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Rentokil Initial PLC - Director/PDMR Shareholding

RNS Number : 2324N
Rentokil Initial PLC
04 May 2018
 

Rentokil Initial plc (the Company)

The Company hereby announces that the award granted under the Rentokil Initial plc Performance Share Plan (PSP) in June 2008 to Paul Cochrane (a person discharging managerial responsibility) has today been exercised with 9,432 shares subsequently being sold at a share price of 317.1p.

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

 

Regional 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 2008 Performance Share Plan (PSP).

 

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

 

Nil consideration

 

9,432

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

 

 

9,432 shares

 

 

-

 

e)

 

Date of the transaction

 

 

4 May 2018

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

 

 

Regional 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)

 

317.1p

 

9,432

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

 

 

9,432 shares

 

 

£29,908.87

 

e)

 

Date of the transaction

 

 

4 May 2018

f)

 

Place of the transaction

 

 

London Stock Exchange (XLON)

 

 

Enquiries:

 

Daragh Fagan, Group General Counsel & Company Secretary     Rentokil Initial plc      01276 607444

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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