Director/PDMR Shareholding

RNS Number : 1380R

Rentokil Initial PLC

24 June 2015

 



NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS

Notes:   This form is intended for use by an issuer to make a RIS notification required by DR 3.3.

(1)	An issuer making a notification in respect of a transaction relating to the shares or debentures of the issuer should complete boxes 1 to 16, 23 and 24.
(2)	An issuer making a notification in respect of a derivative relating the shares of the issuer should complete boxes 1 to 4, 6, 8, 13, 14, 16, 23 and 24.
(3)	An issuer making a notification in respect of options granted to a director/person discharging managerial responsibilities should complete boxes 1 to 3 and 17 to 24.
(4)	An issuer making a notification in respect of a financial instrument relating to the shares of the issuer (other than a debenture) should complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24.

Please complete all relevant boxes in block capital letters.

1. Name of the issuer

Rentokil Initial plc

2. State whether the notification relates to (i) a transaction notified in accordance with DTR 3.1.2 R, (ii) a disclosure made in accordance  LR 9.8.6R(1) or (iii) a disclosure made in accordance with section 793 of the Companies Act (2006).

Pursuant to (i) and (iii) above

3. Name of person discharging managerial responsibilities/director

Martin Sawkins - PDMR

4. State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person

Not applicable

5. Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest

Pursuant to 3.above

6. Description of shares (including class), debentures or derivatives or financial instruments relating to shares

Ordinary shares of 1 pence each

7. Name of registered shareholder(s) and, if more than one, the number of shares held by each of them

Martin Sawkins

8 State the nature of the transaction

Exercise of Performance share plan vested award 2012 - Final vested award 8 May 2015 - 103,254 and sale of shares to meet tax liabilities.

9. Number of shares, debentures or financial instruments relating to shares acquired

103,254 Performance shares plan award 2012 - awarded after application of performance conditions

10. Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)

0.00566%

11. Number of shares, debentures or financial instruments relating to shares disposed

.

48,701 sold to meet tax liabilities and dealing costs. Balance shares held 54,553

12. Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage) 

0.00267%

13. Price per share or value of transaction

150.5p

14. Date and place of transaction

19 June 2015, London

15. Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)

84,757 Ordinary shares - 0.00465%

16. Date issuer informed of transaction

22 June 2015

If a person discharging managerial responsibilities has been granted options by the issuer complete the following boxes

17. Date of grant

N/A

18. Period during which or date on which it can be exercised

N/A

19. Total amount paid (if any) for grant of the option

N/A

20. Description of shares or debentures involved (class and number)

N/A

21. Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise

N/A

22. Total number of shares or debentures over which options held following notification

N/A

23. Any additional information

Sale of 48,701 ordinary shares to satisfy tax liability and dealing costs

24. Name of contact and telephone number for queries

Alexandra Laan, Assistant Company Secretary - [phone]

25. Name of authorised official of issuer responsible for making notification and date of notification

Daragh Fagan - General Counsel & Company Secretary - 24 June 2015

 

END

 

 

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