Director/PDMR Shareholding

RNS Number : 7128U
Rentokil Initial PLC
07 April 2021
 

Rentokil Initial plc (the Company)

The Company hereby announces that the award granted under the Rentokil Initial plc Performance Share Plan (PSP) in March 2018 to Daragh Fagan (a person discharging managerial responsibility) have been exercised with 41,268 of these shares subsequently being sold at a share price of £4.95 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 award made under the 2018 Performance Share Plan (PSP)

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

 

Nil consideration

 

87,594

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

87,594 shares

 

-

 

e)

 

Date of the transaction

 

6 April 2021

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 award made under the 2018 Performance Share Plan (PSP).

 

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

 

£4.95

 

41,268

d)

 

Aggregated information

 

- Aggregated volume

 

- Aggregated price

 

- Total

 

 

 

41,268 shares

 

£4.95

 

£204,276.60

e)

 

Date of the transaction

 

6 April 2021

f)

 

Place of the transaction

 

London Stock Exchange (XLON)

 

Enquiries:

 

Catherine Stead, Deputy Company Secretary Rentokil Initial plc 01276 607444

 

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