Source - RNS
RNS Number : 9803M
Rio Tinto PLC
19 October 2016
 

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

 

19 October 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 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 ASX and the London Stock Exchange (LSE) of material dealings by PDMR/KMP in Rio Tinto Limited securities.

 

Global Employee Share Plan (GESP)

 

Under the GESP employees are able to purchase on a quarterly basis Rio Tinto plc ordinary shares of 10p each ('shares'), Rio Tinto plc ADRs or Rio Tinto Limited ordinary shares ('shares') out of monthly deductions from salary and are allocated an equivalent number of shares or ADRs free of charge ('matching shares' and 'matching ADRs') conditional upon satisfying the terms of the GESP.

 

The following PDMR/KMP acquired Rio Tinto shares or ADRs under the GESP and were allocated the same number of matching shares or ADRs as follows:

 

Security

Name of PDMR/KMP

Number of Shares or ADRs Acquired

Matching shares / ADRs

Price per Share /ADR

 

Date of transaction

Rio Tinto plc shares

Bague, Hugo

28.7163

28.7163

26.11748 GBP

17/10/2016

Rio Tinto plc shares

Barrios, Alfredo

28.639

28.639

26.11748 GBP

17/10/2016

Rio Tinto plc shares

Davies, Alan

14.3581

14.3581

26.11748 GBP

17/10/2016

Rio Tinto Limited shares

Farrell, Joanne

27.5251

27.5251

50.79 AUD

17/10/2016

Rio Tinto plc shares

Jacques, Jean-Sébastien

14.3581

14.3581

26.11748 GBP

17/10/2016

Rio Tinto Limited shares

McIntosh, Stephen

27.5251

27.5251

50.79 AUD

17/10/2016

Rio Tinto plc ADRs

Valentine, Debra

39.1952

39.1952

31.8406 USD

17/10/2016

 

These were non-discretionary transactions.

 

UK Share Plan (UKSP)

 

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.

 

The following PDMR/KMP purchased Rio Tinto plc shares under the UKSP and were allocated the same number of matching shares as follows. 

 

Security

Name of PDMR/KMP

Number of Shares Acquired

Matching shares

Price per Share

 

Date of transaction

Rio Tinto plc shares

Davies, Alan

14

14

26.11748 GBP

17/10/2016

Rio Tinto plc shares

Jacques, Jean-Sébastien

14

14

26.11748 GBP

17/10/2016

 

These were non-discretionary transactions.

 

FCA notifications in accordance with the EU Market Abuse Regime have 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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