Rentokil Initial Regulatory News (RTO)

26 Jun 2008 12:23



NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS

This form is intended for use by an issuer to make a RIS notification required by DR 3.1.4R(1).

Please complete all relevant boxes in block capital letters.

1. Name of the issuer

Rentokil Initial plc

2. State whether the notification relates to (i) a transaction notified in accordance with DR 3.1.4R(1)(a); or

(ii) DR 3.1.4(R)(1)(b) a disclosure made in accordance with section 324 (as extended by section 328) of the Companies Act 1985; or 

(iii) both (i) and (ii)

Pursuant to (i) and (ii) above

3. Name of person discharging managerial responsibilities/director

Andrew Macfarlane

Henry Chandler

Petar Cvetkovic

Andy Hobart

Andy Kemp

Bryan Kinsella

David Liu

Peter Lloyd

4. State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person

Not applicable

5. Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest

Pursuant to 3. above

6. Description of shares (including class), debentures or derivatives or financial instruments relating to shares

Ordinary shares of 1 pence each

7. Name of registered shareholders(s) and, if more than one, the number of shares held by each of them

Not applicable

8. State the nature of the transaction

Awards under the 2006 Performance Share Plan - 2008 award

9. Number of shares, debentures or financial instruments relating to shares acquired

Not applicable

10. Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)

Not applicable

11. Number of shares, debentures or financial instruments relating to shares disposed

Not applicable

12. Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage) 

Not applicable

13. Price per share or value of transaction

Not applicable

14. Date and place of transaction

Not applicable

15. Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)

Not applicable

16. Date issuer informed of transaction

25 June 2008

If a person discharging managerial responsibilities has been granted options by the issuer complete the following boxes

17. Date of grant

25 June 2008 - Performance Share Plan award

18. Period during which or date on which it can be exercised

26 June 2011 to 25 June 2018 (subject to performance conditions)

19. Total amount paid (if any) for grant of the option

Nil

20. Description of shares or debentures involved (class and number)

Ordinary shares of 1 pence each

Andrew Macfarlane  1,248,000 Performance share plan awards

Henry Chandler  840,000 Performance share plan awards

Petar Cvetkovic  1,120,000 Performance share plan awards

Andy Hobart  804,000 Performance share plan awards

Andy Kemp  710,400 Performance share plan awards

Bryan Kinsella 544,800  Performance share plan awards

David Liu 811,670 Performance share plan awards

Peter Lloyd 506,880 Performance share plan awards

21. Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise

Nil

22. Total number of shares or debentures over which options held following notification

a. Andrew Macfarlane 2,001,197  Performance share plan awards

b. Henry Chandler 1,332,296  Performance share awards

527,286  Pre 2006 ESOS share options

c. Petar Cvetkovic 1,120,000 Performance share plan awards

d. Andy Hobart 1,300,763 Performance share plan awards

e. Andy Kemp 1,155,914  Performance share plan awards

f. Bryan Kinsella 624,438 Performance share plan awards

g. David Liu  1,334,676 Performance share plan awards

h. Peter Lloyd 1,029,886  Performance share plan awards

166,619  Pre 2006 ESOS share options

23. Any additional information

Not applicable

24. Name of contact and telephone number for queries

Paul Griffiths, Company Secretary - 020 7592 2700

25. Name and signature of duly authorised officer of issuer responsible for making notification

Paul Griffiths, Company Secretary

26. Date of notification

26 June 2008