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Last checked at 
25 Apr 2017 17:58
Rentokil Initial plc (the Company)
The Company hereby announces that awards granted under the Rentokil Initial plc Performance Share Plan (PSP) in April 2013 and March 2014 to persons discharging managerial responsibility (PDMRs) have today been exercised as detailed below.
Name | Share award | Number of shares exercised on 25 April 2017 | Shares sold to cover tax and social security at a share price of 245.0873p | Shares retained by the individual | Shares transferred to a person closely associated |
Daragh Fagan | 2013 PSP | 964 | 418 | 546 | - |
Daragh Fagan | 2014 PSP | 117,226 | 49,408 | 67,818 | - |
Alain Moffroid | 2013 PSP | 195,532 | - | - | 195,532 |
Alain Moffroid | 2014 PSP | 145,645 | - | - | 145,645 |
The relevant notifications set out below are provided in accordance with the requirements of Article 19 of the EU Market Abuse Regulation.
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| Daragh Fagan | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| Group General Counsel & Company Secretary | ||||
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 awards made under the 2013 and 2014 Performance Share Plan (PSP) | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
118,190 shares
-
| ||||
e)
| Date of the transaction
| 25 April 2017 | ||||
f)
| Place of the transaction
| Outside a trading venue | ||||
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| Daragh Fagan | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| Group General Counsel & Company Secretary | ||||
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
| Sale of shares to cover the tax and national insurance liability arising following the exercise of awards made under the 2013 and 2014 Performance Share Plan (PSP).
| ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
49,826 shares
£122,117.20
| ||||
e)
| Date of the transaction
| 25 April 2017 | ||||
f)
| Place of the transaction
| London Stock Exchange (XLON) | ||||
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| Alain Moffroid and Anne Moffroid | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| Alain Moffroid - Managing Director, Pacific (PDMR) Anne Moffroid - Spouse of PDMR | ||||
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 awards made under the 2013 and 2014 Performance Share Plan (PSP) and transfer of awards to spouse.
| ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
341,177 shares
-
| ||||
e)
| Date of the transaction
| 25 April 2017 | ||||
f)
| Place of the transaction
| Outside a trading venue | ||||
Enquiries:
Catherine Stead, Assistant Company Secretary Rentokil Initial plc 01276 607444
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