Remuneration Information • Dec 19, 2019
Remuneration Information
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National Storage Mechanism | Additional information
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 /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 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
- Price
117,892 shares
-
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 /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) |
| 451.6413p | 117,892 |
d)
Aggregated information
- Aggregated volume
- Aggregated price
- Total
117,892 shares
451.6413p
£532,448.96
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 [email protected] or visit www.rns.com.
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