Rentokil Initial Regulatory News (RTO)

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) above

3. Name of person discharging managerial responsibilities/director

i) Paul Cochrane (PDMR)

ii) Vanessa Evans (PDMR)

iii) Jürgen Hӧfling (PDMR)

iv) John Myers (PDMR)

v) Alain Moffroid (PDMR)

vi) Stewart Power (PDMR)

vii) Phill Wood (PDMR)

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

Awards under the Performance Share Plan - 2016 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

Not applicable

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

17. Date of grant

11 March 2016 - Performance Share Plan award 2016

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

12 March 2019 to 10 March 2026 (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

Notes

1Two-thirds of the award relate to relative TSR performance targets and one-third to EPS performance targets.

The awards to Andy Ransom and Jeremy Townsend for 2016 were not made until after the 2016 AGM, at which resolutions to revise the Remuneration Policy and to adopt updated Performance Share Plan Rules were submitted for shareholder approval.

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

Notes

1 Unexercised but vested Performance share plan awards

2 Award on appointment under the Performance share plan 2015

3 Unexercised but vested compensatory share award on appointment under the Performance share plan 2012

23. Any additional information

This notification replaces the one dated 14 March 2016, which contained incorrect figures for the Performance share plan 2016 grant. The 2016 grant itself was made on 11 March 2016 on the correct basis, reflecting the amounts now shown correctly above, indicated with an asterisk.

24. Name of contact and telephone number for queries

Piotr Lasota, Company Secretarial Assistant - +44 (0)1276 607444

25. Name of authorised official of issuer responsible for making notification and date of notification

Daragh Fagan, Company Secretary - 17 May 2016