Director/PDMR Shareholding

By

Regulatory News | 21 Oct, 2024

Updated : 17:30

RNS Number : 0088J
Rio Tinto PLC
21 October 2024
 

 

Notice to ASX/LSE                                                                                                                       

 

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

21 October 2024

 

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

 

Global Employee Share Plan (myShare)

 

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

 

myShare vesting

 

On 18 October 2024, the following PDMR / KMP received their vested matching shares under myShare, of which sufficient were sold on 18 October 2024 to pay applicable withholding taxes and other deductions.

 

Security

Name of PDMR / KMP

Number of matching shares originally awarded

Number of shares vested*

Number of shares sold

Price per share sold

Number of shares retained

Rio Tinto plc

Shares

Baatar, Bold

7.425

9.2306

3.70724

GBP 50.109104

5.52336

Rio Tinto plc

Shares

Cunningham, Peter

7.425

9.2306

3.876871

GBP 50.109104

5.353729

Rio Tinto Limited shares

Kaufman, Sinead

13.9562

16.6028

0

AUD 117.5058

16.6028

Rio Tinto plc

Shares

Stausholm, Jakob

7.425

9.2306

3.876871

GBP 50.109104

5.353729

 

*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

 

On 17 October 2024, the following PDMR / KMP acquired shares under myShare and were allocated the same number of matching share awards.

 

Security

Name of

PDMR / KMP

Number of shares acquired

Number of matching shares awarded

Price per share

Rio Tinto plc shares

Baatar, Bold

5.046888

5.046888

GBP 49.53547

Rio Tinto plc shares

Cunningham, Peter

7.570332

7.570332

GBP 49.53547

Rio Tinto Limited shares

Kaufman, Sinead

12.201792

12.201792

AUD 120.4741

Rio Tinto plc shares

Pécresse, Jérôme

15.213743

15.213743

GBP 49.53547

Rio Tinto plc shares

Stausholm, Jakob

7.570332

7.570332

GBP 49.53547

 

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. Rio Tinto plc shares are purchased out of monthly deductions from salary, and participants are allocated an equivalent number of shares free of charge (matching shares). Qualifying UK employees are also awarded Free Shares once a year.

 

On 17 October 2024, the following PDMR / KMP purchased shares under the UKSP and were allocated the same number of matching shares.

 

Security

Name of PDMR

Number of shares acquired

Number of matching shares awarded

Price per share

Rio Tinto plc shares

Baatar, Bold

5

5

GBP 49.53547

Rio Tinto plc shares

Stausholm, Jakob

8

8

GBP 49.53547

 

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,

United Kingdom

 

Matthew Klar

M +44 7796 630 637

 

David Outhwaite

M +44 7787 597 493

 

 

 

Media Relations,

Australia

 

Matt Chambers

M +61 433 525 739

 

Michelle Lee

M +61 458 609 322

 

Rachel Pupazzoni

M +61 438 875 469

 

 

 

 

Media Relations,

Canada

 

Simon Letendre

M +1 514 796 4973

 

Malika Cherry

M +1 418 592 7293

 

Vanessa Damha

M +1 514 715 2152

 

 

 

Investor Relations,

United Kingdom

 

David Ovington

M +44 7920 010 978

 

Laura Brooks  

M +44 7826 942 797 

 

Wei Wei Hu  

M +44 7825 907 230

 

 

 

Investor Relations,

Australia

 

Tom Gallop

M +61 439 353 948

 

Amar Jambaa

M +61 472 865 948

 

Media Relations,

US

 

Jesse Riseborough 

M +1 202 394 9480 

 

 

Rio Tinto plc

 

6 St James's Square

London SW1Y 4AD

United Kingdom

T +44 20 7781 2000

 

Registered in England

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 Andy Hodges, Rio Tinto's Group Company Secretary.

 


 

riotinto.com

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