Director/PDMR Shareholding

RNS Number : 6239S

Rentokil Initial PLC

12 March 2019

 

Rentokil Initial plc (the Company)

The Company hereby announces that the award granted under the Rentokil Initial plc Performance Share Plan (PSP) in March 2016 for John Myers (a person discharging managerial responsibility) of 206,907 shares has been released with 89,063 of these shares subsequently being sold at a share price of £3.533724 to cover his tax and social security 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	John Myers
2	Reason for the notification
a)	Position/status	Managing Director, North America
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	Release of awards made under the 2016 Performance Share Plan (PSP)
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil consideration 206,907
d)	Aggregated information - Aggregated volume - Price	206,907 shares -
e)	Date of the transaction	11 March 2019
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	John Myers
2	Reason for the notification
a)	Position/status	Managing Director, North America
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 and social security liability arising following the release of an award made under the 2016 Performance Share Plan (PSP).
c)	Price(s) and volume(s)	Price(s) Volume(s) £3.533724 89,063
d)	Aggregated information - Aggregated volume - Price	89,063 shares £314,724.06
e)	Date of the transaction	11 March 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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