TIDMRIO

RNS Number : 1607R

Rio Tinto PLC

27 February 2023

27 February 2023

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

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).

Performance Share Award ("PSA") granted under the Rio Tinto 2018 Equity Incentive Plan

The PSA is a performance based award which provides participants with the conditional right to receive Rio Tinto plc or Rio Tinto Limited shares, subject to performance conditions being met.

The PSA granted in 2018 is subject to a Total Shareholder Return (TSR) performance measure.

On 23 February 2023, the following PDMRs / KMPs received their vested PSA in the form of shares, of which sufficient were sold to pay applicable withholding tax and other deductions.

 
 Security     Name of        Conditional   Number       Number       Number       Price       Number       Date of 
               PDMR /        award          of shares    of shares    of shares   per share    of shares   transaction 
               KMP           granted        lapsed       vested*      sold                     retained 
 Rio Tinto 
  plc         Stausholm,                                                          GBP 
  shares       Jakob         29,886        0            39,894       11,903       59.221903   27,991       23/02/2023 
             -------------  ------------  -----------  -----------  -----------  ----------  -----------  ------------ 
 Rio Tinto 
  plc         Cunningham,                                                         GBP 
  shares       Peter         7,229         0            9,763        4,648        59.221903   5,115        23/02/2023 
             -------------  ------------  -----------  -----------  -----------  ----------  -----------  ------------ 
 Rio Tinto 
  plc         Baatar,                                                             GBP 
  shares       Bold          63,039        0            85,143       40,530       59.221903   44,613       23/02/2023 
             -------------  ------------  -----------  -----------  -----------  ----------  -----------  ------------ 
 Rio Tinto 
  plc         Barrios,                                                            GBP 
  shares       Alfredo       66,050        0            89,209       31,363       59.221903   57,846       23/02/2023 
             -------------  ------------  -----------  -----------  -----------  ----------  -----------  ------------ 
 Rio Tinto 
  Limited     Kaufman,                                                            AUD 
  shares       Sinead        6,322         0            8,324        4,017        122.5763    4,307        23/02/2023 
             -------------  ------------  -----------  -----------  -----------  ----------  -----------  ------------ 
 Rio Tinto 
  plc         Trott,                                                              GBP 
  shares       Simon         57,188        0            77,240       18,775       59.221903   58,465       23/02/2023 
             -------------  ------------  -----------  -----------  -----------  ----------  -----------  ------------ 
 Rio Tinto 
  Limited     Vella,                                                              AUD 
  shares       Ivan          13,376        0            17,613       4,247        122.5763    13,366       23/02/2023 
             -------------  ------------  -----------  -----------  -----------  ----------  -----------  ------------ 
 

*The number of shares vested includes additional shares calculated to reflect dividends declared during the vesting period .

Management Share Awards ("MSA") granted under the Rio Tinto 2018 Equity Incentive Plan

The MSA provides participants with a conditional right to receive Rio Tinto plc or Rio Tinto Limited shares, subject to continuous employment.

On 23 February 2023, the following PDMRs / KMPs received their vested MSA in the form of shares, of which sufficient were sold to pay applicable withholding tax and other deductions. All MSA included in this announcement were granted prior to the PDMR/KMP becoming a member of the Executive Committee.

 
 Security       Name of        Conditional      Number       Number       Price per       Number       Date of 
                 PDMR / KMP     award granted    of shares    of shares    share           of shares    transaction 
                                                 vested*      sold                         retained 
 Rio Tinto      Cunningham, 
  plc shares     Peter         3,713            4,551        2,167        GBP 59.221903   2,384        23/02/2023 
               -------------  ---------------  -----------  -----------  --------------  -----------  ------------- 
 Rio Tinto 
  Limited       Kaufman, 
  shares         Sinead        4,289            5,160        2,491        AUD 122.5763    2,669        23/02/2023 
               -------------  ---------------  -----------  -----------  --------------  -----------  ------------- 
 Rio Tinto 
  Limited 
  shares        Vella, Ivan    1,931            2,323        787          AUD 122.5763    1,536        23/02/2023 
               -------------  ---------------  -----------  -----------  --------------  -----------  ------------- 
 

*The number of shares vested includes additional shares calculated to reflect dividends declared during the vesting period on the original shares granted .

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, UK         Media Relations, Australia 
 Matthew Klar                Matt Chambers 
 M + 44 7796 630 637         M +61 433 525 739 
 
 David Outhwaite             Jesse Riseborough 
 M +44 7787 597 493          M +61 436 653 412 
 
 Media Relations, Americas   Alyesha Anderson 
 Simon Letendre              M +61 434 868 118 
 M +1 514 796 4973 
 
 Malika Cherry 
 M +1 418 592 7293           Investor Relations, Australia 
                             Tom Gallop 
                             M +61 439 353 948 
 Investor Relations, UK 
 Menno Sanderse              Amar Jambaa 
 M +44 7825 195 178          M +61 472 865 948 
 
 David Ovington 
 M +44 7920 010 978 
 
 Clare Peever 
 M +44 7788 967 877 
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 +61 3 9283 3333 
 T +44 20 7781 2000          Registered in Australia 
 Registered in England       ABN 96 004 458 404 
 No. 719885 
 

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

riotinto.com

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February 27, 2023 11:00 ET (16:00 GMT)

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