Rentokil Initial PLC

Remuneration Information • Aug 4, 2017

National Storage Mechanism | Additional information

You don't have Javascript enabled. For full functionality this page requires javascript to be enabled.

RNS Number : 1716N

Rentokil Initial PLC

04 August 2017

Rentokil Initial plc (the Company)

The Company hereby announces that Jeremy Townsend (a person discharging managerial responsibility) has exercised his award of 464,655 shares granted under the Rentokil Initial plc Performance Share Plan (PSP) in March 2014, with 219,156 of these shares being sold at a share price of 290.9529p to cover his tax and national insurance liability. The balance of 245,499 shares have been transferred to his spouse.

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

Jeremy Townsend and Deepti Townsend

2

Reason for the notification

a)

Position/status

Jeremy Townsend - Chief Financial Officer and Chief Information Officer (PDMR)

Deepti Townsend - 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 award made under the 2014 Performance Share Plan (PSP) and transfer of award, less the number of shares sold to settle tax and national insurance liabilities, to spouse.

c)

Price(s) and volume(s)

Price(s)	Volume(s)
Nil consideration	464,655

d)

Aggregated information

- Aggregated volume

- Price

464,655 shares

-

e)

Date of the transaction

3 August 2017

f)

Place of the transaction

Outside a trading venue

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Jeremy Townsend

2

Reason for the notification

a)

Position/status

Chief Financial Officer and Chief Information 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 national insurance liability arising following the exercise of an award made under the 2014 Performance Share Plan (PSP).

c)

Price(s) and volume(s)

Price(s)	Volume(s)
290.9529p	219,156

d)

Aggregated information

- Aggregated volume

- Price

219,156

£637,640.74

e)

Date of the transaction

3 August 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

DSHBGGDIRUGBGRS