Rentokil Initial plc (the Company)
The Company hereby announces that the awards granted under the Rentokil Initial plc Performance Share Plan (PSP) in 2015, 2016, 2017 and 2018 to Paul Cochrane (a person discharging managerial responsibility) have been exercised with 366,020 shares subsequently sold on 25 March 2022 at a share price of 531.19p. Paul is retiring as Managing Director, Asia at Rentokil Initial at the end of March.
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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Managing Director, Asia (PDMR)
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b)
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Initial notification /Amendment
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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
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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 awards made under the Company's Performance Share Plan (PSP).
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c)
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Price(s) and volume(s)
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d)
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Aggregated information
- Aggregated volume
- Price
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366,020 shares
-
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e)
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Date of the transaction
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25 March 2022 |
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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
|
Managing Director, Asia (PDMR) |
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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 |
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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. |
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c)
|
Price(s) and volume(s)
|
|
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d)
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Aggregated information
- Aggregated volume
- Aggregated price
- Total
|
366,020 shares
£5.3119
£1,944,261.64
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e)
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Date of the transaction
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25 March 2022 |
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f)
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Place of the transaction
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London Stock Exchange (XLON) |
Enquiries:
Catherine Stead, Deputy Company Secretary Rentokil Initial plc 01293 858000