Director's Dealing • Aug 29, 2018
Director's Dealing
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National Storage Mechanism | Additional information
RNS Number : 0590Z
Rentokil Initial PLC
28 August 2018
Rentokil Initial plc (the Company)
The Company hereby announces that the award granted under the Rentokil Initial plc Performance Share Plans (PSP) in 2012 and 2013 to Paul Cochrane (a person discharging managerial responsibility) has today been exercised with 176,008 of these shares subsequently being sold at a share price of 339.4p.
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
Regional 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 award made under the 2012 and 2013 Performance Share Plan (PSP)
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| Nil consideration | 176,008 |
d)
Aggregated information
- Aggregated volume
- Price
176,008 shares
-
e)
Date of the transaction
28 August 2018
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
Regional 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 following the exercise of awards made under the 2012 and 2013 Performance Share Plans (PSP).
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| 339.4p | 176,008 |
d)
Aggregated information
- Aggregated volume
- Price
176,008 shares
£597,371.15
e)
Date of the transaction
28 August 2018
f)
Place of the transaction
London Stock Exchange (XLON)
Enquiries:
Daragh Fagan, 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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