REG - Rentokil Initial PLC - Director/PDMR Shareholding

Rentokil InitialAnnouncement

23/03/2023 09:45

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RNS Number : 0208U  Rentokil Initial PLC  23 March 2023

Rentokil Initial plc (the "Company")

23 March 2023

 

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  Ordinary shares of 1p each

      Identification code

                                                                   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                                          971,802 shares

      - Price                                                      -

 e)   Date of the transaction                                      22 March 2023

 f)   Place of the transaction                                     Outside a trading venue

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  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)

                                                                   559.8605p  457,308
 d)   Aggregated information

      - Aggregated volume                                          457,308

      - Total price                                                £2,560,286.86

 e)   Date of the transaction                                      22 March 2023

 f)   Place of the transaction                                     London Stock Exchange (XLON)

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

 

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