Director/PDMR Shareholding

RNS Number : 6515M

Rentokil Initial PLC

30 April 2018

 

Rentokil Initial plc (the Company)

The Company hereby announces that the award granted under the Rentokil Initial plc Performance Share Plan (PSP) in March 2015 to Daragh Fagan (a person discharging managerial responsibility) has today been exercised with 55,268 of these shares subsequently being sold at a share price of 308.0p to cover his tax and national insurance 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	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 award made under the 2015 Performance Share Plan (PSP)
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil consideration 117,170
d)	Aggregated information - Aggregated volume - Price	117,170 shares -
e)	Date of the transaction	30 April 2018
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 award made under the 2015 Performance Share Plan (PSP).
c)	Price(s) and volume(s)	Price(s) Volume(s) 308.0p 55,268
d)	Aggregated information - Aggregated volume - Price	55,268 shares £170,225.44
e)	Date of the transaction	30 April 2018
f)	Place of the transaction	London Stock Exchange (XLON)

Enquiries:

Catherine Stead, Assistant Company Secretary     Rentokil Initial plc              01276 607444

 

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