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Rentokil Initial PLC

Remuneration Information Dec 19, 2019

5305_dirs_2019-12-19_815a19fb-3bf4-40c9-b8b6-fc62f8e346e2.html

Remuneration Information

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National Storage Mechanism | Additional information

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RNS Number : 5341X

Rentokil Initial PLC

19 December 2019

Rentokil Initial plc (the Company)

The Company hereby announces that the award granted under the Rentokil Initial plc Performance Share Plan (PSP) in March 2014 to Paul Cochrane (a person discharging managerial responsibility) was exercised on 19 December 2019 with 117,892 shares subsequently being sold at a share price of 451.6413p.

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

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 awards made under the Company's Performance Share Plan (PSP).

c)

Price(s) and volume(s)

Price(s) Volume(s)
Nil consideration 117,892

d)

Aggregated information

- Aggregated volume

- Price

117,892 shares

-

e)

Date of the transaction

19 December 2019

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

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.

c)

Price(s) and volume(s)

Price(s) Volume(s)
451.6413p 117,892

d)

Aggregated information

- Aggregated volume

- Aggregated price

- Total

117,892 shares

451.6413p

£532,448.96

e)

Date of the transaction

19 December 2019

f)

Place of the transaction

London Stock Exchange (XLON)

Enquiries:

Catherine Stead, Deputy 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.

END

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