REG - Rentokil Initial PLC - Director/PDMR Shareholding

Rentokil InitialAnnouncement

14/03/2024 10:30

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RNS Number : 8731G  Rentokil Initial PLC  14 March 2024

Rentokil Initial plc (the "Company")

14 March 2024

 

Notification of transactions by persons discharging managerial
responsibilities (PDMRs)

 

Rentokil Initial plc (the "Company") hereby announces that Andy Ransom, Chief
Executive, has exercised his award of 986,515 ordinary shares granted under
the Company Performance Share Plan (PSP) in March 2014.

 

The award, which vested in March 2017, would lapse this month if it remained
unexercised. 464,245 of these shares have been sold to cover the tax and
national insurance liability on the award at a share price of 489.07p per
share, with the balance being retained.

 

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 award made under the 2014 Performance Share Plan (PSP)

 c)   Price(s) and volume(s)

Price(s)            Volume(s)

                                                                   Nil consideration   986,515
 d)   Aggregated information

      - Aggregated volume                                          986,515 shares

      - Price                                                      -

 e)   Date of the transaction                                      13 March 2024

 f)   Place of the transaction                                     Outside a trading venue

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

986,515 shares

 

-

 

e)

 

Date of the transaction

 

13 March 2024

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)

                                                                   489.07p   464,245
 d)   Aggregated information

      - Aggregated volume                                          464,245

      - Price                                                      £2,270,483.02

 e)   Date of the transaction                                      13 March 2024

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

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

464,245

 

£2,270,483.02

e)

 

Date of the transaction

 

13 March 2024

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

 

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