Rentokil Initial Regulatory News (RTO)

21 Oct 2005 13:33

Rentokil Initial PLC21 October 2005 21 October 2005 RENTOKIL INITIAL PLC Response to Raphoe Rentokil Initial plc ("Rentokil") notes the announcement by Raphoe ManagementLimited ("Raphoe") that it has ceased discussions with Rentokil shareholders.The Board welcomes the end to the distraction of recent weeks and is pleasedthat management can now focus its full attention on improving Rentokil'sperformance. Doug Flynn, Chief Executive of Rentokil, said: "I am pleased that we can now continue undistracted with the challenge ofreturning Rentokil to where it should be. We have a lot of work to do - but ourrecovery plan is absolutely on track and we are clear on what we need to do torestore Rentokil Initial to profitable growth." Enquiries:John Sunnucks, Gill Ackers; Brunswick Group LLP 020 7404 5959 This information is provided by RNS The company news service from the London Stock Exchange