Rentokil Initial PLC Director/PDMR Shareholding (4347G)
March 29 2022 - 9:20AM
UK Regulatory
TIDMRTO
RNS Number : 4347G
Rentokil Initial PLC
29 March 2022
Rentokil Initial plc
29 March 2022
Notification of transactions by persons discharging managerial
responsibilities and persons closely associated with them
Rentokil Initial plc (the "Company") hereby announces that the
award granted under the Rentokil Initial plc Performance Share Plan
in March 2019 (the "2019 PSP") for Stuart Ingall-Tombs, Chief
Financial Officer (a person discharging managerial responsibility)
of 44,609 shares has been automatically released with 18,967 of
these shares subsequently being sold at a share price of GBP5.2401
to cover his tax and social security liability.
The Company further announces that the award granted under the
2019 PSP for John Myers, Managing Director, North America (a person
discharging managerial responsibility) of 120,298 shares has been
automatically released with 44,614 of these shares subsequently
being sold at a share price of GBP5.2401 to cover his tax and
social security liability.
Paul Cochrane (a person discharging managerial responsibility)
has also exercised an award granted under the 2019 PSP with 75,557
shares subsequently sold at a share price of GBP5.25. 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 UK Market
Abuse Regulation.
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Stuart Ingall-Tombs
---------------------------- -------------------------------------
2 Reason for the notification
-------------------------------------------------------------------
a) Position/status Chief Financial Officer
---------------------------- -------------------------------------
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 Release of awards made under the
2019 Performance Share Plan (PSP)
---------------------------- -------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
Nil consideration 44,609
----------
---------------------------- -------------------------------------
d) Aggregated information
- Aggregated volume 44,609 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 Stuart Ingall-Tombs
-------------------------- ---------------------------------------
2 Reason for the notification
-------------------------------------------------------------------
a) Position/status Chief Financial Officer
-------------------------- ---------------------------------------
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 to cover the tax and
social security liability arising
following the release of an award
made under the 2019 Performance Share
Plan (PSP).
-------------------------- ---------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
GBP5.2401 18,967
----------
-------------------------- ---------------------------------------
d) Aggregated information
- Aggregated volume 18,967 shares
- Aggregated price GBP5.2401
- Total GBP99,388.98
-------------------------- ---------------------------------------
e) Date of the transaction 28 March 2022
-------------------------- ---------------------------------------
f) Place of the transaction London Stock Exchange (XLON)
-------------------------- ---------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name John Myers
---------------------------- -------------------------------------
2 Reason for the notification
-------------------------------------------------------------------
a) Position/status Managing Director, North America
---------------------------- -------------------------------------
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 Release of awards made under the
2019 Performance Share Plan (PSP)
---------------------------- -------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
Nil consideration 120,298
----------
---------------------------- -------------------------------------
d) Aggregated information
- Aggregated volume 120,298 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 John Myers
-------------------------- ---------------------------------------
2 Reason for the notification
-------------------------------------------------------------------
a) Position/status Managing Director, North America
-------------------------- ---------------------------------------
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 to cover the tax and
social security liability arising
following the release of an award
made under the 2019 Performance Share
Plan (PSP).
-------------------------- ---------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
GBP5.2401 44,614
----------
-------------------------- ---------------------------------------
d) Aggregated information
- Aggregated volume 44,614 shares
- Aggregated price GBP5.2401
- Total GBP233,781.82
-------------------------- ---------------------------------------
e) Date of the transaction 28 March 2022
-------------------------- ---------------------------------------
f) Place of the transaction London Stock Exchange (XLON)
-------------------------- ---------------------------------------
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
---------------------------- -------------------------------------
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 2019 Performance Share
Plan (PSP).
---------------------------- -------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
Nil consideration 75,557
----------
---------------------------- -------------------------------------
d) Aggregated information
- Aggregated volume 75,557 shares
- Price -
---------------------------- -------------------------------------
e) Date of the transaction 29 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
------------------------------- ----------------------------------
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)
GBP5.25 75,557
----------
------------------------------- ----------------------------------
d) Aggregated information
- Aggregated volume 75,557 shares
- Aggregated price GBP5.25
- Total GBP396,674.25
------------------------------- ----------------------------------
e) Date of the transaction 29 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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END
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