Director/PDMR Shareholding - Replacement

RNS Number : 1186W

Rentokil Initial PLC

12 April 2019

 

Rentokil Initial plc (the Company)

The following amendment has been made to the Director/PDMR Shareholding announcement released on 11 April 2019 at 16:37 under RNS No 9600V.

The correct share price achieved on the transaction was £3.6393314 not £3.638606 as previously announced.

All other details remain unchanged.

The full amended text is shown below.

Rentokil Initial plc (the Company)

The Company hereby announces that the awards granted under the Rentokil Initial plc Performance Share Plan (PSP) in March 2015 and March 2016 to Jürgen Höfling (a person discharging managerial responsibility) have been exercised with 150,510 shares subsequently being sold at a share price of 363.93314p to cover his tax liability.

The relevant notifications set out below are provided in accordance with the requirements of Article 19 of the EU Market Abuse Regulation.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Jürgen Höfling
2	Reason for the notification
a)	Position/status	Managing Director, Europe
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Rentokil Initial plc
b)	LEI	549300VN4WV7Z6T14K68
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Ordinary shares of 1p each ISIN: GB00B082RF11
b)	Nature of the transaction	Exercise of awards made under the Company's Performance Share Plan (PSP).
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil consideration 300,086
d)	Aggregated information - Aggregated volume - Price	300,086 shares -
e)	Date of the transaction	11 April 2019
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Jürgen Höfling
2	Reason for the notification
a)	Position/status	Managing Director, Europe
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Rentokil Initial plc
b)	LEI	549300VN4WV7Z6T14K68
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Ordinary shares of 1p each ISIN: GB00B082RF11
b)	Nature of the transaction	Sale of shares to cover the tax liability arising following the exercise of awards made under the Company's Performance Share Plan (PSP).
c)	Price(s) and volume(s)	Price(s) Volume(s) £3.6393314 150,510
d)	Aggregated information - Aggregated volume - Price	150,510 shares £547,755.769
e)	Date of the transaction	11 April 2019
f)	Place of the transaction	London Stock Exchange (XLON)

Enquiries:

Catherine Stead, Assistant Company Secretary     Rentokil Initial plc              01276 607444

 

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