Notification of transactions by persons discharging managerial responsibilities (PDMRs)
Rentokil Initial plc (the "Company") hereby announces that Andy Ransom, Chief Executive, has exercised his awards of 971,802 ordinary shares granted under the Company Performance Share Plan (PSP) in April and October 2013.
The awards, which vested in April and October 2016, would both lapse this year if they remained unexercised. 457,308 of these shares have been sold to cover the tax and national insurance liability on the awards at a share price of 559.8605p per share.
The relevant notification set out below is 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
Andy Ransom
2
Reason for the notification
a)
Position/status
Chief Executive
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 Performance Share Plan (PSP)
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Nil consideration
971,802
d)
Aggregated information
- Aggregated volume
- Price
971,802 shares
-
e)
Date of the transaction
22 March 2023
f)
Place of the transaction
Outside a trading venue
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Andy Ransom
2
Reason for the notification
a)
Position/status
Chief Executive
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)
559.8605p
457,308
d)
Aggregated information
- Aggregated volume
- Total price
457,308
£2,560,286.86
e)
Date of the transaction
22 March 2023
f)
Place of the transaction
London Stock Exchange (XLON)
Enquiries:
Catherine Stead, Company Secretary
Rentokil Initial plc
+44 (0)7826 533700
Malcolm Padley, Communications Director
Rentokil Initial plc
+44 (0)7788 978199
Peter Russell, Head of Investor Relations
Rentokil Initial plc
+44 (0)7795 166506

Attachments

Disclaimer

Rentokil Initial plc published this content on 23 March 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 March 2023 12:22:41 UTC.