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.
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(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. |
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Please complete all relevant boxes in block capital letters.
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1. Name of the issuer
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Rentokil Initial plc
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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.
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Pursuant to (i) and (iii) above
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3. Name of person discharging managerial responsibilities/director
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Jeremy Townsend (Director)
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4. State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person
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Not applicable
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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
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Pursuant to 3 above
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6. Description of shares (including class), debentures or derivatives or financial instruments relating to shares
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Ordinary shares of 1 pence each
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7. Name of registered shareholder(s) and, if more than one, the number of shares held by each of them
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Not applicable
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8 State the nature of the transaction
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Exercise of Performance share plan award 2013 - Final vested award 30 April 2016 - 492,538
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9. Number of shares, debentures or financial instruments relating to shares acquired
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492,538 - Performance shares plan award 2013
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10. Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)
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0.02693%
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11. Number of shares, debentures or financial instruments relating to shares disposed
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232,307 ordinary shares of 1p each to satisfy tax liability and dealing costs
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12. Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage)Â
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0.01270%
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13. Price per share or value of transaction
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180.2p
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14. Date and place of transaction
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27 June 2016, London
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15. Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)
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488,600 ordinary shares of 1p each - 0.02671%
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16. Date issuer informed of transaction
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27 June 2016
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If a person discharging managerial responsibilities has been granted options by the issuer complete the following boxes
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17. Date of grant
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N/A
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18. Period during which or date on which it can be exercised
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N/A
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19. Total amount paid (if any) for grant of the option
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N/A
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20. Description of shares or debentures involved (class and number)
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N/A
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21. Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise
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N/A
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22. Total number of shares or debentures over which options held following notification
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N/A
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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
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Daragh Fagan, Company Secretary - +44 (0)1276 607444
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25. Name of authorised official of issuer responsible for making notification and date of notification
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Daragh Fagan, General Counsel and Company Secretary
28 June 2016
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