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Rentokil Initial PLC
Remuneration Information • Mar 25, 2022
5305_dirs_2022-03-25_61233e57-586d-4628-80ea-617258f84d34.html
Remuneration Information
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National Storage Mechanism | Additional information 
RNS Number : 1272G
Rentokil Initial PLC
25 March 2022
Rentokil Initial plc (the Company)
The Company hereby announces that the awards granted under the Rentokil Initial plc Performance Share Plan (PSP) in 2015, 2016, 2017 and 2018 to Paul Cochrane (a person discharging managerial responsibility) have been exercised with 366,020 shares subsequently sold on 25 March 2022 at a share price of 531.19p. Paul is retiring as Managing Director, Asia at Rentokil Initial at the end of March.
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 | 366,020 |
d)
Aggregated information
- Aggregated volume
- Price
366,020 shares
-
e)
Date of the transaction
25 March 2022
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) |
| £5.3119 | 366,020 |
d)
Aggregated information
- Aggregated volume
- Aggregated price
- Total
366,020 shares
£5.3119
£1,944,261.64
e)
Date of the transaction
25 March 2022
f)
Place of the transaction
London Stock Exchange (XLON)
Enquiries:
Catherine Stead, Deputy Company Secretary Rentokil Initial plc 01293 858000
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