Director/PDMR Shareholding

RNS Number : 3243D
Rentokil Initial PLC
25 April 2017
 

Rentokil Initial plc (the Company)

The Company hereby announces that awards granted under the Rentokil Initial plc Performance Share Plan (PSP) in April 2013 and March 2014 to persons discharging managerial responsibility (PDMRs) have today been exercised as detailed below.

Name

Share award

Number of shares exercised on 25 April 2017

Shares sold to cover tax and social security at a share price of 245.0873p

Shares retained by the individual

Shares transferred to a person closely associated

Daragh Fagan

2013 PSP

964

418

546

-

Daragh Fagan

2014 PSP

117,226

49,408

67,818

-

Alain Moffroid

2013 PSP

195,532

-

-

195,532

Alain Moffroid

2014 PSP

145,645

-

-

145,645

 

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 awards made under the 2013 and 2014 Performance Share Plan (PSP)

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

 

Nil consideration

 

118,190

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

 

 

118,190 shares

 

 

-

 

e)

 

Date of the transaction

 

 

25 April 2017

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 awards made under the 2013 and 2014 Performance Share Plan (PSP).

 

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

 

245.0873p

 

49,826

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

 

 

49,826 shares

 

 

£122,117.20

 

e)

 

Date of the transaction

 

 

25 April 2017

f)

 

Place of the transaction

 

 

London Stock Exchange (XLON)

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

Alain Moffroid and Anne Moffroid

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Alain Moffroid - Managing Director, Pacific  (PDMR)

Anne Moffroid - 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 awards made under the 2013 and 2014 Performance Share Plan (PSP) and transfer of awards to spouse.

 

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

 

Nil consideration

 

341,177

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

 

 

341,177 shares

 

 

-

 

e)

 

Date of the transaction

 

 

25 April 2017

f)

 

Place of the transaction

 

 

Outside a trading venue

 

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
 
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