TIDMRIO

RNS Number : 4500N

Rio Tinto PLC

20 January 2023

Shareholdings of persons discharging managerial responsibility (PDMR) / Key Management Personnel (KMP)

As part of its dual listed company structure, Rio Tinto notifies dealings in Rio Tinto plc and Rio Tinto Limited securities by PDMR / KMPs to both the Australian Securities Exchange (ASX) and the London Stock Exchange (LSE).

Global Employee Share Plan (myShare)

Under myShare employees can purchase, on a quarterly basis, Rio Tinto plc ordinary shares of 10p each or Rio Tinto Limited ordinary shares ('shares'). Shares are purchased out of monthly deductions from salary, and participants are allocated an equivalent number of shares free of charge ('matching shares'), conditional upon satisfying the terms of myShare. Matching shares are subject to a three-year holding period, after which they vest.

myShare vesting

On 17 January 2023, the following PDMRs / KMPs received their vested matching shares under myShare, of which sufficient were sold on 17 January 2023 to pay applicable withholding tax and other deductions.

 
Security            Name of PDMR       Number        Number      Number of     Price per      Number 
                     / KMP              of Matching   of shares   shares sold   share sold     of shares 
                                        shares        vested*                                  retained 
                                        originally 
                                        awarded 
Rio Tinto plc 
 shares             Baatar, Bold        8.037         10.077      4.358414     GBP 61.325098   5.718586 
                    -----------------  ------------  ----------  ------------  -------------  ---------- 
Rio Tinto plc 
 shares             Barrios, Alfredo    15.9603       20.0121     3.758053     GBP 61.325098   16.254047 
                    -----------------  ------------  ----------  ------------  -------------  ---------- 
Rio Tinto plc       Cunningham, 
 shares              Peter              8.037         10.077      4.358414     GBP 61.325098   5.718586 
                    -----------------  ------------  ----------  ------------  -------------  ---------- 
Rio Tinto Limited 
 shares             Kaufman, Sinead     13.2965       16.499      0            AUD 121.50      16.499 
                    -----------------  ------------  ----------  ------------  -------------  ---------- 
Rio Tinto plc 
 shares             Stausholm, Jakob    8.037         10.077      2.471546     GBP 61.325098   7.605454 
                    -----------------  ------------  ----------  ------------  -------------  ---------- 
Rio Tinto Limited 
 shares             Vella, Ivan         11.4133       14.1621     6.895796     AUD 121.50      7.266304 
                    -----------------  ------------  ----------  ------------  -------------  ---------- 
 

*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

The following PDMRs / KMPs acquired Rio Tinto shares under myShare and were allocated the same number of matching share awards as follows:

 
 Security             Name of PDMR         Number       Number of         Price per      Date of 
                       / KMP                of shares    matching          share          transaction 
                                            acquired     shares awarded 
 Rio Tinto plc 
  shares              Baatar, Bold         6.137052     6.137052          GBP 61.10423   17/01/2023 
                     -------------------  -----------  ----------------  -------------  ------------- 
 Rio Tinto plc 
  shares              Barrios, Alf         17.002422    17.002422         GBP 61.10423   17/01/2023 
                     -------------------  -----------  ----------------  -------------  ------------- 
 Rio Tinto plc 
  shares              Cunningham, Peter    6.137052     6.137052          GBP 61.10423   17/01/2023 
                     -------------------  -----------  ----------------  -------------  ------------- 
 Rio Tinto Limited 
  shares              Kaufman, Sinead      11.554989    11.554989         AUD 120.9867   17/01/2023 
                     -------------------  -----------  ----------------  -------------  ------------- 
 Rio Tinto plc 
  shares              Stausholm, Jakob     6.137052     6.137052          GBP 61.10423   17/01/2023 
                     -------------------  -----------  ----------------  -------------  ------------- 
 Rio Tinto plc 
  shares              Vella, Ivan          13.49039     13.49039          GBP 61.10423   17/01/2023 
                     -------------------  -----------  ----------------  -------------  ------------- 
 

UK Share Plan (UKSP)

The UKSP is an HMRC approved Share Incentive Plan under which qualifying UK employees can 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 (UKSP matching shares).

The following PDMRs / KMPs purchased Rio Tinto plc shares under the UKSP and were allocated the same number of matching shares as follows:

 
 Name of PDMR        Number       Number of         Price per      Date of 
  / KMP               of shares    Matching          share          transaction 
                      acquired     shares awarded 
 Baatar, Bold        6            6                 GBP 61.10423   17/01/2023 
                    -----------  ----------------  -------------  ------------- 
 Stausholm, Jakob    6            6                 GBP 61.10423   17/01/2023 
                    -----------  ----------------  -------------  ------------- 
 

FCA notifications in accordance with the EU Market Abuse Regulation have been issued to the London Stock Exchange contemporaneously with this release.

LEI: 213800YOEO5OQ72G2R82

Classification: 3.1. Information disclosed under article 19 of the Market Abuse Regulation.

 
Contacts  Please direct all enquiries to media.enquiries@riotinto.com 
 
 
Media Relations, UK         Media Relations, Australia 
 Matthew Klar                Matt Chambers 
 M + 44 7796 630 637         M +61 433 525 739 
 
 David Outhwaite             Jesse Riseborough 
 M +44 7787 597 493          M +61 436 653 412 
 
 Media Relations, Americas 
 Simon Letendre 
 M +514 796 4973 
 
 Malika Cherry               Investor Relations, Australia 
 M +1 418 592 7293           Tom Gallop 
                             M +61 439 353 948 
 
 Investor Relations, UK      Amar Jambaa 
 Menno Sanderse              M +61 472 865 948 
 M: +44 7825 195 178 
 
 David Ovington 
 M +44 7920 010 978 
 
 Clare Peever 
 M +44 7788 967 877 
Rio Tinto plc               Rio Tinto Limited 
 6 St James's Square         Level 43, 120 Collins Street 
 London SW1Y 4AD             Melbourne 3000 
 United Kingdom              Australia 
 
                             T +61 3 9283 3333 
 T +44 20 7781 2000          Registered in Australia 
 Registered in England       ABN 96 004 458 404 
 No. 719885 
 

This announcement is authorised for release to the market by Steve Allen, Rio Tinto's Group Company Secretary.

riotinto.com

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

DSHEBLFLXFLBBBD

(END) Dow Jones Newswires

January 20, 2023 11:00 ET (16:00 GMT)

Rio Tinto (LSE:RIO)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more Rio Tinto Charts.
Rio Tinto (LSE:RIO)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more Rio Tinto Charts.