TIDMRTO

RNS Number : 3243D

Rentokil Initial PLC

25 April 2017

Rentokil Initial plc (the Company)

The Company hereby announces that awards granted under the Rentokil Initial plc Performance Share Plan (PSP) in April 2013 and March 2014 to persons discharging managerial responsibility (PDMRs) have today been exercised as detailed below.

 
                                                 Shares 
                                                   sold 
                                               to cover 
                                                tax and 
                                 Number          social                       Shares 
                              of shares        security                  transferred 
                              exercised            at a        Shares           to a 
                                  on 25           share      retained         person 
                   Share          April           price        by the        closely 
 Name               award          2017    of 245.0873p    individual     associated 
----------------  --------  -----------  --------------  ------------  ------------- 
                   2013 
 Daragh Fagan       PSP             964             418           546              - 
----------------  --------  -----------  --------------  ------------  ------------- 
                   2014 
 Daragh Fagan       PSP         117,226          49,408        67,818              - 
----------------  --------  -----------  --------------  ------------  ------------- 
                   2013 
 Alain Moffroid     PSP         195,532               -             -        195,532 
----------------  --------  -----------  --------------  ------------  ------------- 
                   2014 
 Alain Moffroid     PSP         145,645               -             -        145,645 
----------------  --------  -----------  --------------  ------------  ------------- 
 

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                       Daragh Fagan 
---  -------------------------  ----------------------------------- 
 2    Reason for the notification 
---  -------------------------------------------------------------- 
 a)   Position/status            Group General Counsel & Company 
                                  Secretary 
---  -------------------------  ----------------------------------- 
 b)   Initial notification       Initial notification 
       /Amendment 
---  -------------------------  ----------------------------------- 
 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             Ordinary shares of 1p each 
       the financial 
       instrument, type 
       of instrument              ISIN: GB00B082RF11 
 
       Identification 
       code 
---  -------------------------  ----------------------------------- 
 b)   Nature of the              Exercise of awards made under 
       transaction                the 2013 and 2014 Performance 
                                  Share Plan (PSP) 
---  -------------------------  ----------------------------------- 
 c)   Price(s) and volume(s)       Price(s)              Volume(s) 
                                   --------------------  ---------- 
 
                                     Nil consideration     118,190 
                                   --------------------  ---------- 
---  -------------------------  ----------------------------------- 
 d)   Aggregated information 
 
 
       - Aggregated volume         118,190 shares 
 
 
       - Price                     - 
---  -------------------------  ----------------------------------- 
 e)   Date of the transaction    25 April 2017 
---  -------------------------  ----------------------------------- 
 f)   Place of the transaction   Outside a trading venue 
---  -------------------------  ----------------------------------- 
 
 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
---  ---------------------------------------------------------------- 
 a)   Name                       Daragh Fagan 
---  -------------------------  ------------------------------------- 
 2    Reason for the notification 
---  ---------------------------------------------------------------- 
 a)   Position/status            Group General Counsel & Company 
                                  Secretary 
---  -------------------------  ------------------------------------- 
 b)   Initial notification       Initial notification 
       /Amendment 
---  -------------------------  ------------------------------------- 
 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             Ordinary shares of 1p each 
       the financial 
       instrument, type 
       of instrument              ISIN: GB00B082RF11 
 
       Identification 
       code 
---  -------------------------  ------------------------------------- 
 b)   Nature of the              Sale of shares to cover the 
       transaction                tax and national insurance 
                                  liability arising following 
                                  the exercise of awards made 
                                  under the 2013 and 2014 Performance 
                                  Share Plan (PSP). 
---  -------------------------  ------------------------------------- 
 c)   Price(s) and volume(s)       Price(s)     Volume(s) 
                                   -----------  ---------- 
 
                                     245.0873p    49,826 
                                   -----------  ---------- 
---  -------------------------  ------------------------------------- 
 d)   Aggregated information 
 
 
       - Aggregated volume         49,826 shares 
 
 
       - Price                     GBP122,117.20 
---  -------------------------  ------------------------------------- 
 e)   Date of the transaction    25 April 2017 
---  -------------------------  ------------------------------------- 
 f)   Place of the transaction   London Stock Exchange (XLON) 
---  -------------------------  ------------------------------------- 
 
 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
---  -------------------------------------------------------------- 
 a)   Name                       Alain Moffroid and Anne Moffroid 
---  -------------------------  ----------------------------------- 
 2    Reason for the notification 
---  -------------------------------------------------------------- 
 a)   Position/status            Alain Moffroid - Managing 
                                  Director, Pacific (PDMR) 
                                  Anne Moffroid - Spouse of 
                                  PDMR 
---  -------------------------  ----------------------------------- 
 b)   Initial notification       Initial notification 
       /Amendment 
---  -------------------------  ----------------------------------- 
 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             Ordinary shares of 1p each 
       the financial 
       instrument, type 
       of instrument              ISIN: GB00B082RF11 
 
       Identification 
       code 
---  -------------------------  ----------------------------------- 
 b)   Nature of the              Exercise of awards made under 
       transaction                the 2013 and 2014 Performance 
                                  Share Plan (PSP) and transfer 
                                  of awards to spouse. 
---  -------------------------  ----------------------------------- 
 c)   Price(s) and volume(s)       Price(s)              Volume(s) 
                                   --------------------  ---------- 
 
                                     Nil consideration     341,177 
                                   --------------------  ---------- 
---  -------------------------  ----------------------------------- 
 d)   Aggregated information 
 
 
       - Aggregated volume         341,177 shares 
 
 
       - Price                     - 
---  -------------------------  ----------------------------------- 
 e)   Date of the transaction    25 April 2017 
---  -------------------------  ----------------------------------- 
 f)   Place of the transaction   Outside a trading venue 
---  -------------------------  ----------------------------------- 
 

Enquiries:

   Catherine Stead, Assistant Company Secretary     Rentokil Initial plc              01276 607444 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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April 25, 2017 12:58 ET (16:58 GMT)

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