Source - RNS
RNS Number : 0034L
Rio Tinto PLC
27 September 2016
 

 

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

 

Dividend Reinvestment

 

27 September 2016

 

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 Regime Article 19 (3). 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.

Rio Tinto Employee Vested Share Account (VSA) dividend reinvestment plan

Rio Tinto plc ordinary shares of 10p each (shares) and Rio Tinto Limited ordinary shares (shares) held in a VSA are subject to a dividend reinvestment plan whereby cash dividends are used to buy Rio Tinto plc or Rio Tinto Limited shares in the market.

 

On 22 September 2016 the following PDMR/KMP acquired shares in Rio Tinto plc under a dividend reinvestment plan, on shares held in a VSA.

 

Security

Name of PDMR/KMP

Number of Shares Acquired

Price per Share

GBP

Rio Tinto plc shares

Barrios, Alfredo

37.87866

25.11258

Rio Tinto plc shares

Jacques, Jean-Sébastien

196.74804

25.11258

Rio Tinto plc shares

Valentine, Debra

958.75298

25.11258

 

On 26 September 2016 the following PDMR/KMP acquired shares in Rio Tinto Limited under a dividend reinvestment plan, on shares held in a VSA.

 

Security

Name of PDMR/KMP

Number of Shares Acquired

Price per Share

AUD

Rio Tinto Limited shares

Davies, Alan

88.10966

49.97

Rio Tinto Limited shares

McIntosh, Stephen

11.80808

49.97

Rio Tinto Limited shares

Soirat, Arnaud

58.71662

49.97

 

These were non-discretionary transactions.

 

UK Share Plan (UKSP) dividend reinvestment plan

 

The UKSP is an HMRC approved Share Incentive Plan under which qualifying UK employees are able to purchase on a quarterly basis Rio Tinto plc shares out of monthly deductions from salary and are allocated an equivalent number of shares free of charge (UKSP matching shares).  Qualifying UK employees are also awarded Free shares once a year. Rio Tinto plc shares held in the UKSP are subject to a dividend reinvestment plan whereby cash dividends are used to buy Rio Tinto plc shares in the market.

 

On 22 September 2016 the following PDMR/KMP acquired shares in Rio Tinto plc under a dividend reinvestment plan, on shares held in a UKSP. These were non-discretionary transactions.

 

Security

Name of PDMR/KMP

Number of Shares Acquired

Price per Share

GBP

Rio Tinto plc shares

Bague, Hugo

9

25.11258

Rio Tinto plc shares

Davies, Alan

4

25.11258

Rio Tinto plc shares

Jacques, Jean-Sébastien

16

25.11258

Rio Tinto plc shares

Lynch, Christopher

5

25.11258

Rio Tinto plc shares

McIntosh, Stephen

10

25.11258

 

Global Employee Share Plan (GESP) dividend reinvestment plan

 

Under the GESP employees are able to purchase on a quarterly basis Rio Tinto plc shares, Rio Tinto ADRs or Rio Tinto Limited shares, out of monthly deductions from salary and are allocated an equivalent number of shares or ADRs free of charge (GESP matching shares), which are conditional upon satisfying the terms of the GESP.

 

Rio Tinto plc shares and ADRs, and Rio Tinto Limited shares, held in the GESP are subject to a dividend reinvestment plan whereby cash dividends are used to buy Rio Tinto plc shares and ADRs and Rio Tinto Limited shares in the market under the terms of the GESP. 

 

On 22 September 2016 the following PDMR/KMP acquired Rio Tinto plc shares under a dividend reinvestment plan, on shares held in the GESP.

 

Security

Name of PDMR/KMP

Number of Shares Acquired

Price per Share

GBP

Rio Tinto plc shares

Bague, Hugo

5.007

25.11258

Rio Tinto plc shares

Barrios, Alfredo

2.8686

25.11258

Rio Tinto plc shares

Davies, Alan

1.1018

25.11258

Rio Tinto plc shares

Jacques, Jean-Sébastien

3.0634

25.11258

 

On 26 September 2016 the following PDMR/KMP acquired Rio Tinto plc shares under a dividend reinvestment plan, on shares held in the GESP.

 

Security

Name of PDMR/KMP

Number of Shares Acquired

Price per Share

AUD

Rio Tinto Limited shares

Davies, Alan

2.833

49.97

Rio Tinto Limited shares

Farrell, Joanne

3.5861

49.97

Rio Tinto Limited shares

McIntosh, Stephen

4.9311

49.97

 

On 26 September 2016 the following PDMR/KMP acquired Rio Tinto plc shares under a dividend reinvestment plan, on shares held in the GESP.

 

Security

Name of PDMR/KMP

Number of ADRs Acquired

Price per Unit USD

Rio Tinto plc ADRs

Valentine, Debra

6.831

32.3348

 

These were non-discretionary transactions.



 

Rio Tinto plc and Rio Tinto Limited dividend reinvestment plans

Rio Tinto plc and Rio Tinto Limited offer a dividend reinvestment plan that gives shareholders the opportunity to use their cash dividends to buy Rio Tinto plc or Rio Tinto Limited shares respectively, in the market.

On 22 September 2016 the following PDMR/KMP acquired shares in Rio Tinto plc under the Rio Tinto plc dividend reinvestment plan.

 

Security

Name of PDMR/KMP

Number of Shares Acquired

Price per Share

GBP

Rio Tinto plc shares

Farrell, Joanne

37

25.11258

 

On 22 September 2016 the following PDMR/KMP acquired shares in Rio Tinto Limited under the Rio Tinto Limited dividend reinvestment plan. 

 

Security

Name of PDMR/KMP

Number of Shares Acquired

Price per Share

AUD

Rio Tinto Limited shares

Farrell, Joanne

260

49.196092

 

These were non-discretionary transactions.

 

Further to the announcement by the Company on 21 April 2016, under RNS No. 9853V, the Company wishes to notify that due to an administrative error, the following details in relation to shares acquired by Debra Valentine under the Global Employee Share Plan (GESP) on 18 April 2016 were omitted

 

Security

Name of PDMR/KMP

Number of Shares Acquired

Matching shares

Price per Share

USD

Rio Tinto plc ADRs

Valentine, Debra

39.4639

39.4639

31.6238

 

This was a non-discretionary transaction.

 

Save as disclosed above, all other details of that announcement remain unchanged.

 

 

 

An FCA notification in accordance with the EU Market Abuse Regime has been issued to the London Stock Exchange contemporaneously with this release.

 

 

Victoria Hames

Acting Company Secretary

 

Tim Paine

Joint Company Secretary

Rio Tinto plc

6 St James's Square

London SW1Y 4AD

United Kingdom

 

T +44 20 7781 1668
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
 
END
 
 
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