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END
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