Director/PDMR Shareholding

RNS Number : 9558I

Rentokil Initial PLC

17 August 2021

 

Rentokil Initial plc (the "Company")

17 August 2021

Notification of transactions by persons discharging managerial responsibilities (PDMRs)

The Company hereby announces that Andy Ransom, Chief Executive, has exercised his award of 163,625 shares granted under the Rentokil Initial plc Performance Share Plan (PSP) in March 2012, with 77,072 of these shares being sold at a share price of 560.01 p per share.

These shares are being sold in order to cover the tax and national insurance liability on the 2012 PSP award.   The award which vested in March 2015 would lapse within the next seven months if it remained unexercised. Following these transactions he will hold shares directly (excluding other vested, unexercised share awards) worth in excess of 1000% of base salary.

The relevant notification set out below is 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	Andy Ransom
2	Reason for the notification
a)	Position/status	Chief Executive (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	Exercise of awards made under the 2012 Performance Share Plan (PSP)
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil consideration 163,625
d)	Aggregated information - Aggregated volume - Price	163,625 shares -
e)	Date of the transaction	16 August 2021
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Andy Ransom
2	Reason for the notification
a)	Position/status	Chief Executive (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
c)	Price(s) and volume(s)	Price(s) Volume(s) 560.01p 77,072
d)	Aggregated information - Aggregated volume - Price	77,072 £431,610.91
e)	Date of the transaction	16 August 2021
f)	Place of the transaction	London Stock Exchange (XLON)

Enquiries:

Daragh Fagan, Company Secretary	Rentokil Initial plc	07990 561702
Malcolm Padley, Communications Director	Rentokil Initial plc	07788 978199

 

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