Director/PDMR Shareholding

RNS Number : 9600V

Rentokil Initial PLC

11 April 2019

 

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 363.8606p 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) £3.638606 150,510
d)	Aggregated information - Aggregated volume - Price	150,510 shares £547,646.59
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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