Director/PDMR Shareholding

By

Regulatory News | 29 Aug, 2018

Updated : 07:01

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 /Amendment

 

Initial notification

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 financial instrument, type of instrument

 

Identification code

 

Ordinary shares of 1p each

 

 

ISIN: GB00B082RF11

 

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

 

- Price

 

 

 

176,008 shares

 

-

 

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 /Amendment

 

Initial notification

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 financial instrument, type of instrument

 

Identification code

 

Ordinary shares of 1p each

 

 

ISIN: GB00B082RF11

 

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

 

- Price

 

 

 

176,008 shares

 

£597,371.15

 

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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