TIDMRIO

RNS Number : 5590G

Rio Tinto PLC

19 July 2023

Notice to ASX/LSE

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

19 July 2023

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

myShare Vesting

On 17 July 2023, the following PDMR / KMP received their vested matching shares under myShare, of which sufficient were sold on 17 July 2023 to pay applicable withholding tax and other deductions.

 
 Security           Name of PDMR        Number         Number       Number       Price per       Number 
                     / KMP               of matching    of shares    of shares    share sold      of shares 
                                         shares         vested*      sold                         retained 
                                         originally 
                                         awarded 
 Rio Tinto 
  plc 
  shares            Baatar, Bold        7.6392         10.0305      4.338192     GBP 50.952159   5.692308 
                   ------------------  -------------  -----------  -----------  --------------  ----------- 
 Rio Tinto 
  plc 
  shares            Barrios, Alfredo    15.1716        19.9214      2.563526     GBP 50.952159   17.357874 
                   ------------------  -------------  -----------  -----------  --------------  ----------- 
 Rio Tinto 
  plc               Cunningham, 
  shares             Peter              7.6392         10.0305      4.338192     GBP 50.952159   5.692308 
                   ------------------  -------------  -----------  -----------  --------------  ----------- 
 Rio Tinto 
  Limited shares    Kaufman, Sinead     13.4281        16.8338      -            AUD 118.8496    16.8338 
                   ------------------  -------------  -----------  -----------  --------------  ----------- 
 Rio Tinto 
  plc               Stausholm, 
  shares             Jakob              7.6392         10.0305      4.338192     GBP 50.952159   5.692308 
                   ------------------  -------------  -----------  -----------  --------------  ----------- 
 Rio Tinto 
  Limited shares    Vella, Ivan         11.5262        14.4496      7.0358       AUD 118.8496    7.4138 
                   ------------------  -------------  -----------  -----------  --------------  ----------- 
 

*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 July 2023, the following PDMR / KMP acquired shares under myShare and were allocated the same number of matching share awards.

 
 Security                Name of             Number of          Number of          Price per 
                          PDMR / KMP          shares acquired    matching shares    share 
                                                                 awarded 
 Rio Tinto plc shares    Baatar, Bold        7.34187            7.34187            GBP 51.07689 
                        ------------------  -----------------  -----------------  ------------- 
 Rio Tinto plc shares    Barrios, Alf        19.554439          19.554439          GBP 51.07689 
                        ------------------  -----------------  -----------------  ------------- 
                         Cunningham, 
 Rio Tinto plc shares     Peter              7.34187            7.34187            GBP 51.07689 
                        ------------------  -----------------  -----------------  ------------- 
 Rio Tinto Limited 
  shares                 Kaufman, Sinead     11.759034          11.759034          AUD 118.8873 
                        ------------------  -----------------  -----------------  ------------- 
 Rio Tinto plc shares    Stausholm, Jakob    7.34187            7.34187            GBP 51.07689 
                        ------------------  -----------------  -----------------  ------------- 
 Rio Tinto plc shares    Vella, Ivan         15.460807          15.460807          GBP 51.07689 
                        ------------------  -----------------  -----------------  ------------- 
 

UK Share Plan (UKSP)

The UKSP is an HMRC approved Share Incentive Plan under which qualifying UK employees can purchase, on a quarterly basis, Rio Tinto plc ordinary shares of 10p each ("shares"). Shares are purchased out of monthly deductions from salary, and participants are allocated an equivalent number of shares free of charge (matching shares).

On 17 July 2023, the following PDMR / KMP purchased shares under the UKSP and were allocated the same number of matching shares.

 
 Name of PDMR        Number       Number            Price per 
                      of shares    of matching       share 
                      acquired     shares awarded 
 Baatar, Bold        7            7                 GBP 51.07689 
                    -----------  ----------------  ------------- 
 Stausholm, Jakob    7            7                 GBP 51.07689 
                    -----------  ----------------  ------------- 
 

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     Media Relations, Australia     Media Relations, 
 Kingdom                                                    Americas 
                             Matt Chambers 
 Matthew Klar                M +61 433 525 739              Simon Letendre 
 M +44 7796 630 637                                         M +1 514 796 4973 
                             Jesse Riseborough 
 David Outhwaite             M +61 436 653 412              Malika Cherry 
 M +44 7787 597 493                                         M +1 418 592 7293 
                             Alyesha Anderson 
                             M +61 434 868 118 
Investor Relations, United  Investor Relations, Australia 
 Kingdom 
                             Tom Gallop 
 Menno Sanderse              M +61 439 353 948 
 M +44 7825 195 178 
                             Amar Jambaa 
 David Ovington              M +61 472 865 948 
 M +44 7920 010 978 
 
 Danielle Smith 
 M +44 7788 190 672 
Rio Tinto plc               Rio Tinto Limited 
 
 6 St James's Square         Level 43, 120 Collins Street 
 London SW1Y 4AD             Melbourne 3000 
 United Kingdom              Australia 
 T +44 20 7781 2000          T +61 3 9283 3333 
 
 Registered in England       Registered in Australia 
 No. 719885                  ABN 96 004 458 404 
 

This announcement is authorised for release to the market by Steve Allen, Rio Tinto's Group Company Secretary.

riotinto.com

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END

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July 19, 2023 11:30 ET (15:30 GMT)

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