Director/PDMR Shareholding

RNS Number : 3179O

Rentokil Initial PLC

18 September 2013

 



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

Notes:   This form is intended for use by an issuer to make a RIS notification required by DR 3.3.

(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 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 DTR 3.1.2 R,  (ii) a disclosure made in accordance  LR 9.8.6R(1) or (iii) a disclosure made in accordance with section 793 of the Companies Act 2006.

Pursuant to (i) and (iii) above

3. Name of person discharging managerial responsibilities/director

Mike Brown (PDMR)

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 shareholder(s) and, if more than one, the number of shares held by each of them

Not applicable

8. State the nature of the transaction

1^st and 2^nd tranches of compensatory contractual share award granted on appointment.

Acquisition and Sale of all (including part to satisfy tax liability)

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

244,899 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)

0.01349%

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

244,899 ordinary shares of 1p each

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

0.01349%

13. Price per share or value of transaction

111p

14. Date and place of transaction

17 September 2013, London

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

Nil

6. Date issuer informed of transaction

18 September 2013

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

17. Date of grant

N/A

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

N/A

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

N/A

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

N/A

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

N/A

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

N/A

23. Any additional information

Sale of 115,103 ordinary shares of 1p each to satisfy tax liability & meet exercise costs

24. Name of contact and telephone number for queries

Alexandra Laan, Assistant Company Secretary [phone]

25. Name of authorised official of issuer responsible for making notification and date of notification

Paul Griffiths - 18 September 2013

 

END

 

 

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