Rentokil Initial PLC Director/PDMR Shareholding (0590Z)

TIDMRTO

RNS Number : 0590Z

Rentokil Initial PLC

28 August 2018

Rentokil Initial plc (the Company)

The Company hereby announces that the award granted under the Rentokil Initial plc Performance Share Plans (PSP) in 2012 and 2013 to Paul Cochrane (a person discharging managerial responsibility) has today been exercised with 176,008 of these shares subsequently being sold at a share price of 339.4p.

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              Regional 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 award made under the 
                                    2012 and 2013 Performance Share Plan 
                                    (PSP) 
     ---------------------------  -------------------------------------- 
 c)   Price(s) and volume(s)         Price(s)              Volume(s) 
 
                                       Nil consideration     176,008 
                                                           ---------- 
     ---------------------------  -------------------------------------- 
 d)   Aggregated information 
 
       - Aggregated volume           176,008 shares 
 
       - Price                       - 
     ---------------------------  -------------------------------------- 
 e)   Date of the transaction      28 August 2018 
     ---------------------------  -------------------------------------- 
 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              Regional 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 following the exercise 
                                    of awards made under the 2012 and 
                                    2013 Performance Share Plans (PSP). 
     ---------------------------  -------------------------------------- 
 c)   Price(s) and volume(s)         Price(s)   Volume(s) 
 
                                       339.4p     176,008 
                                                ---------- 
     ---------------------------  -------------------------------------- 
 d)   Aggregated information 
 
       - Aggregated volume           176,008 shares 
 
       - Price                       GBP597,371.15 
     ---------------------------  -------------------------------------- 
 e)   Date of the transaction      28 August 2018 
     ---------------------------  -------------------------------------- 
 f)   Place of the transaction     London Stock Exchange (XLON) 
     ---------------------------  -------------------------------------- 
 

Enquiries:

   Daragh Fagan, Company Secretary     Rentokil Initial plc              01276 607444 

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August 29, 2018 02:00 ET (06:00 GMT)