Rentokil Initial PLC Director/PDMR Shareholding
March 14 2024 - 5:19AM
RNS Regulatory News
RNS Number : 8731G
Rentokil Initial PLC
14 March 2024
Rentokil Initial plc (the
"Company")
14 March 2024
Notification of transactions
by persons discharging managerial responsibilities
(PDMRs)
Rentokil Initial plc (the "Company")
hereby announces that Andy Ransom, Chief Executive, has exercised
his award of 986,515 ordinary shares granted under the Company
Performance Share Plan (PSP) in March 2014.
The award, which vested in March
2017, would lapse this month if it remained unexercised. 464,245 of
these shares have been sold to cover the tax and national insurance
liability on the award at a share price of 489.07p per share, with
the balance being retained.
The relevant notification set out
below is provided in accordance with the requirements of Article 19
of the UK Market Abuse Regulation.
|
1
|
Details of the person discharging managerial responsibilities
/ person closely associated
|
|
a)
|
Name
|
Andy Ransom
|
|
2
|
Reason for the notification
|
|
a)
|
Position/status
|
Chief Executive
|
|
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 2014
Performance Share Plan (PSP)
|
|
c)
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
Nil consideration
|
986,515
|
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
986,515 shares
-
|
|
e)
|
Date of the transaction
|
13 March 2024
|
|
f)
|
Place of the transaction
|
Outside a trading venue
|
|
1
|
Details of the person discharging managerial responsibilities
/ person closely associated
|
|
a)
|
Name
|
Andy Ransom
|
|
2
|
Reason for the notification
|
|
a)
|
Position/status
|
Chief Executive
|
|
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
|
|
c)
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
489.07p
|
464,245
|
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
464,245
£2,270,483.02
|
|
e)
|
Date of the transaction
|
13 March 2024
|
|
f)
|
Place of the transaction
|
London Stock Exchange
(XLON)
|
Enquiries:
|
Catherine Stead, Company
Secretary
|
Rentokil Initial plc
|
+44 (0)7826 533700
|
|
Malcolm Padley, Communications
Director
|
Rentokil Initial plc
|
+44 (0)7788 978199
|
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