REG - Rentokil Initial PLC - Director/PDMR Shareholding
29/03/2022 14:30
For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20220329:nRSc4347Ga&default-theme=true
RNS Number : 4347G Rentokil Initial PLC 29 March 2022
Rentokil Initial plc
29 March 2022
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 2019 (the "2019
PSP") for Stuart Ingall-Tombs, Chief Financial Officer (a person discharging
managerial responsibility) of 44,609 shares has been automatically released
with 18,967 of these shares subsequently being sold at a share price of
£5.2401 to cover his tax and social security liability.
The Company further announces that the award granted under the 2019 PSP for
John Myers, Managing Director, North America (a person discharging managerial
responsibility) of 120,298 shares has been automatically released with 44,614
of these shares subsequently being sold at a share price of £5.2401 to cover
his tax and social security liability.
Paul Cochrane (a person discharging managerial responsibility) has also
exercised an award granted under the 2019 PSP with 75,557 shares subsequently
sold at a share price of £5.25. 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 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 Ordinary shares of 1p each
Identification code
ISIN: GB00B082RF11
b) Nature of the transaction Release of awards made under the 2019 Performance Share Plan (PSP)
c) Price(s) and volume(s)
Price(s) Volume(s)
Nil consideration 44,609
d) Aggregated information
- Aggregated volume 44,609 shares
- Price -
e) Date of the transaction 25 March 2022
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
- Price
44,609 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 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 Ordinary shares of 1p each
Identification code
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 2019 Performance Share Plan
(PSP).
c) Price(s) and volume(s)
Price(s) Volume(s)
£5.2401 18,967
d) Aggregated information
- Aggregated volume 18,967 shares
- Aggregated price £5.2401
- Total £99,388.98
e) Date of the transaction 28 March 2022
f) Place of the transaction London Stock Exchange (XLON)
d)
Aggregated information
- Aggregated volume
- Aggregated price
- Total
18,967 shares
£5.2401
£99,388.98
e)
Date of the transaction
28 March 2022
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 Managing Director, 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 Ordinary shares of 1p each
Identification code
ISIN: GB00B082RF11
b) Nature of the transaction Release of awards made under the 2019 Performance Share Plan (PSP)
c) Price(s) and volume(s)
Price(s) Volume(s)
Nil consideration 120,298
d) Aggregated information
- Aggregated volume 120,298 shares
- Price -
e) Date of the transaction 25 March 2022
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
- Price
120,298 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 John Myers
2 Reason for the notification
a) Position/status Managing Director, 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 Ordinary shares of 1p each
Identification code
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 2019 Performance Share Plan
(PSP).
c) Price(s) and volume(s)
Price(s) Volume(s)
£5.2401 44,614
d) Aggregated information
- Aggregated volume 44,614 shares
- Aggregated price £5.2401
- Total £233,781.82
e) Date of the transaction 28 March 2022
f) Place of the transaction London Stock Exchange (XLON)
d)
Aggregated information
- Aggregated volume
- Aggregated price
- Total
44,614 shares
£5.2401
£233,781.82
e)
Date of the transaction
28 March 2022
f)
Place of the transaction
London Stock Exchange (XLON)
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
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 Ordinary shares of 1p each
Identification code
ISIN: GB00B082RF11
b) Nature of the transaction Exercise of awards made under the Company's 2019 Performance Share Plan (PSP).
c) Price(s) and volume(s)
Price(s) Volume(s)
Nil consideration 75,557
d) Aggregated information
- Aggregated volume 75,557 shares
- Price -
e) Date of the transaction 29 March 2022
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
- Price
75,557 shares
-
e)
Date of the transaction
29 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
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 Ordinary shares of 1p each
Identification code
ISIN: GB00B082RF11
b) Nature of the transaction Sale of shares.
c) Price(s) and volume(s)
Price(s) Volume(s)
£5.25 75,557
d) Aggregated information
- Aggregated volume 75,557 shares
- Aggregated price £5.25
- Total £396,674.25
e) Date of the transaction 29 March 2022
f) Place of the transaction London Stock Exchange (XLON)
d)
Aggregated information
- Aggregated volume
- Aggregated price
- Total
75,557 shares
£5.25
£396,674.25
e)
Date of the transaction
29 March 2022
f)
Place of the transaction
London Stock Exchange (XLON)
Enquiries:
Catherine Stead, Deputy Company Secretary Rentokil Initial
plc 01293 858000
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
or visit
www.rns.com (http://www.rns.com/)
.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
. END DSHBXGDXCBDDGDCRecent news on Rentokil Initial
See all newsREG - Rentokil Initial PLC - Holding(s) in Company
AnnouncementREG - Rentokil Initial PLC - Director/PDMR Shareholding
AnnouncementREG - Rentokil Initial PLC - Annual Financial Report
AnnouncementREG - Rentokil Initial PLC - Director/PDMR Shareholding
AnnouncementREG - Rentokil Initial PLC - Holding(s) in Company
Announcement