Last checked at 29 Jun 2016 07:00
NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS
Notes: This form is intended for use by an issuer to make a RIS notification required by DR 3.3.
(1) | An issuer making a notification in respect of a transaction relating to the shares or debentures of the issuer should complete boxes 1 to 16, 23 and 24. |
(2) | An issuer making a notification in respect of a derivative relating the shares of the issuer should complete boxes 1 to 4, 6, 8, 13, 14, 16, 23 and 24. |
(3) | An issuer making a notification in respect of options granted to a director/person discharging managerial responsibilities should complete boxes 1 to 3 and 17 to 24. |
(4) | An issuer making a notification in respect of a financial instrument relating to the shares of the issuer (other than a debenture) should complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24. |
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 DTR 3.1.2 R, (ii) a disclosure made in accordance LR 9.8.6R(1) or (iii) a disclosure made in accordance with section 793 of the Companies Act 2006.
Pursuant to (i) and (iii) above
3. Name of person discharging managerial responsibilities/director
Jeremy Townsend (Director)
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 shareholder(s) and, if more than one, the number of shares held by each of them
Not applicable
8 State the nature of the transaction
Exercise of Performance share plan award 2013 - Final vested award 30 April 2016 - 492,538
9. Number of shares, debentures or financial instruments relating to shares acquired
492,538 - Performance shares plan award 2013
10. Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)
0.02693%
11. Number of shares, debentures or financial instruments relating to shares disposed
232,307 ordinary shares of 1p each to satisfy tax liability and dealing costs
12. Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage)
0.01270%
13. Price per share or value of transaction
180.2p
14. Date and place of transaction
27 June 2016, London
15. Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)
488,600 ordinary shares of 1p each - 0.02671%
16. Date issuer informed of transaction
27 June 2016
If a person discharging managerial responsibilities has been granted options by the issuer complete the following boxes
17. Date of grant
N/A
18. Period during which or date on which it can be exercised
N/A
19. Total amount paid (if any) for grant of the option
N/A
20. Description of shares or debentures involved (class and number)
N/A
21. Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise
N/A
22. Total number of shares or debentures over which options held following notification
N/A
23. Any additional information
Sale of 232,307 ordinary shares to satisfy tax liability and dealing costs
24. Name of contact and telephone number for queries
Daragh Fagan, Company Secretary - +44 (0)1276 607444
25. Name of authorised official of issuer responsible for making notification and date of notification
Daragh Fagan, General Counsel and Company Secretary
28 June 2016