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Pin to quick picksRentokil Initial Regulatory News (RTO)

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Market Cap: £11.41b
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Director/PDMR Shareholding

31 Mar 2021 16:00

RNS Number : 1786U
Rentokil Initial PLC
31 March 2021
Β 

Rentokil Initial plc

31 March 2021

Β 

Notification of transactions by persons discharging managerial responsibilities and persons closely associated with them

Β 

Rentokil Initial plc (the "Company") hereby announces that the award granted under the Rentokil Initial plc Performance Share Plan in March 2018 (the "2018 PSP) for Stuart Ingall-Tombs, Chief Financial Officer (a person discharging managerial responsibility) of 46,583 shares has been released with 18,919 of these shares subsequently being sold at a share price of Β£4.850278 to cover his tax and social security liability.

The Company further announces that the award granted under the 2018 PSP for John Myers (a person discharging managerial responsibility) of 225,110 shares has been released with 83,474 of these shares subsequently being sold at a share price of Β£4.850278 to cover his tax and social security liability.

The relevant notifications set out below are provided in accordance with the requirements of Article 19 of the UK Market Abuse Regulation.

1

Β 

Details of the person discharging managerial responsibilities / person closely associated

Β 

a)

Β 

Name

Β 

Stuart Ingall-Tombs

2

Β 

Reason for the notification

Β 

a)

Β 

Position/status

Β 

Chief Financial Officer

b)

Β 

Initial notification /Amendment

Β 

Initial notification

3

Β 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

Β 

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

Β 

a)

Β 

Description of the financial instrument, type of instrument

Β 

Identification code

Β 

Ordinary shares of 1p each

Β 

Β 

ISIN: GB00B082RF11

Β 

b)

Β 

Nature of the transaction

Β 

Β 

Release of awards made under the 2018 Performance Share Plan (PSP)

c)

Β 

Price(s) and volume(s)

Β 

Β 

Β 

Price(s)

Β 

Volume(s)

Β 

Nil consideration

Β 

46,583

d)

Β 

Aggregated information

Β 

- Aggregated volume

Β 

- Price

Β 

Β 

Β 

46,583 shares

Β 

-

Β 

e)

Β 

Date of the transaction

Β 

30 March 2021

f)

Β 

Place of the transaction

Β 

Outside a trading venue

Β 

1

Β 

Details of the person discharging managerial responsibilities / person closely associated

Β 

a)

Β 

Name

Β 

Stuart Ingall-Tombs

2

Β 

Reason for the notification

Β 

a)

Β 

Position/status

Β 

Chief Financial Officer

b)

Β 

Initial notification /Amendment

Β 

Initial notification

3

Β 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

Β 

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

Β 

a)

Β 

Description of the financial instrument, type of instrument

Β 

Identification code

Β 

Ordinary shares of 1p each

Β 

Β 

ISIN: GB00B082RF11

Β 

b)

Β 

Nature of the transaction

Β 

Β 

Sale of shares to cover the tax and social security liability arising following the release of an award made under the 2018 Performance Share Plan (PSP).

Β 

c)

Β 

Price(s) and volume(s)

Β 

Β 

Β 

Price(s)

Β 

Volume(s)

Β 

Β£4.850278

Β 

18,919

d)

Β 

Aggregated information

Β 

- Aggregated volume

Β 

- Aggregated price

Β 

- Total

Β 

Β 

Β 

18,919 shares

Β 

Β£4.850278

Β 

Β£91,762.41

e)

Β 

Date of the transaction

Β 

30 March 2021

f)

Β 

Place of the transaction

Β 

London Stock Exchange (XLON)

Β 

1

Β 

Details of the person discharging managerial responsibilities / person closely associated

Β 

a)

Β 

Name

Β 

John Myers

2

Β 

Reason for the notification

Β 

a)

Β 

Position/status

Β 

President & CEO, Rentokil North America

b)

Β 

Initial notification /Amendment

Β 

Initial notification

3

Β 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

Β 

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

Β 

a)

Β 

Description of the financial instrument, type of instrument

Β 

Identification code

Β 

Ordinary shares of 1p each

Β 

Β 

ISIN: GB00B082RF11

Β 

b)

Β 

Nature of the transaction

Β 

Β 

Release of awards made under the 2018 Performance Share Plan (PSP)

c)

Β 

Price(s) and volume(s)

Β 

Β 

Β 

Price(s)

Β 

Volume(s)

Β 

Nil consideration

Β 

225,110

d)

Β 

Aggregated information

Β 

- Aggregated volume

Β 

- Price

Β 

Β 

Β 

225,110 shares

Β 

-

Β 

e)

Β 

Date of the transaction

Β 

30 March 2021

f)

Β 

Place of the transaction

Β 

Outside a trading venue

Β 

1

Β 

Details of the person discharging managerial responsibilities / person closely associated

Β 

a)

Β 

Name

Β 

John Myers

2

Β 

Reason for the notification

Β 

a)

Β 

Position/status

Β 

President & CEO, Rentokil North America

b)

Β 

Initial notification /Amendment

Β 

Initial notification

3

Β 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

Β 

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

Β 

a)

Β 

Description of the financial instrument, type of instrument

Β 

Identification code

Β 

Ordinary shares of 1p each

Β 

Β 

ISIN: GB00B082RF11

Β 

b)

Β 

Nature of the transaction

Β 

Β 

Sale of shares to cover the tax and social security liability arising following the release of an award made under the 2018 Performance Share Plan (PSP).

Β 

c)

Β 

Price(s) and volume(s)

Β 

Β 

Β 

Price(s)

Β 

Volume(s)

Β 

Β£4.850278

Β 

83,474

d)

Β 

Aggregated information

Β 

- Aggregated volume

Β 

- Aggregated price

Β 

- Total

Β 

Β 

Β 

83,474 shares

Β 

Β£4.850278

Β 

Β£404,872.11

e)

Β 

Date of the transaction

Β 

30 March 2021

f)

Β 

Place of the transaction

Β 

London Stock Exchange (XLON)

Β 

Enquiries:

Β 

Daragh Fagan, Company Secretary Rentokil Initial plc 01276 607444

Β 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
Β 
END
Β 
Β 
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