AI Terminal
Rentokil Initial PLC
Director's Dealing • Mar 29, 2022
5305_dirs_2022-03-29_06b8c245-08c0-42e1-a4f0-a22544f6e7c9.html
Director's Dealing
Open in ViewerOpens in native device viewer
National Storage Mechanism | Additional information 
RNS Number : 4347G
Rentokil Initial PLC
29 March 2022
Rentokil Initial plc
29 March 2022
Notification of transactions by persons discharging managerial responsibilities and persons closely associated with them
Rentokil Initial plc (the "Company") hereby announces that the award granted under the Rentokil Initial plc Performance Share Plan in March 2019 (the "2019 PSP") for Stuart Ingall-Tombs, Chief Financial Officer (a person discharging managerial responsibility) of 44,609 shares has been automatically released with 18,967 of these shares subsequently being sold at a share price of £5.2401 to cover his tax and social security liability.
The Company further announces that the award granted under the 2019 PSP for John Myers, Managing Director, North America (a person discharging managerial responsibility) of 120,298 shares has been automatically released with 44,614 of these shares subsequently being sold at a share price of £5.2401 to cover his tax and social security liability.
Paul Cochrane (a person discharging managerial responsibility) has also exercised an award granted under the 2019 PSP with 75,557 shares subsequently sold at a share price of £5.25. Paul is retiring as Managing Director, Asia at Rentokil Initial at the end of March.
The relevant notifications set out below are 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
Stuart Ingall-Tombs
2
Reason for the notification
a)
Position/status
Chief Financial Officer
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
Release of awards made under the 2019 Performance Share Plan (PSP)
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| Nil consideration | 44,609 |
d)
Aggregated information
- Aggregated volume
- Price
44,609 shares
-
e)
Date of the transaction
25 March 2022
f)
Place of the transaction
Outside a trading venue
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Stuart Ingall-Tombs
2
Reason for the notification
a)
Position/status
Chief Financial Officer
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 social security liability arising following the release of an award made under the 2019 Performance Share Plan (PSP).
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| £5.2401 | 18,967 |
d)
Aggregated information
- Aggregated volume
- Aggregated price
- Total
18,967 shares
£5.2401
£99,388.98
e)
Date of the transaction
28 March 2022
f)
Place of the transaction
London Stock Exchange (XLON)
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
John Myers
2
Reason for the notification
a)
Position/status
Managing Director, North America
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
Release of awards made under the 2019 Performance Share Plan (PSP)
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| Nil consideration | 120,298 |
d)
Aggregated information
- Aggregated volume
- Price
120,298 shares
-
e)
Date of the transaction
25 March 2022
f)
Place of the transaction
Outside a trading venue
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
John Myers
2
Reason for the notification
a)
Position/status
Managing Director, North America
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 social security liability arising following the release of an award made under the 2019 Performance Share Plan (PSP).
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| £5.2401 | 44,614 |
d)
Aggregated information
- Aggregated volume
- Aggregated price
- Total
44,614 shares
£5.2401
£233,781.82
e)
Date of the transaction
28 March 2022
f)
Place of the transaction
London Stock Exchange (XLON)
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
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 2019 Performance Share Plan (PSP).
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| Nil consideration | 75,557 |
d)
Aggregated information
- Aggregated volume
- Price
75,557 shares
-
e)
Date of the transaction
29 March 2022
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
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) |
| £5.25 | 75,557 |
d)
Aggregated information
- Aggregated volume
- Aggregated price
- Total
75,557 shares
£5.25
£396,674.25
e)
Date of the transaction
29 March 2022
f)
Place of the transaction
London Stock Exchange (XLON)
Enquiries:
Catherine Stead, Deputy Company Secretary Rentokil Initial plc 01293 858000
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.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
END
DSHBXGDXCBDDGDC