Rio Tinto plc applies to list employee shares on London Stock Exchange
What happened
Rio Tinto plc applied to the London Stock Exchange for the admission of 30,000 ordinary shares, each valued at 10 pence. These shares are intended to satisfy awards under the company's Global Employee Share Plan. The shares will rank pari passu with Rio Tinto plc's existing issued shares.
From investegate.co.uk
Why it matters
As a dual listed company, Rio Tinto plc must notify the Australian Securities Exchange regarding this structural change. The admission of these shares to the Main Market of the London Stock Exchange is expected to be effective on November 10, 2026.
Rio Tinto plc, which is dual listed, must notify the Australian Securities Exchange and the London Stock Exchange regarding its structure.
From investegate.co.uk
Who's involved
- Rio Tinto plcCompany applying to list shares to satisfy employee awards
- London Stock ExchangeStock exchange where the shares will be traded
- Australian Securities ExchangeSecurities exchange that must be notified due to dual listing
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The entities involved
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Rio Tinto plc
British company
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London Stock Exchange
stock exchange in the City of London
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