1st Mar 2010 17:46
Rio Tinto plc
Director/PDMR Shareholding
1 March 2010
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 can elect to receive their awards for nil consideration either as shares or as cash from the proceeds of a sale of shares.
Rio Tinto plc announces that, on 26 February 2010, Jacynthe Côté, a person discharging managerial responsibility ("PDMR") of the Company elected to receive her vested award in the form of shares of which sufficient were sold to pay applicable withholding tax and other deductions.
Conditional Award Granted |
No of Shares Vested |
No of Shares Sold |
Sale Price per Share |
No of Shares Retained |
5,462 |
5,462 |
2,702 |
£33.4352 |
2,760 |
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