21 Apr 2023 14:41
CONTAINS INSIDE INFORMATION AND THE PERSON RESPONSIBLE FOR MAKING THIS ANNOUNCEMENT IS RACHEL CANHAM, GROUP GENERAL COUNSEL, RENTOKIL INITIAL PLC.
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Rentokil Initial plc (the "Company")
21 April 2023
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Notification of transactions by persons discharging managerial responsibilities (PDMRs)
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The Company announces that Andy Ransom, Chief Executive, has sold 1,025,000 ordinary shares in the Company which, after payment of tax, will be used to fund a property purchase.
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Andy has not previously sold any of his shareholding in the Company in the 15 years since becoming a Director of the Company (save to pay income tax and National Insurance on vesting performance shares) and following this transaction, he retains a beneficial holding of over 6 million ordinary shares held directly or under his vested but unexercised Performance Share Plan and Deferred Bonus Plan awards (including those subject to a holding period).Β
The relevant notification set out below is provided in accordance with the requirements of Article 19 of the UK Market Abuse Regulation.
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1 Β | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) Β | Name Β | Andy Ransom Β | ||||
2 Β | Reason for the notification Β | |||||
a) Β | Position/status Β | Chief Executive | ||||
b) Β | Initial notification /Amendment Β | Initial notification | ||||
3 Β | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) Β | Name Β | Rentokil Initial plc | ||||
b) Β | LEI Β | 549300VN4WV7Z6T14K68 | ||||
4 Β | 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) Β | Description of the financial instrument, type of instrument Β Identification code Β | Ordinary shares of 1p each Β Β ISIN: GB00B082RF11 | ||||
b) Β | Nature of the transaction Β | Sale of shares | ||||
c) Β | Price(s) and volume(s) Β Β | Β
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d) Β | Aggregated information Β - Aggregated volume Β - Total price Β | Β Β 1,025,000 Β Β£6,344,580.88 | ||||
e) Β | Date of the transaction Β | 21 April 2023 | ||||
f) Β | Place of the transaction Β | London Stock Exchange (XLON) | ||||
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Enquiries:
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Peter Russell, Head of Investor Relations | Rentokil Initial plc | +44 (0)7795 166506 |
Malcolm Padley, Communications Director | Rentokil Initial plc | +44 (0)7788 978199 |
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