2 Apr 2020 13:36
Rentokil Initial plc
2 April 2020
Notification of transactions by persons discharging managerial responsibilities and persons closely associated with them
Rentokil Initial plc (the "Company") hereby announces that the award granted under the Rentokil Initial plc Performance Share Plan (PSP) in March 2017 for John Myers (a person discharging managerial responsibility) of 153,277 shares has been released with 56,848 of these shares subsequently being sold at a share price of £3.6216 to cover his tax and social security liability.
The Company further announces that Chris Hunt (a person discharging managerial responsibility) has today purchased 2,708 ordinary shares in the Company at a price of £3.67 per share.
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
| John Myers | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| Managing Director, North America | ||||
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
| Release of awards made under the 2017 Performance Share Plan (PSP) | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
153,277 shares
-
| ||||
e)
| Date of the transaction
| 31 March 2020 | ||||
f)
| Place of the transaction
| Outside a trading venue | ||||
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| John Myers | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| Managing Director, North America | ||||
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 social security liability arising following the release of an award made under the 2017 Performance Share Plan (PSP).
| ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Aggregated price
- Total
|
56,848 shares
£3.6216
£205,880.72 | ||||
e)
| Date of the transaction
| 1 April 2020 | ||||
f)
| Place of the transaction
| London Stock Exchange (XLON) | ||||
1
| Details of the person discharging managerial responsibilities / person closely associated | |||||
a)
| Name
| Chris Hunt
| ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| Group M&A Director (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
| Purchase of shares | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Aggregated price
- Total
|
2,708
£3.67
£9,938.36 | ||||
e)
| Date of the transaction
| 2 April 2020 | ||||
f)
| Place of the transaction
| London Stock Exchange (XLON) | ||||
Enquiries:
Daragh Fagan, Company Secretary Rentokil Initial plc 01276 607444
Rentokil Initial (RTO)