Director/PDMR Shareholding

RNS Number : 4347G

Rentokil Initial PLC

29 March 2022

 

Rentokil Initial plc

29 March 2022

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 in March 2019 (the "2019 PSP") for Stuart Ingall-Tombs, Chief Financial Officer (a person discharging managerial responsibility) of 44,609 shares has been automatically released with 18,967 of these shares subsequently being sold at a share price of £5.2401 to cover his tax and social security liability.

The Company further announces that the award granted under the 2019 PSP for John Myers, Managing Director, North America (a person discharging managerial responsibility) of 120,298 shares has been automatically released with 44,614 of these shares subsequently being sold at a share price of £5.2401 to cover his tax and social security liability.

Paul Cochrane (a person discharging managerial responsibility) has also exercised an award granted under the 2019 PSP with 75,557 shares subsequently sold at a share price of £5.25.  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 UK Market Abuse Regulation.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Stuart Ingall-Tombs
2	Reason for the notification
a)	Position/status	Chief Financial Officer
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 2019 Performance Share Plan (PSP)
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil consideration 44,609
d)	Aggregated information - Aggregated volume - Price	44,609 shares -
e)	Date of the transaction	25 March 2022
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Stuart Ingall-Tombs
2	Reason for the notification
a)	Position/status	Chief Financial Officer
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 2019 Performance Share Plan (PSP).
c)	Price(s) and volume(s)	Price(s) Volume(s) £5.2401 18,967
d)	Aggregated information - Aggregated volume - Aggregated price - Total	18,967 shares £5.2401 £99,388.98
e)	Date of the transaction	28 March 2022
f)	Place of the transaction	London Stock Exchange (XLON)

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 2019 Performance Share Plan (PSP)
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil consideration 120,298
d)	Aggregated information - Aggregated volume - Price	120,298 shares -
e)	Date of the transaction	25 March 2022
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 2019 Performance Share Plan (PSP).
c)	Price(s) and volume(s)	Price(s) Volume(s) £5.2401 44,614
d)	Aggregated information - Aggregated volume - Aggregated price - Total	44,614 shares £5.2401 £233,781.82
e)	Date of the transaction	28 March 2022
f)	Place of the transaction	London Stock Exchange (XLON)

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
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 Company's 2019 Performance Share Plan (PSP).
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil consideration 75,557
d)	Aggregated information - Aggregated volume - Price	75,557 shares -
e)	Date of the transaction	29 March 2022
f)	Place of the transaction	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
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) £5.25 75,557
d)	Aggregated information - Aggregated volume - Aggregated price - Total	75,557 shares £5.25 £396,674.25
e)	Date of the transaction	29 March 2022
f)	Place of the transaction	London Stock Exchange (XLON)

Enquiries:

Catherine Stead, Deputy Company Secretary Rentokil Initial plc 01293 858000

 

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