Director/PDMR Shareholding

RNS Number : 2289P

Rentokil Initial PLC

20 March 2009

 



NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS

This form is intended for use by an issuer to make a RIS notification required by DR 3.1.4R(1).

(1)	An issuer making a notification in respect of a transaction relating to the shares or debentures of the issuer should complete boxes 1 to 16, 23 and 24.
(2)	An issuer making a notification in respect of a derivative relating to the shares of the issuer should complete boxes 1 to 4, 6, 8, 13, 14, 16, 23 and 24.
(3)	An issuer making a notification in respect of options granted to a director/person discharging managerial responsibilities should complete boxes 1 to 3 and 17 to 24.
(4)	An issuer making a notification in respect of a financial instrument relating to the shares of the issuer (other than a debenture) should complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24.

Please complete all relevant boxes in block capital letters.

1. Name of the issuer

RENTOKIL INITIAL PLC

2. State whether the notification relates to (i) a transaction notified in accordance with DR 3.1.4R(1)(a); or

(ii) DR 3.1.4(R)(1)(b) a disclosure made in accordance with section 324 (as extended by section 328) of the Companies Act 1985; or 

(iii) both (i) and (ii)

BOTH (i) and (ii)

3. Name of person discharging managerial responsibilities/director

JOHN MCADAM

ALAN BROWN

ANDY RANSOM

MICHAEL MURRAY

4. State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person

N/A

5. Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest

BENEFICIAL HOLDING OF PERSONS NAMED IN 3. above

6. Description of shares (including class), debentures or derivatives or financial instruments relating to shares

 ORDINARY SHARES OF 1 PENCE EACH

7. Name of registered shareholders(s) and, if more than one, the number of shares held by each of them

JOHN MCADAM - NIL ORDINARY SHARES

ALAN BROWN - NIL ORDINARY SHARES

ANDY RANSOM - NIL ORDINARY SHARES

MICHAEL MURRAY - NIL ORDINARY SHARES

8 State the nature of the transaction

a) ACQUISTION OF SHARES BY JOHN MCADAM, ALAN BROWN, ANDY RANSOM AND MICHAEL MURRAY

b) AWARD UNDER THE RENTOKIL INITIAL PERFORMANCE SHARE PLAN FOR MICHAEL MURRAY

9. Number of shares, debentures or financial instruments relating to shares acquired

JOHN MCADAM - 20,800 ORDINARY SHARES OF 1P EACH

ALAN BROWN - 20,800 ORDINARY SHARES OF 1P EACH

ANDY RANSOM- 52,000 ORDINARY SHARES OF 1P EACH

MICHAEL MURRAY - 52,000 ORDINARY SHARES OF 1P EACH

10. Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)

JOHN MCADAM- 0.00115%

ALAN BROWN - 0.00115%

ANDY RANSOM - 0.00286%

MICHAEL MURRAY- 0.00286%

11. Number of shares, debentures or financial instruments relating to shares disposed

NIL

12. Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage) 

NIL

13. Price per share or value of transaction

BOUGHT TOTAL 145,600 ORDINARY SHARES AT 48.0969p per share

14. Date and place of transaction

19 MARCH 2009, LONDON

15. Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)

JOHN MCADAM - 20,800 ORDINARY SHARES OF 1P EACH - 0.00115%

ALAN BROWN - 20,800 ORDINARY SHARES OF 1P EACH - 0.00115%

ANDY RANSOM- 52,000 ORDINARY SHARES OF 1P EACH - 0.00286%

MICHAEL MURRAY - 52,000 ORDINARY SHARES OF 1P EACH - 0.00286%

16. Date issuer informed of transaction

19 MARCH 2009

If a director/person discharging managerial responsibilities has been granted options by the issuer complete the following boxes

17 Date of grant

19 MARCH 2009

18. Period during which or date on which it can be exercised

26 JUNE 2011 TO 25 JUNE 2018 (subject to performance conditions)

19. Total amount paid (if any) for grant of the option

NIL

20. Description of shares or debentures involved (class and number)

ORDINARY SHARES OF 1 PENCE EACH 

MICHAEL MURRAY - 1,200,000 PERFORMANCE SHARE PLAN AWARDS (600,000 FOR TARGET PERFORMANCE)

SUBJECT TO THE PERFORMANCE CONDITIONS OF THE 2008 PLAN.

21. Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise

NIL

22. Total number of shares or debentures over which options held following notification

MICHAEL MURRAY - 1,200,000 PERFORMANCE SHARE PLAN AWARDS

23. Any additional information

N/A

24. Name of contact and telephone number for queries

PAUL GRIFFITHS- 020 7592 2700

Name and signature of duly authorised officer of issuer responsible for making notification

PAUL GRIFFITHS

Date of notification

20 MARCH 2009

 

END

 

 

RDSBSGDXCXDGGCG