13 Dec 2024 09:30
Rentokil Initial plc (the "Company")
13 December 2024
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Notification of a transaction by a Person Closely Associated ('PCA') with a Person Discharging Managerial Responsibility ('PDMR')
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The Company hereby announces that Trian Fund Management, L.P., a PCA of Brian Baldwin (a Non-Executive Director of the Company), has purchased 7,500,000 ordinary shares in the Company at a price of 413.4137 pence per share on 11 December 2024.
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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 | Trian Fund Management, L.P. | ||||
2 Β | Reason for the notification Β | |||||
a) Β | Position/status Β | Person Closely Associated with a Person Discharging Managerial Responsibilities (Brian Baldwin, Non-Executive Director) | ||||
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 | Purchase of shares by certain funds managed by Trian Fund Management, L.P. | ||||
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 7,500,000 Β Β£31,006,028 | ||||
e) Β | Date of the transaction Β | 2024-12-11 | ||||
f) Β | Place of the transaction Β | London Stock Exchange (XLON) | ||||
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Enquiries:
Rachel Canham, Group General Counsel & Company Secretary
Tel: +44 (0)1293 858000
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