Director/PDMR Shareholding

RNS Number : 3243D

Rentokil Initial PLC

25 April 2017

 

Rentokil Initial plc (the Company)

The Company hereby announces that awards granted under the Rentokil Initial plc Performance Share Plan (PSP) in April 2013 and March 2014 to persons discharging managerial responsibility (PDMRs) have today been exercised as detailed below.

Name	Share award	Number of shares exercised on 25 April 2017	Shares sold to cover tax and social security at a share price of 245.0873p	Shares retained by the individual	Shares transferred to a person closely associated
Daragh Fagan	2013 PSP	964	418	546	-
Daragh Fagan	2014 PSP	117,226	49,408	67,818	-
Alain Moffroid	2013 PSP	195,532	-	-	195,532
Alain Moffroid	2014 PSP	145,645	-	-	145,645

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 awards made under the 2013 and 2014 Performance Share Plan (PSP)
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil consideration 118,190
d)	Aggregated information - Aggregated volume - Price	118,190 shares -
e)	Date of the transaction	25 April 2017
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 awards made under the 2013 and 2014 Performance Share Plan (PSP).
c)	Price(s) and volume(s)	Price(s) Volume(s) 245.0873p 49,826
d)	Aggregated information - Aggregated volume - Price	49,826 shares £122,117.20
e)	Date of the transaction	25 April 2017
f)	Place of the transaction	London Stock Exchange (XLON)

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Alain Moffroid and Anne Moffroid
2	Reason for the notification
a)	Position/status	Alain Moffroid - Managing Director, Pacific  (PDMR) Anne Moffroid - Spouse of 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 2013 and 2014 Performance Share Plan (PSP) and transfer of awards to spouse.
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil consideration 341,177
d)	Aggregated information - Aggregated volume - Price	341,177 shares -
e)	Date of the transaction	25 April 2017
f)	Place of the transaction	Outside a trading venue

Enquiries:

Catherine Stead, Assistant Company Secretary     Rentokil Initial plc              01276 607444

 

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