Remuneration Information • Apr 30, 2018
Remuneration Information
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National Storage Mechanism | Additional information
RNS Number : 6515M
Rentokil Initial PLC
30 April 2018
Rentokil Initial plc (the Company)
The Company hereby announces that the award granted under the Rentokil Initial plc Performance Share Plan (PSP) in March 2015 to Daragh Fagan (a person discharging managerial responsibility) has today been exercised with 55,268 of these shares subsequently being sold at a share price of 308.0p to cover his tax and national insurance 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
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 award made under the 2015 Performance Share Plan (PSP)
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| Nil consideration | 117,170 |
d)
Aggregated information
- Aggregated volume
- Price
117,170 shares
-
e)
Date of the transaction
30 April 2018
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 award made under the 2015 Performance Share Plan (PSP).
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| 308.0p | 55,268 |
d)
Aggregated information
- Aggregated volume
- Price
55,268 shares
£170,225.44
e)
Date of the transaction
30 April 2018
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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