Director/PDMR Shareholding

RNS Number : 4321J

Rentokil Initial PLC

09 April 2020

 

Rentokil Initial plc (the Company)

The Company hereby announces that the awards granted under the Rentokil Initial plc Performance Share Plan (PSP) in March 2016 and March 2017 to Daragh Fagan (a person discharging managerial responsibility) have been exercised with 75,698 of these shares subsequently being sold at a share price of £3.8817 to cover his tax and national insurance 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	Daragh Fagan
2	Reason for the notification
a)	Position/status	Group General Counsel & Company Secretary
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 2016 & 2017 Performance Share Plan (PSP)
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil consideration 160,694
d)	Aggregated information - Aggregated volume - Price	160,694 shares -
e)	Date of the transaction	8 April 2020
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Daragh Fagan
2	Reason for the notification
a)	Position/status	Group General Counsel & Company Secretary
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 national insurance liability arising following the exercise of awards made under the 2016 & 2017 Performance Share Plan (PSP).
c)	Price(s) and volume(s)	Price(s) Volume(s) £3.8817 75,698
d)	Aggregated information - Aggregated volume - Aggregated price - Total	75,698 shares £3.8817 £293,836.93
e)	Date of the transaction	8 April 2020
f)	Place of the transaction	London Stock Exchange (XLON)

Enquiries:

Catherine Stead, Deputy Company Secretary Rentokil Initial plc 01276 607444

 

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