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REG - Rentokil Initial PLC - Director/PDMR Shareholding <Origin Href="QuoteRef">RTO.L</Origin>

RNS Number : 3243D
Rentokil Initial PLC
25 April 2017

Rentokil Initial plc (the Company)

The Company hereby announces that awards granted under the Rentokil Initial plc Performance Share Plan (PSP) in April 2013 and March 2014 to persons discharging managerial responsibility (PDMRs) have today been exercised as detailed below.

Name

Share award

Number of shares exercised on 25 April 2017

Shares sold to cover tax and social security at a share price of245.0873p

Shares retained by the individual

Shares transferred to a person closely associated

Daragh Fagan

2013 PSP

964

418

546

-

Daragh Fagan

2014 PSP

117,226

49,408

67,818

-

Alain Moffroid

2013 PSP

195,532

-

-

195,532

Alain Moffroid

2014 PSP

145,645

-

-

145,645

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 awards made under the 2013 and 2014 Performance Share Plan (PSP)

c)

Price(s) and volume(s)

Price(s)

Volume(s)

Nil consideration

118,190

d)

Aggregated information

- Aggregated volume

- Price

118,190 shares

-

e)

Date of the transaction

25 April 2017

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 awards made under the 2013 and 2014 Performance Share Plan (PSP).

c)

Price(s) and volume(s)

Price(s)

Volume(s)

245.0873p

49,826

d)

Aggregated information

- Aggregated volume

- Price

49,826 shares

122,117.20

e)

Date of the transaction

25 April 2017

f)

Place of the transaction

London Stock Exchange (XLON)

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Alain Moffroid and Anne Moffroid

2

Reason for the notification

a)

Position/status

Alain Moffroid - Managing Director, Pacific (PDMR)

Anne Moffroid - Spouse of 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 2013 and 2014 Performance Share Plan (PSP) and transfer of awards to spouse.

c)

Price(s) and volume(s)

Price(s)

Volume(s)

Nil consideration

341,177

d)

Aggregated information

- Aggregated volume

- Price

341,177 shares

-

e)

Date of the transaction

25 April 2017

f)

Place of the transaction

Outside a trading venue

Enquiries:

Catherine Stead, Assistant Company SecretaryRentokil Initial plc01276 607444


This information is provided by RNS
The company news service from the London Stock Exchange
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