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RIO TINTO LIMITED — Director's Dealing 2016
Feb 17, 2016
65705_rns_2016-02-17_2ef179e8-a1f0-40f0-9821-1672a4772955.pdf
Director's Dealing
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Notice to ASX and LSE
Shareholdings of directors and persons discharging managerial responsibility (PDMR) / Key Management Personnel (KMP)
17 February 2016
Rio Tinto plc notifies the London Stock Exchange (LSE) of PDMR/KMP interests in securities of Rio Tinto plc, in compliance with the UK Financial Conduct Authority’s Disclosure and Transparency Rule 3.1. 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.
Performance Share Plan ("PSP")
The PSP is a performance based share plan which provides the Rio Tinto plc and Rio Tinto Limited participants with the conditional right to receive Rio Tinto plc or Rio Tinto Limited shares, subject to performance conditions being met, under the terms of the Rio Tinto plc PSP and Rio Tinto Limited PSP respectively. At the time of vesting, participants can elect to receive their awards for nil consideration either as shares or as cash from the proceeds of a sale of shares
On 17 February 2016 Rio Tinto plc was notified that on 16 February 2016 the following PDMR elected to receive his vested PSP award in the form of shares, of which sufficient were sold to pay applicable withholding tax and other deductions.
| Security | Name ofPDMR/KMP | ConditionalAwardGranted | No: ofSharesLapsed | No: ofSharesVested | No: ofSharesSold | PriceperShareGBP | No: ofSharesRetained |
|---|---|---|---|---|---|---|---|
| Rio Tintoplc | Bague, Hugo | 22,056 | 7,632 | 14,424 | 2,776 | 19.10 | 11,648 |
This announcement is made in compliance with the UK Financial Conduct Authority’s Disclosure and Transparency Rule 3.1.
Vaughn Walton
Assistant Company Secretary
Tim Paine
Joint Company Secretary
Rio Tinto plc
6 St James’s Square London SW1Y 4AD United Kingdom
Rio Tinto Limited 120 Collins Street Melbourne 3000 Australia
T +44 20 7781 1345 Registered in England No. 719885
T +61 3 9283 3333 Registered in Australia ABN 96 004 458 404