Director's Dealing • Apr 26, 2017
Director's Dealing
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National Storage Mechanism | Additional information
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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