Rentokil Initial PLC Director/PDMR Shareholding (9600V)
April 11 2019 - 10:37AM
UK Regulatory
TIDMRTO
RNS Number : 9600V
Rentokil Initial PLC
11 April 2019
Rentokil Initial plc (the Company)
The Company hereby announces that the awards granted under the
Rentokil Initial plc Performance Share Plan (PSP) in March 2015 and
March 2016 to Jürgen Höfling (a person discharging managerial
responsibility) have been exercised with 150,510 shares
subsequently being sold at a share price of 363.8606p to cover his
tax 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 Jürgen Höfling
---------------------------- -------------------------------------
2 Reason for the notification
-------------------------------------------------------------------
a) Position/status Managing Director, Europe
---------------------------- -------------------------------------
b) Initial notification Initial notification
/Amendment
---------------------------- -------------------------------------
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 Ordinary shares of 1p each
financial instrument,
type of instrument
ISIN: GB00B082RF11
Identification code
---------------------------- -------------------------------------
b) Nature of the transaction Exercise of awards made under the
Company's Performance Share Plan
(PSP).
---------------------------- -------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
Nil consideration 300,086
----------
---------------------------- -------------------------------------
d) Aggregated information
- Aggregated volume 300,086 shares
- Price -
---------------------------- -------------------------------------
e) Date of the transaction 11 April 2019
---------------------------- -------------------------------------
f) Place of the transaction Outside a trading venue
---------------------------- -------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Jürgen Höfling
-------------------------- ---------------------------------------------
2 Reason for the notification
-------------------------------------------------------------------------
a) Position/status Managing Director, Europe
-------------------------- ---------------------------------------------
b) Initial notification Initial notification
/Amendment
-------------------------- ---------------------------------------------
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 Ordinary shares of 1p each
financial instrument,
type of instrument
ISIN: GB00B082RF11
Identification code
-------------------------- ---------------------------------------------
b) Nature of the transaction Sale of shares to cover the tax liability
arising following the exercise of
awards made under the Company's Performance
Share Plan (PSP).
-------------------------- ---------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
GBP3.638606 150,510
----------
-------------------------- ---------------------------------------------
d) Aggregated information
- Aggregated volume 150,510 shares
- Price GBP547,646.59
-------------------------- ---------------------------------------------
e) Date of the transaction 11 April 2019
-------------------------- ---------------------------------------------
f) Place of the transaction London Stock Exchange (XLON)
-------------------------- ---------------------------------------------
Enquiries:
Catherine Stead, Assistant Company Secretary Rentokil Initial plc 01276 607444
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
DSHBUGDSUXBBGCB
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