Remuneration Information • Apr 25, 2017
Remuneration Information
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National Storage Mechanism | Additional information
RNS Number : 3243D
Rentokil Initial PLC
25 April 2017
Rentokil Initial plc (the Company)
The Company hereby announces that awards granted under the Rentokil Initial plc Performance Share Plan (PSP) in April 2013 and March 2014 to persons discharging managerial responsibility (PDMRs) have today been exercised as detailed below.
| Name | Share award | Number of shares exercised on 25 April 2017 | Shares sold to cover tax and social security at a share price of 245.0873p | Shares retained by the individual | Shares transferred to a person closely associated |
| Daragh Fagan | 2013 PSP | 964 | 418 | 546 | - |
| Daragh Fagan | 2014 PSP | 117,226 | 49,408 | 67,818 | - |
| Alain Moffroid | 2013 PSP | 195,532 | - | - | 195,532 |
| Alain Moffroid | 2014 PSP | 145,645 | - | - | 145,645 |
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
Daragh Fagan
2
Reason for the notification
a)
Position/status
Group General Counsel & Company Secretary
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 2013 and 2014 Performance Share Plan (PSP)
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| Nil consideration | 118,190 |
d)
Aggregated information
- Aggregated volume
- Price
118,190 shares
-
e)
Date of the transaction
25 April 2017
f)
Place of the transaction
Outside a trading venue
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Daragh Fagan
2
Reason for the notification
a)
Position/status
Group General Counsel & Company Secretary
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 national insurance liability arising following the exercise of awards made under the 2013 and 2014 Performance Share Plan (PSP).
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| 245.0873p | 49,826 |
d)
Aggregated information
- Aggregated volume
- Price
49,826 shares
£122,117.20
e)
Date of the transaction
25 April 2017
f)
Place of the transaction
London Stock Exchange (XLON)
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Alain Moffroid and Anne Moffroid
2
Reason for the notification
a)
Position/status
Alain Moffroid - Managing Director, Pacific (PDMR)
Anne Moffroid - Spouse of 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 awards made under the 2013 and 2014 Performance Share Plan (PSP) and transfer of awards to spouse.
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| Nil consideration | 341,177 |
d)
Aggregated information
- Aggregated volume
- Price
341,177 shares
-
e)
Date of the transaction
25 April 2017
f)
Place of the transaction
Outside a trading venue
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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