30 Apr 2018 17:48
Rentokil Initial plc (the Company)
The Company hereby announces that the award granted under the Rentokil Initial plc Performance Share Plan (PSP) in March 2015 to Daragh Fagan (a person discharging managerial responsibility) has today been exercised with 55,268 of these shares subsequently being sold at a share price of 308.0p to cover his tax and national insurance liability.
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 award made under the 2015 Performance Share Plan (PSP) | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
117,170 shares
-
| ||||
e)
| Date of the transaction
| 30 April 2018 | ||||
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 award made under the 2015 Performance Share Plan (PSP).
| ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
55,268 shares
£170,225.44
| ||||
e)
| Date of the transaction
| 30 April 2018 | ||||
f)
| Place of the transaction
| London Stock Exchange (XLON) | ||||
Enquiries:
Catherine Stead, Assistant Company Secretary Rentokil Initial plc 01276 607444
Rentokil Initial (RTO)