6 December 2022
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/KMP to both the Australian Securities Exchange (ASX) and the London Stock Exchange (LSE).
Bonus Deferral Awards ("BDA") granted under the Rio Tinto 2018 Equity Incentive Plan
50% of the annual bonuses of the participating executives are delivered as BDA in the form of deferred ordinary shares of Rio Tinto plc or Rio Tinto Limited ("shares"), as applicable. The BDA vests in December of the third year after the end of the performance year to which the annual bonus relates.
On 1 December 2022, Rio Tinto was notified that the following PDMR / KMP received their vested 2020 BDA in the form of shares, of which sufficient were sold to pay applicable withholding tax and other deductions.
| Security | Name of PDMR / KMP | Conditional Award Granted | No: of Shares Vested* | No: of Shares Sold | Price per Share | No: of Shares Retained | Date of Transaction |
| Rio Tinto plc shares | Baatar, Bold
| 9,329 | 11,698 | 5,526 | GBP 55.709223 | 6,172 | 01/12/2022 |
| Rio Tinto plc shares | Barrios, Alfredo | 8,724 | 10,939 | 3,310
| GBP 55.709223 | 7,629
| 01/12/2022 |
| Rio Tinto plc shares | Cunningham, Peter** | 1,802 | 2,259
| 1,068
| GBP 55.709223 | 1,191
| 01/12/2022 |
| Rio Tinto Limited shares | Kaufman, Sinead** | 1,645 | 2,036
| 952
| AUD 110.55 | 1,084
| 01/12/2022 |
| Rio Tinto plc shares | Stausholm, Jakob | 13,454 | 16,870
| 4,964
| GBP 55.709223 | 11,906
| 01/12/2022 |
| Rio Tinto plc shares | Trott, Simon | 9,615 | 12,056
| 2,666
| GBP 55.709223 | 9,390
| 01/12/2022 |
| Rio Tinto Limited shares | Vella, Ivan** | 1,201 | 1,486
| 280
| AUD 110.55 | 1,206
| 01/12/2022 |
*The number of shares vested includes additional shares calculated to reflect dividends declared during the vesting period on the original shares granted.
** Deferral was 25% of annual bonus as it related to a performance year prior to becoming a PDMR.
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 Matthew Klar M+ 44 7796 630 637
David Outhwaite M +44 7787 597 493
Media Relations, Americas Simon Letendre Investor Relations, UK Menno Sanderse M: +44 7825 195 178
David Ovington M +44 7920 010 978
Clare Peever M +44 7788 967 877
| Media Relations, Australia Matt Chambers M +61 433 525 739
Jesse Riseborough M +61 436 653 412
Investor Relations, Australia Tom Gallop M +61 472 865 948 |
| Rio Tinto plc 6 St James's Square T +44 20 7781 2000 No. 719885 | Rio Tinto Limited Level 43, 120 Collins Street Melbourne 3000 Australia
T +61 3 9283 3333 Registered in Australia ABN 96 004 458 404 |
This announcement is authorised for release to the market by Steve Allen, Rio Tinto's Group Company Secretary.
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