15th Mar 2011 17:12
Rio Tinto plc
Director/PDMR Shareholding
15 March 2011
Rio Tinto Management Share Plan ("MSP")
The MSP is a service based award which provides participants with an award of shares which vests subject to continuous employment.
At the time of vesting, participants in this share plan can elect to receive their award for nil consideration either as shares or as cash from the proceeds of a sale of shares.
Rio Tinto plc announces that, on 14 March 2011, Debra Valentine, a person discharging managerial responsibility of the Company, received her vested award in the form of shares of which sufficient were sold to pay applicable withholding tax and other deductions.
Conditional award granted | Dividend shares entitlement | No of shares vested | No of shares sold | Sale price per share | No of shares retained | Amount of award still to vest |
12,105 | 163 | 6,215 | 2,006 | £39.72 | 4,209 | 6,053 |
This announcement is made in accordance with the requirements of the Financial Services Authority Disclosure and Transparency Rules 3.1.2 to 3.1.4.
For further information, please contact:
Secretarial Department
Pat Sims
Office: +44 (0) 20 7781 1910
Website: www.riotinto.com
Related Shares:
Rio Tinto