Director/PDMR Shareholding

By

Regulatory News | 28 Feb, 2019

Updated : 17:15

RNS Number : 5032R
Rentokil Initial PLC
28 February 2019
 

Rentokil Initial plc (the Company)

The Company hereby announces that Vanessa Evans (a person discharging managerial responsibility) has exercised her award of 194,778 shares granted under the Rentokil Initial plc Performance Share Plan (PSP) in January 2016, with 91,868 of these shares being sold at a share price of £3.54 to cover tax and national insurance liability and the balance of 102,910 shares being retained.

 

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

 

Vanessa Evans

 

 

2

 

Reason for the notification

 

a)

 

Position/status

 

Group HR Director (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 awards made under the 2015 Performance Share Plan (PSP).

 

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

 

Nil consideration

 

194,778

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

 

 

194,778 shares

 

 

-

 

e)

 

Date of the transaction

 

 

28 February 2018

f)

 

Place of the transaction

 

 

Outside a trading venue

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

Vanessa  Evans

 

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Group HR Director  (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 to cover the tax and national insurance liability arising following the exercise of an award made under the 2015 Performance Share Plan (PSP).

 

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

 

£3.54

 

91,868

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

 

 

91,868 shares

 

 

£325,212.72

 

e)

 

Date of the transaction

 

 

28 February 2019

f)

 

Place of the transaction

 

 

London Stock Exchange (XLON)

 

 

Enquiries:

 

Daragh Fagan, Company Secretary     Rentokil Initial plc              01276 607444

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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