Rentokil Initial PLC Director/PDMR Shareholding (0208U)
March 23 2023 - 5:42AM
UK Regulatory
TIDMRTO
RNS Number : 0208U
Rentokil Initial PLC
23 March 2023
Rentokil Initial plc (the "Company")
23 March 2023
Notification of transactions by persons discharging managerial
responsibilities (PDMRs)
Rentokil Initial plc (the "Company") hereby announces that Andy
Ransom, Chief Executive, has exercised his awards of 971,802
ordinary shares granted under the Company Performance Share Plan
(PSP) in April and October 2013.
The awards, which vested in April and October 2016, would both
lapse this year if they remained unexercised. 457,308 of these
shares have been sold to cover the tax and national insurance
liability on the awards at a share price of 559.8605p per
share.
The relevant notification set out below is provided in
accordance with the requirements of Article 19 of the UK Market
Abuse Regulation.
Details of the person discharging managerial responsibilities
1 / person closely associated
a) Name Andy Ransom
---------------------------- -------------------------------------
Reason for the notification
2
-------------------------------------------------------------------
a) Position/status Chief Executive
---------------------------- -------------------------------------
b) Initial notification Initial notification
/Amendment
---------------------------- -------------------------------------
Details of the issuer, emission allowance market participant,
3 auction platform, auctioneer or auction monitor
-------------------------------------------------------------------
a) Name Rentokil Initial plc
---------------------------- -------------------------------------
b) LEI 549300VN4WV7Z6T14K68
---------------------------- -------------------------------------
Details of the transaction(s): section to be repeated
4 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
2013 Performance Share Plan (PSP)
---------------------------- -------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
Nil consideration 971,802
----------
---------------------------- -------------------------------------
d) Aggregated information
- Aggregated volume 971,802 shares
- Price -
---------------------------- -------------------------------------
e) Date of the transaction 22 March 2023
---------------------------- -------------------------------------
f) Place of the transaction Outside a trading venue
---------------------------- -------------------------------------
Details of the person discharging managerial responsibilities
1 / person closely associated
a) Name Andy Ransom
------------------------------- ----------------------------------
Reason for the notification
2
-------------------------------------------------------------------
a) Position/status Chief Executive
------------------------------- ----------------------------------
b) Initial notification Initial notification
/Amendment
------------------------------- ----------------------------------
Details of the issuer, emission allowance market participant,
3 auction platform, auctioneer or auction monitor
-------------------------------------------------------------------
a) Name Rentokil Initial plc
------------------------------- ----------------------------------
b) LEI 549300VN4WV7Z6T14K68
------------------------------- ----------------------------------
Details of the transaction(s): section to be repeated
4 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)
559.8605 p 457,308
----------
------------------------------- ----------------------------------
d) Aggregated information
- Aggregated volume 457,308
- Total price GBP2,560,286.86
------------------------------- ----------------------------------
e) Date of the transaction 22 March 2023
------------------------------- ----------------------------------
f) Place of the transaction London Stock Exchange (XLON)
------------------------------- ----------------------------------
Enquiries:
Rentokil Initial
Catherine Stead, Company Secretary plc +44 (0)7826 533700
Malcolm Padley, Communications Rentokil Initial
Director plc +44 (0)7788 978199
================== ===================
Peter Russell, Head of Investor Rentokil Initial
Relations plc +44 (0)7795 166506
================== ===================
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END
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