Rentokil Initial PLC Director/PDMR Shareholding (1059X)

TIDMRTO

RNS Number : 1059X

Rentokil Initial PLC

21 April 2023

CONTAINS INSIDE INFORMATION AND THE PERSON RESPONSIBLE FOR MAKING THIS ANNOUNCEMENT IS RACHEL CANHAM, GROUP GENERAL COUNSEL, RENTOKIL INITIAL PLC.

Rentokil Initial plc (the "Company")

21 April 2023

Notification of transactions by persons discharging managerial responsibilities (PDMRs)

The Company announces that Andy Ransom, Chief Executive, has sold 1,025,000 ordinary shares in the Company which, after payment of tax, will be used to fund a property purchase.

Andy has not previously sold any of his shareholding in the Company in the 15 years since becoming a Director of the Company (save to pay income tax and National Insurance on vesting performance shares) and following this transaction, he retains a beneficial holding of over 6 million ordinary shares held directly or under his vested but unexercised Performance Share Plan and Deferred Bonus Plan awards (including those subject to a holding period).

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        Sale of shares 
     -------------------------------  ---------------------------------- 
 c)   Price(s) and volume(s)             Price(s)    Volume(s) 
                                          618.9835p   1,025,000 
                                                     ---------- 
     -------------------------------  ---------------------------------- 
 d)   Aggregated information 
 
       - Aggregated volume               1,025,000 
 
       - Total price                     GBP6,344,580.88 
     -------------------------------  ---------------------------------- 
 e)   Date of the transaction          21 April 2023 
     -------------------------------  ---------------------------------- 
 f)   Place of the transaction         London Stock Exchange (XLON) 
     -------------------------------  ----------------------------------

Enquiries:

 
 Peter Russell, Head of Investor    Rentokil Initial 
  Relations                          plc                +44 (0)7795 166506 
 Malcolm Padley, Communications     Rentokil Initial 
  Director                           plc                +44 (0)7788 978199 
                                   ==================  ===================

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