Company: RKLIF
Filing Date: 2025-03-26
Form Type: 20-F
Source: 0001104659-25-027944
Chunk: 46

Company: RENTOKIL INITIAL PLC /FI
Filing Date: 2025-03-26
Form: 20-F
Item: Item 6
Chunk 46
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       26/03/2024   463.8              p   —                 366,429               —                     —                     —                     —                —                              366,429       26/03/2027 
Stuart Ingall-Tombs       03/09/2024   479.6              p   —                 42,848                —                     —                     —                     —                —                               42,848       03/09/2027 
(1)Shares held by Andy Ransom under the 2015, 2016, 2017, 2018, 2019, 2020, 2021 and 2022 PSP awards are vested but unexercised and total 4,269,768. Stuart Ingall-Tombs holds shares under the 2020, 2021 and 2022 PSP that are vested but unexercised and total 342,127.
(2)PSP awards are entitled to receive dividend equivalents in the form of shares based on dividend payments between the date of grant and vesting. These are included in the total shares at vest. The awards granted prior to 2021 are also entitled to receive dividend equivalents in the form of shares post vesting based on dividend payments between the date of vest and the date one month before exercise. These shares are applied at exercise.
(3)The 2021 PSP award partially vested at 48.7% and the 2022 PSP partially vested at 32.6%
(4)The DBP awards are subject to a three-year holding period, but are not subject to any performance or service conditions.
(5)Andy Ransom exercised his 2014 PSP awards on 13 March 2024. He exercised a total of 986,515 shares, with a share price on exercise of 489.07p, giving a total value on exercise of £4,824,479, which was a gain of £3,607,389 compared with the grant price value of these awards. He sold 464,245 shares at a value of £2,270,483 to cover taxes due.
The table below sets out the number of PSP awards held as at 21 March 2025 by each ELT member.

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