14th Dec 2011 17:28
Rio Tinto plc
Director/PDMR Shareholding
14 December 2011
Rio Tinto 2009 Bonus Deferral Plan ("BDP")
In 2009, the Remuneration committee made the decision to defer the cash bonuses for senior executives. All bonus deferrals were in Rio Tinto shares valued on the date of grant.
Rio Tinto plc announces that, on 13 December 2011, Tom Albanese and Debra Valentine, persons discharging managerial responsibility ("PDMR's") of the Company elected to receive their vested awards of which sufficient were sold to pay applicable withholding tax and other deductions.
PDMR | No of Shares Granted | Dividend Share Entitlement | No of Shares Vested | No of Shares Sold | Sale Price per Share |
Tom Albanese | 28,278 | 1,164 | 29,442 | 15,679 | £31.356800 |
Debra Valentine | 3,102 | 127 | 3,229 | 1,456 | £31.405501 |
Rio Tinto plc announces that, on 13 December 2011, Preston Chiaro, a person discharging managerial responsibility ("PDMR") of the Company elected to receive his vested award and sold the resulting shares.
PDMR | No of Shares Granted | Dividend Share Entitlement | No of Shares Vested | No of Shares Sold | Sale Price per Share |
Preston Chiaro | 19,082 | 785 | 19,867 | 19,867 | £31.364600 |
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