14th Mar 2007 15:44
Rio Tinto PLC14 March 2007 Rio Tinto plc 14 March 2007 Rio Tinto Share Ownership Plan ("SOP") The SOP is an Inland Revenue approved trust arrangement, operated through CapitaAESOP Trustees Limited, under which employees are able to purchase ordinaryshares in the Company of 10p each ("ordinary shares"), using monthly deductionsfrom salary, and are allocated an equivalent number of free ordinary shares ("matching shares"). On 13 March 2007 Rio Tinto plc was notified that, on 12 March 2007 in London,the following executive directors and persons discharging managerialresponsibility ('PDMRs') of the Company each purchased ordinary shares at aprice of £27.1488 and were allocated the same number of matching shares, free ofcharge: No. of shares Total ordinary Percentage of issued share acquired capital shares heldDirectorG.R. Elliott 8 48,061 0.004774% PDMRsK.Johnson 10 18,771 0.001865%A.V.Lawless 10 8,513 0.000846%A.Mackenzie 8 40,484 0.004022%M.Merton 10 3,483 0.000346%A. Vickerman 10 5,446 0.000541% The above directors/PDMRs also have an interest in 864 shares as potentialbeneficiaries of the Rio Tinto Employee Share Ownership Trust. This announcement is made in accordance with the requirements of the FinancialServices Authority Disclosure Rules 3.1.2 to 3.1.4. Enquiries: Mrs A V Lawless Company Secretary Rio Tinto plc Tel: 020 7930 2399 Rio Tinto plc 14 March 2007 Rio Tinto Share Option Plan ("SOP") and Rio Tinto Mining Companies Comparative Plan ("MCCP") Rio Tinto Management Share Plan ("MSP") The SOP is a discretionary share option plan under which eligible employees aregranted an option to purchase a number of Rio Tinto plc shares in the future ata price set at the date of grant provided certain performance conditions aremet. The MCCP is a performance share plan which provides participants with theconditional right, subject to performance conditions being met, to receiveshares in the Company of 10p each ("ordinary shares"). The MSP is a restricted share plan for senior employees below director andproduct group chief executive ("PGCE") level. Under the Plan, eligible employeesmay receive a conditional award of shares which will vest, wholly or partly,when performance conditions have been satisfied. On 13 March 2007 Rio Tinto plc was notified that, on 13 March 2007 in London,the following executive directors and persons discharging managerialresponsibility ('PDMRs') of the Company were each granted options over ordinaryshares at a price of £27.012 under the Rio Tinto Share Option Plan 2004. Inaddition, conditional share awards over ordinary shares under the MCCP at aprice fixed at time of vesting were awarded, as detailed in the table below: No. of options acquired No. of conditional share awards No. of conditional share awards under SOP acquired under the MSP acquired under the MCCPTom Albanese 66,186* 44,124 0Preston Chiaro 38,519 22,679 0Bret Clayton 33,850 22,566 0Guy Elliott 44,052 30,837 0Keith Johnson 28,294 19,805 0Andrew Mackenzie 31,159 21,811 0Anette Lawless 5,598 5,598 2,000Michael Merton 9,598 9,598 2,500Andy Vickerman 9,491 9,184 2,500 * includes 1,110 approved share options under the Rio Tinto U.K. Approved ShareOption Plan 2004 The period during which the SOP options granted in 2007, as above, may beexercised is 7 March 2010 and 7 March 2017. Conditional awards under the MCCPare subject to performance conditions and the performance period ends on 31December 2010. Total number of shares over which options are held following notification: Rio Tinto Rio Tinto Total share options MCCP MSP Total conditional Share Savings Plan Share share awards Option PlanTom Albanese 791 668,862* 669,653 201,097 0 201,097Preston Chiaro 298 260,970 261,268 149,207 0 149,207Bret Clayton 0 69,471 69,471 58,187 0 58,187Guy Elliott 1,431 407,914 408,625 174,138 0 174,138Keith Johnson 456 157,600 158,056 110,256 0 110,256Andrew Mackenzie 1,021 126,947 127,968 105,132 0 105,132Anette Lawless 593 33,650 34,243 33,650 2,000 35,650Michael Merton 0 53,049 53,049 53,049 2,500 55,549Andy Vickerman 1,431 54,424 55,855 43,045 2,500 45,545 * includes 1,110 approved share options under the Rio Tinto U.K. Approved ShareOption Plan 2004 The above directors/PDMRs also have an interest in 864 shares as potentialbeneficiaries of the Rio Tinto Employee Share Ownership Trust. This announcement is made in accordance with the requirements of the FinancialServices Authority Disclosure Rules 3.1.2 to 3.1.4. Enquiries: Mrs A V Lawless Company Secretary Rio Tinto plc Tel: 020 7930 2399 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Rio Tinto