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Rentokil Initial PLC

Director's Dealing Apr 26, 2017

5305_dirs_2017-04-26_6063d5e5-3229-4942-9f24-a3e52cc6ee0f.html

Director's Dealing

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National Storage Mechanism | Additional information

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RNS Number : 4537D

Rentokil Initial PLC

26 April 2017

Rentokil Initial plc (the Company)

The Company hereby announces that John Myers (a person discharging managerial responsibility) has exercised his award of 163,329 shares granted under the Rentokil Initial plc Performance Share Plan (PSP) in March 2014, with 72,865 of these shares being sold at a share price of 249.7188p to cover his tax and social security 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

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

Exercise of awards made under the 2014 Performance Share Plan (PSP)

c)

Price(s) and volume(s)

Price(s) Volume(s)
Nil consideration 163,329

d)

Aggregated information

- Aggregated volume

- Price

163,329 shares

-

e)

Date of the transaction

31 March 2017

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 exercise of awards made under the 2014 Performance Share Plan (PSP).

c)

Price(s) and volume(s)

Price(s) Volume(s)
249.7188p 72,865

d)

Aggregated information

- Aggregated volume

- Price

72,865 shares

£181,957.60

e)

Date of the transaction

6 April 2017

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 company news service from the London Stock Exchange

END

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