Director/PDMR Shareholding

RNS Number : 6127I

Rentokil Initial PLC

02 April 2020

 

Rentokil Initial plc

2 April 2020

Notification of transactions by persons discharging managerial responsibilities and persons closely associated with them

Rentokil Initial plc (the "Company") hereby announces that the award granted under the Rentokil Initial plc Performance Share Plan (PSP) in March 2017 for John Myers (a person discharging managerial responsibility) of 153,277 shares has been released with 56,848 of these shares subsequently being sold at a share price of £3.6216 to cover his tax and social security liability.

The Company further announces that Chris Hunt (a person discharging managerial responsibility) has today purchased 2,708 ordinary shares in the Company at a price of £3.67 per share.

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 2017 Performance Share Plan (PSP)
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil consideration 153,277
d)	Aggregated information - Aggregated volume - Price	153,277 shares -
e)	Date of the transaction	31 March 2020
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 2017 Performance Share Plan (PSP).
c)	Price(s) and volume(s)	Price(s) Volume(s) £3.6216 56,848
d)	Aggregated information - Aggregated volume - Aggregated price - Total	56,848 shares £3.6216 £205,880.72
e)	Date of the transaction	1 April 2020
f)	Place of the transaction	London Stock Exchange (XLON)

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Chris Hunt
2	Reason for the notification
a)	Position/status	Group M&A Director (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	Purchase of shares
c)	Price(s) and volume(s)	Price(s) Volume(s) £3.67 2,708
d)	Aggregated information - Aggregated volume - Aggregated price - Total	2,708 £3.67 £9,938.36
e)	Date of the transaction	2 April 2020
f)	Place of the transaction	London Stock Exchange (XLON)

Enquiries:

Daragh Fagan, Company Secretary Rentokil Initial plc 01276 607444

 

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