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Rentokil Initial PLC

Director's Dealing Mar 31, 2021

5305_dirs_2021-03-31_78a68eaf-0c35-4618-a20c-3d636000828d.html

Director's Dealing

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National Storage Mechanism | Additional information

RNS Number : 1786U

Rentokil Initial PLC

31 March 2021

Rentokil Initial plc

31 March 2021

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 2018 (the "2018 PSP) for Stuart Ingall-Tombs, Chief Financial Officer (a person discharging managerial responsibility) of 46,583 shares has been released with 18,919 of these shares subsequently being sold at a share price of £4.850278 to cover his tax and social security liability.

The Company further announces that the award granted under the 2018 PSP for John Myers (a person discharging managerial responsibility) of 225,110 shares has been released with 83,474 of these shares subsequently being sold at a share price of £4.850278 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 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 2018 Performance Share Plan (PSP)

c)

Price(s) and volume(s)

Price(s) Volume(s)
Nil consideration 46,583

d)

Aggregated information

- Aggregated volume

- Price

46,583 shares

-

e)

Date of the transaction

30 March 2021

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 2018 Performance Share Plan (PSP).

c)

Price(s) and volume(s)

Price(s) Volume(s)
£4.850278 18,919

d)

Aggregated information

- Aggregated volume

- Aggregated price

- Total

18,919 shares

£4.850278

£91,762.41

e)

Date of the transaction

30 March 2021

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

President & CEO, Rentokil 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 2018 Performance Share Plan (PSP)

c)

Price(s) and volume(s)

Price(s) Volume(s)
Nil consideration 225,110

d)

Aggregated information

- Aggregated volume

- Price

225,110 shares

-

e)

Date of the transaction

30 March 2021

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

President & CEO, Rentokil 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 2018 Performance Share Plan (PSP).

c)

Price(s) and volume(s)

Price(s) Volume(s)
£4.850278 83,474

d)

Aggregated information

- Aggregated volume

- Aggregated price

- Total

83,474 shares

£4.850278

£404,872.11

e)

Date of the transaction

30 March 2021

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.

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

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