Rentokil Initial PLC Director/PDMR Shareholding (9600V)

TIDMRTO

RNS Number : 9600V

Rentokil Initial PLC

11 April 2019

Rentokil Initial plc (the Company)

The Company hereby announces that the awards granted under the Rentokil Initial plc Performance Share Plan (PSP) in March 2015 and March 2016 to Jürgen Höfling (a person discharging managerial responsibility) have been exercised with 150,510 shares subsequently being sold at a share price of 363.8606p to cover his tax liability.

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                          Jürgen Höfling 
     ----------------------------  ------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------- 
 a)   Position/status               Managing Director, Europe 
     ----------------------------  ------------------------------------- 
 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     300,086 
                                                            ---------- 
     ----------------------------  ------------------------------------- 
 d)   Aggregated information 
 
 
       - Aggregated volume            300,086 shares 
 
 
       - Price                        - 
     ----------------------------  ------------------------------------- 
 e)   Date of the transaction       11 April 2019 
     ----------------------------  ------------------------------------- 
 f)   Place of the transaction      Outside a trading venue 
     ----------------------------  ------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                        Jürgen Höfling 
     --------------------------  --------------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------------- 
 a)   Position/status             Managing Director, Europe 
     --------------------------  --------------------------------------------- 
 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 liability 
                                   arising following the exercise of 
                                   awards made under the Company's Performance 
                                   Share Plan (PSP). 
     --------------------------  --------------------------------------------- 
 c)   Price(s) and volume(s)        Price(s)        Volume(s) 
 
                                      GBP3.638606     150,510 
                                                    ---------- 
     --------------------------  --------------------------------------------- 
 d)   Aggregated information 
 
 
       - Aggregated volume          150,510 shares 
 
 
       - Price                      GBP547,646.59 
     --------------------------  --------------------------------------------- 
 e)   Date of the transaction     11 April 2019 
     --------------------------  --------------------------------------------- 
 f)   Place of the transaction    London Stock Exchange (XLON) 
     --------------------------  --------------------------------------------- 
 

Enquiries:

   Catherine Stead, Assistant Company Secretary     Rentokil Initial plc              01276 607444 

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April 11, 2019 11:37 ET (15:37 GMT)