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27 Mar 2025 10:25
Notification of transaction by a Person Discharging Managerial Responsibilities
Rentokil Initial plc (the 'Company') hereby announces that Andy Ransom, Chief Executive, a Person Discharging Managerial Responsibility, has exercised his award of 964,464 ordinary shares of 1 pence each in the Company granted under the Company Performance Share Plan 2006 (PSP) in March 2015.
The award, which vested in March 2018, would lapse this month if it remained unexercised.
453,914 of these shares have been sold to cover the tax and national insurance liability arising from the exercise at a price of £3.5633 per share, and the balance of shares has been retained.
The notification set out below is provided in accordance with the requirements of Article 19 of the UK Market Abuse Regulation.
Rachel Canham
Group General Counsel & Company Secretary
+44 (0)1293 858 000
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| Andy Ransom | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| Chief Executive | ||||
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 options under the Performance Share Plan 2006 (883,906 nil-cost options, plus 80,558 shares in dividends equivalents).
| ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Total price
|
964,464
N/A | ||||
e)
| Date of the transaction
| 2025-03-26 | ||||
f)
| Place of the transaction
| London Stock Exchange (XLON) | ||||
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| Andy Ransom | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| Chief Executive | ||||
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
| Part sale of shares to cover tax and NIC | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Total price
|
453,914
£1,617,431.76 | ||||
e)
| Date of the transaction
| 2025-03-26 | ||||
f)
| Place of the transaction
| London Stock Exchange (XLON) | ||||
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