Director/PDMR Shareholding

RNS Number : 4537D

Rentokil Initial PLC

26 April 2017

 

Rentokil Initial plc (the Company)

The Company hereby announces that John Myers (a person discharging managerial responsibility) has exercised his award of 163,329 shares granted under the Rentokil Initial plc Performance Share Plan (PSP) in March 2014, with 72,865 of these shares being sold at a share price of 249.7188p to cover his tax and social security liability.

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	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	Exercise of awards made under the 2014 Performance Share Plan (PSP)
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil consideration 163,329
d)	Aggregated information - Aggregated volume - Price	163,329 shares -
e)	Date of the transaction	31 March 2017
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 exercise of awards made under the 2014 Performance Share Plan (PSP).
c)	Price(s) and volume(s)	Price(s) Volume(s) 249.7188p 72,865
d)	Aggregated information - Aggregated volume - Price	72,865 shares £181,957.60
e)	Date of the transaction	6 April 2017
f)	Place of the transaction	London Stock Exchange (XLON)

Enquiries:

Catherine Stead, Assistant Company Secretary     Rentokil Initial plc              01276 607444

 

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