Director/PDMR Shareholding

RNS Number : 1272G
Rentokil Initial PLC
25 March 2022
 

Rentokil Initial plc (the Company)

The Company hereby announces that the awards granted under the Rentokil Initial plc Performance Share Plan (PSP) in 2015, 2016, 2017 and 2018 to Paul Cochrane (a person discharging managerial responsibility) have been exercised with 366,020 shares subsequently sold on 25 March 2022 at a share price of 531.19p.  Paul is retiring as Managing Director, Asia at Rentokil Initial at the end of March.

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

 

Paul Cochrane

 

 

2

 

Reason for the notification

 

a)

 

Position/status

 

Managing Director, Asia (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 Company's Performance Share Plan (PSP).

 

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

 

Nil consideration

 

366,020

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

 

 

366,020 shares

 

 

-

 

e)

 

Date of the transaction

 

 

25 March 2022

f)

 

Place of the transaction

 

 

Outside a trading venue

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

Paul Cochrane

 

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Managing Director, Asia (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

 

 

Sale of shares.

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

 

£5.3119

 

366,020

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

- Aggregated price

 

- Total

 

 

 

 

 

366,020 shares

 

£5.3119

 

£1,944,261.64

 

e)

 

Date of the transaction

 

 

25 March 2022

f)

 

Place of the transaction

 

 

London Stock Exchange (XLON)

 

 

 

Enquiries:

 

Catherine Stead, Deputy Company Secretary Rentokil Initial plc 01293 858000

 

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