REG - Rentokil Initial PLC - Director/PDMR Shareholding

Rentokil InitialAnnouncement

19/12/2019 14:40

RNS Number : 5341X
Rentokil Initial PLC
19 December 2019
 


Rentokil Initial plc (the Company)
The Company hereby announces that the award granted under the Rentokil Initial plc Performance Share Plan (PSP) in March 2014 to Paul Cochrane (a person discharging managerial responsibility) was exercised on 19 December 2019 with 117,892 shares subsequently being sold at a share price of 451.6413p.
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


 
117,892



 
 




d)
 


Aggregated information
 
 
- Aggregated volume
 
 
- Price
 
 


 
 
 
117,892 shares
 
 
-
 




e)
 


Date of the transaction
 
 


19 December 2019




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)




 
451.6413p


 
117,892



 
 




d)
 


Aggregated information
 
 
- Aggregated volume
 
- Aggregated price
 
- Total
 
 


 
 
 
117,892 shares
 
451.6413p
 
£532,448.96
 




e)
 


Date of the transaction
 
 


19 December 2019




f)
 


Place of the transaction
 
 


London Stock Exchange (XLON)



 
 
 
Enquiries:
 
Catherine Stead, Deputy Company Secretary     Rentokil Initial plc              01276 607444
 




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