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RNS Number : 5017C Rentokil Initial PLC 27 March 2025
Notification of transaction by a Person Discharging Managerial
Responsibilities
Rentokil Initial plc (the 'Company') hereby announces that Andy Ransom, Chief
Executive, a Person Discharging Managerial Responsibility, has exercised his
award of 964,464 ordinary shares of 1 pence each in the Company granted under
the Company Performance Share Plan 2006 (PSP) in March 2015.
The award, which vested in March 2018, would lapse this month if it remained
unexercised.
453,914 of these shares have been sold to cover the tax and national insurance
liability arising from the exercise at a price of £3.5633 per share, and the
balance of shares has been retained.
The notification set out below is provided in accordance with the requirements
of Article 19 of the UK Market Abuse Regulation.
Rachel Canham
Group General Counsel & Company Secretary
+44 (0)1293 858 000
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 options under the Performance Share Plan 2006 (883,906 nil-cost
options, plus 80,558 shares in dividends equivalents).
c) Price(s) and volume(s)
Price(s) Volume(s)
Nil consideration 964,464
d) Aggregated information
- Aggregated volume 964,464
- Total price N/A
e) Date of the transaction 2025-03-26
f) Place of the transaction London Stock Exchange (XLON)
d)
Aggregated information
- Aggregated volume
- Total price
964,464
N/A
e)
Date of the transaction
2025-03-26
f)
Place of the transaction
London Stock Exchange (XLON)
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 Part sale of shares to cover tax and NIC
c) Price(s) and volume(s)
Price(s) Volume(s)
£3.5633 453,914
d) Aggregated information
- Aggregated volume 453,914
- Total price £1,617,431.76
e) Date of the transaction 2025-03-26
f) Place of the transaction London Stock Exchange (XLON)
d)
Aggregated information
- Aggregated volume
- Total price
453,914
£1,617,431.76
e)
Date of the transaction
2025-03-26
f)
Place of the transaction
London Stock Exchange (XLON)
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