Rentokil Initial plc (the Company)
The Company hereby announces that the award granted under the Rentokil Initial plc Performance Share Plans (PSP) in 2012 and 2013 to Paul Cochrane (a person discharging managerial responsibility) has today been exercised with 176,008 of these shares subsequently being sold at a share price of 339.4p.
The relevant notifications set out below are provided in accordance with the requirements of Article 19 of the EU Market Abuse Regulation.
1
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Details of the person discharging managerial responsibilities / person closely associated
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a)
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Name
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Paul Cochrane |
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2
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Reason for the notification
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a)
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Position/status
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Regional Managing Director, Asia (PDMR) |
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b)
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Initial notification /Amendment
|
Initial notification |
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3
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Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
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a)
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Name
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Rentokil Initial plc |
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b)
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LEI
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549300VN4WV7Z6T14K68 |
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4
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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
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a)
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Description of the financial instrument, type of instrument
Identification code
|
Ordinary shares of 1p each
ISIN: GB00B082RF11
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b)
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Nature of the transaction
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Exercise of award made under the 2012 and 2013 Performance Share Plan (PSP) |
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c)
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Price(s) and volume(s)
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|
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d)
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Aggregated information
- Aggregated volume
- Price
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176,008 shares
-
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e)
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Date of the transaction
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28 August 2018 |
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f)
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Place of the transaction
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Outside a trading venue |
1
|
Details of the person discharging managerial responsibilities / person closely associated
|
|||||
a)
|
Name
|
Paul Cochrane |
||||
2
|
Reason for the notification
|
|||||
a)
|
Position/status
|
Regional Managing Director, Asia (PDMR) |
||||
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 following the exercise of awards made under the 2012 and 2013 Performance Share Plans (PSP).
|
||||
c)
|
Price(s) and volume(s)
|
|
||||
d)
|
Aggregated information
- Aggregated volume
- Price
|
176,008 shares
£597,371.15
|
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e)
|
Date of the transaction
|
28 August 2018 |
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f)
|
Place of the transaction
|
London Stock Exchange (XLON) |
Enquiries:
Daragh Fagan, Company Secretary Rentokil Initial plc 01276 607444