Rentokil Initial PLC Director/PDMR Shareholding (1272G)
March 25 2022 - 12:32PM
UK Regulatory
TIDMRTO
RNS Number : 1272G
Rentokil Initial PLC
25 March 2022
Rentokil Initial plc (the Company)
The Company hereby announces that the awards granted under the
Rentokil Initial plc Performance Share Plan (PSP) in 2015, 2016,
2017 and 2018 to Paul Cochrane (a person discharging managerial
responsibility) have been exercised with 366,020 shares
subsequently sold on 25 March 2022 at a share price of 531.19p.
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 EU Market
Abuse Regulation.
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 (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 the Ordinary shares of 1p each
financial instrument,
type of instrument
ISIN: GB00B082RF11
Identification code
---------------------------- -------------------------------------
b) Nature of the transaction Exercise of awards made under the
Company's Performance Share Plan
(PSP).
---------------------------- -------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
Nil consideration 366,020
----------
---------------------------- -------------------------------------
d) Aggregated information
- Aggregated volume 366,020 shares
- Price -
---------------------------- -------------------------------------
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 Paul Cochrane
------------------------------ -----------------------------------
2 Reason for the notification
-------------------------------------------------------------------
a) Position/status Managing Director, Asia (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 the Ordinary shares of 1p each
financial instrument,
type of instrument
ISIN: GB00B082RF11
Identification code
------------------------------ -----------------------------------
b) Nature of the transaction Sale of shares.
------------------------------ -----------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
GBP5.3119 366,020
----------
------------------------------ -----------------------------------
d) Aggregated information
- Aggregated volume 366,020 shares
- Aggregated price GBP5.3119
- Total GBP1,944,261.64
------------------------------ -----------------------------------
e) Date of the transaction 25 March 2022
------------------------------ -----------------------------------
f) Place of the transaction London Stock Exchange (XLON)
------------------------------ -----------------------------------
Enquiries:
Catherine Stead, Deputy Company Secretary Rentokil Initial plc 01293 858000
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