TIDMRTO

RNS Number : 5341X

Rentokil Initial PLC

19 December 2019

Rentokil Initial plc (the Company)

The Company hereby announces that the award granted under the Rentokil Initial plc Performance Share Plan (PSP) in March 2014 to Paul Cochrane (a person discharging managerial responsibility) was exercised on 19 December 2019 with 117,892 shares subsequently being sold at a share price of 451.6413p.

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                          Paul Cochrane 
     ----------------------------  ------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------- 
 a)   Position/status               Managing Director, Asia (PDMR) 
     ----------------------------  ------------------------------------- 
 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     117,892 
                                                            ---------- 
     ----------------------------  ------------------------------------- 
 d)   Aggregated information 
 
 
       - Aggregated volume            117,892 shares 
 
 
       - Price                        - 
     ----------------------------  ------------------------------------- 
 e)   Date of the transaction       19 December 2019 
     ----------------------------  ------------------------------------- 
 f)   Place of the transaction      Outside a trading venue 
     ----------------------------  ------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                            Paul Cochrane 
     ------------------------------  ----------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------- 
 a)   Position/status                 Managing Director, Asia (PDMR) 
     ------------------------------  ----------------------------------- 
 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. 
     ------------------------------  ----------------------------------- 
 c)   Price(s) and volume(s)            Price(s)     Volume(s) 
 
                                          451.6413p    117,892 
                                                     ---------- 
     ------------------------------  ----------------------------------- 
 d)   Aggregated information 
 
 
       - Aggregated volume              117,892 shares 
 
       - Aggregated price               451.6413p 
 
       - Total                          GBP532,448.96 
     ------------------------------  ----------------------------------- 
 e)   Date of the transaction         19 December 2019 
     ------------------------------  ----------------------------------- 
 f)   Place of the transaction        London Stock Exchange (XLON) 
     ------------------------------  ----------------------------------- 
 

Enquiries:

   Catherine Stead, Deputy 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

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December 19, 2019 09:40 ET (14:40 GMT)

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