Director/PDMR Shareholding

RNS Number : 6132X

Rentokil Initial PLC

26 June 2008

 



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)

Pursuant to (i) and (ii) above

3. Name of person discharging managerial responsibilities/director

• Andrew Macfarlane

• Henry Chandler

• Petar Cvetkovic

• Andy Hobart

• Andy Kemp

• Bryan Kinsella

• David Liu

• Peter Lloyd

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

Not applicable

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

Pursuant to 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

Not applicable

8. State the nature of the transaction

Awards under the 2006 Performance Share Plan - 2008 award

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

Not applicable

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

Not applicable

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

Not applicable

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

Not applicable

13. Price per share or value of transaction

Not applicable

14. Date and place of transaction

Not applicable

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

Not applicable

16. Date issuer informed of transaction

25 June 2008

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

17. Date of grant

25 June 2008 - Performance Share Plan award

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

• Andrew Macfarlane         1,248,000    Performance share plan awards

• Henry Chandler                 840,000    Performance share plan awards

• Petar Cvetkovic              1,120,000    Performance share plan awards

• Andy Hobart                     804,000    Performance share plan awards

• Andy Kemp                      710,400    Performance share plan awards

• Bryan Kinsella                  544,800    Performance share plan awards

• David Liu                          811,670    Performance share plan awards

• Peter Lloyd                      506,880    Performance share plan awards

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

a.   Andrew Macfarlane        2,001,197     Performance share plan awards

b.   Henry Chandler             1,332,296     Performance share awards

                                            527,286     Pre 2006 ESOS share options

c.   Petar Cvetkovic              1,120,000    Performance share plan awards

d.   Andy Hobart                  1,300,763    Performance share plan awards

e.   Andy Kemp                   1,155,914    Performance share plan awards

f.   Bryan Kinsella                   624,438    Performance share plan awards

g.  David Liu                        1,334,676    Performance share plan awards

h.  Peter Lloyd                    1,029,886     Performance share plan awards

                                            166,619     Pre 2006 ESOS share options

23. Any additional information

Not applicable

24. Name of contact and telephone number for queries

Paul Griffiths, Company Secretary - 020 7592 2700

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

Paul Griffiths, Company Secretary

26. Date of notification

26 June 2008

 

END

 

 

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