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Pin to quick picksRentokil Initial Regulatory News (RTO)

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453.60    3.80 (0.84%)
Bid:
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Spread: 0.30 (0.066%)
Market Cap: £11.41b
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France - Regulatory Inquiry

3 Nov 2006 08:00

Rentokil Initial PLC03 November 2006 Rentokil Initial plc 3 November 2006 France Regulatory Inquiry Initial BTB SA, a Rentokil Initial subsidiary operating in the washroom servicesand linen and garment rental market in France, has recently received a Statementof Objections from the French Competition Council (Conseil de la Concurrence)alleging that certain of the company's activities in a period between 1997 and2002 have infringed French competition laws. Rentokil Initial's policy has been and remains to conduct its business in fullcompliance with all applicable competition laws. BTB intends to continue toco-operate in all respects with the Council's inquiries. The next step is forBTB to study the Statement of Objections and accompanying documents beforeproviding a written response to the Council. Before reaching any conclusion on the case, the Council's investigation willinvolve a number of additional procedural stages and therefore it is unlikelythat the Council will reach any decision before sometime in 2007 at theearliest. Until then, Rentokil Initial cannot comment further on this matter. - Ends - Notes to Editors Rentokil Initial is one of the largest business services companies in the world,operating in all the major economies of Europe, North America, Asia Pacific andAfrica. The company has some 70,000 employees providing a range of supportservices in over 40 countries where the 'Rentokil' and 'Initial' brands havecome to represent innovation, deep expertise and consistent quality of service.Services include textiles and washroom services, pest control, tropical plants,electronic security, parcels delivery and facilities services. For further information, please contact: Rentokil Initial plc, Tel. +44 (0) 20 7866 3000Malcolm Padley, Corporate CommunicationsLisa Williams, Investor Relations Brunswick Group LLP, Tel. +44 (0) 20 7404 5959Kate Holgate and Jon Rhodes This information is provided by RNS The company news service from the London Stock Exchange
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