Director/PDMR Shareholding

RNS Number : 1786U

Rentokil Initial PLC

31 March 2021

 

Rentokil Initial plc

31 March 2021

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 2018 (the "2018 PSP) for Stuart Ingall-Tombs, Chief Financial Officer (a person discharging managerial responsibility) of 46,583 shares has been released with 18,919 of these shares subsequently being sold at a share price of £4.850278 to cover his tax and social security liability.

The Company further announces that the award granted under the 2018 PSP for John Myers (a person discharging managerial responsibility) of 225,110 shares has been released with 83,474 of these shares subsequently being sold at a share price of £4.850278 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 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 2018 Performance Share Plan (PSP)
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil consideration 46,583
d)	Aggregated information - Aggregated volume - Price	46,583 shares -
e)	Date of the transaction	30 March 2021
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 2018 Performance Share Plan (PSP).
c)	Price(s) and volume(s)	Price(s) Volume(s) £4.850278 18,919
d)	Aggregated information - Aggregated volume - Aggregated price - Total	18,919 shares £4.850278 £91,762.41
e)	Date of the transaction	30 March 2021
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	President & CEO, Rentokil 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 2018 Performance Share Plan (PSP)
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil consideration 225,110
d)	Aggregated information - Aggregated volume - Price	225,110 shares -
e)	Date of the transaction	30 March 2021
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	President & CEO, Rentokil 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 2018 Performance Share Plan (PSP).
c)	Price(s) and volume(s)	Price(s) Volume(s) £4.850278 83,474
d)	Aggregated information - Aggregated volume - Aggregated price - Total	83,474 shares £4.850278 £404,872.11
e)	Date of the transaction	30 March 2021
f)	Place of the transaction	London Stock Exchange (XLON)

Enquiries:

Daragh Fagan, Company Secretary Rentokil Initial plc 01276 607444

 

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