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Dimensional Fund Advisors Ltd. : Form 8.3 - RIO TINTO PLC & RIO TINTO LIMITED - Ordinary Shares

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GLEN.L
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Information

FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVAN...

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AI Summary

Dimensional Fund Advisors has disclosed substantial ownership stakes in Rio Tinto, showing confidence in the company. Their strategic movements, alongside involvement with Glencore, could impact RIO's stock performance positively due to perceived growth prospects.

Sentiment Rationale

Institutional investments generally boost confidence and may lead to increased stock prices, akin to previous trends seen with major holdings disclosures impacting shares positively.

Trading Thesis

Buy RIO for the medium term, driven by institutional confidence and strategic positions.

Market-Moving

  • Dimensional Fund's holdings indicate confidence in RIO's performance.
  • Increased trading volume could lead to price volatility in RIO shares.
  • Glencore's interest could signal potential partnerships or competitive dynamics affecting RIO.
  • Investor sentiment may shift positively following this disclosure.

Key Facts

  • Dimensional Fund Advisors disclosed significant stakes in RIO shares.
  • They hold 0.37% in Rio Tinto plc and 1.82% in Rio Tinto Ltd.
  • Recent trades included both purchases and sales of Rio Tinto ADRs.
  • Strategic positions could indicate confidence in RIO's future performance.
  • Involvement with Glencore PLC also noted, influencing market dynamics.

Companies Mentioned

  • Glencore PLC (GLEN.L): Increased market focus as potential competitor or partner to RIO.

Corporate Developments

This disclosure falls under Corporate Developments, highlighting institutional investor movements which are critical for understanding market sentiment and potential stock price behavior.

Dimensional Fund Advisors Ltd. Discloses Holdings in RIO Tinto PLC and RIO Tinto Limited

Source: GlobeNewsWire

Disclosure Overview

Dimensional Fund Advisors Ltd., acting as an investment advisor, has disclosed its positions in the relevant securities of RIO Tinto PLC (stock symbol: RIO) and RIO Tinto Limited. This announcement follows the requirements under Rule 8.3 of the Takeover Code, highlighting the company's shareholdings in both entities as of January 16, 2026

Key Facts and Figures

The disclosures from Dimensional indicate the following significant holdings:

  • In RIO Tinto PLC (ordinary shares, GB0007188757):
    • Number of shares owned: 4,619,343 shares (0.37% ownership)
    • Voting discretion: No discretion regarding voting for 280,951 shares within this total.
  • In RIO Tinto Limited (ordinary shares, AU000000RIO1):
    • Number of shares owned: 6,769,457 shares (1.82% ownership)
    • Voting discretion: No discretion regarding voting for 69,739 shares within this total.

Recent Dealings and Transactions

Dimensional has engaged in several transactions involving RIO shares, which include recent purchases and sales as follows:

  • RIO Tinto PLC (10p ordinary):
    • Purchased: 996 shares at £3.47 each
    • Transferred in: 41 shares
  • RIO Tinto PLC ADR (US7672041008):
    • Purchased: 428 shares at $85.13 each
    • Sold: 6,185 shares at $85.15 each

Implications and Other Information

The disclosing party, Dimensional, has clarified that it does not have beneficial ownership of the shares reported. As an investment advisor, it manages these positions on behalf of its affiliates. The disclosure enriches the transparency surrounding the investment activities related to RIO Tinto PLC and RIO Tinto Limited.

If you have inquiries regarding this disclosure, please contact:

  • Name: Thomas Hone
  • Telephone: +44 20 3033 3419

For further information on the Takeover Panel's disclosure requirements, visit the Panel's website.

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