TIDMRTO

RNS Number : 9106X

Rentokil Initial PLC

02 September 2015

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------- 
 
 
 
 1. Identity of the issuer or the underlying               Rentokil Initial plc 
  issuer 
  of existing shares to which voting rights 
  are 
  attached: (ii) 
--------------------------------------------------  ---------------------------------- 
 2 Reason for the notification (please tick the appropriate box or boxes): 
-------------------------------------------------------------------------------------- 
 An acquisition or disposal of voting rights                                    ü 
-----------------------------------------------------------------------------  ------- 
 An acquisition or disposal of qualifying financial instruments 
  which may result in the acquisition of shares already issued to 
  which voting rights are attached 
-----------------------------------------------------------------------------  ------- 
 An acquisition or disposal of instruments with similar economic 
  effect to qualifying financial instruments 
-----------------------------------------------------------------------------  ------- 
 An event changing the breakdown of voting rights 
-----------------------------------------------------------------------------  ------- 
 Other (please 
  specify): 
------------------  ---------------------------------------------------------  ------- 
 3. Full name of person(s) subject                         Schroders plc 
  to the 
  notification obligation: (iii) 
------------------------------------------  ------------------------------------------ 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv) 
------------------------------------------  ------------------------------------------ 
 5. Date of the transaction and date                         01.09.15 
  on 
  which the threshold is crossed 
  or 
  reached: (v) 
------------------------------------------  ------------------------------------------ 
 6. Date on which issuer notified:                           02.09.15 
------------------------------------------  ------------------------------------------ 
 7. Threshold(s) that is/are crossed                      From 12% - 11% 
  or 
  reached: (vi, vii) 
------------------------------------------  ------------------------------------------ 
 
 
 
 8. Notified details: 
----------------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares (viii, ix) 
----------------------------------------------------------------------------------------------------------------------------- 
 Class/type     Situation previous                     Resulting situation after the triggering 
 of              to the triggering                      transaction 
 shares          transaction 
 
 if possible 
 using 
 the ISIN 
 CODE 
-------------  -------------------------------------  ----------------------------------------------------------------------- 
                Number               Number            Number                    Number of voting         % of voting 
                 of                   of                of shares                 rights                   rights (x) 
                 Shares               Voting 
                                      Rights 
-------------  -------------------  ----------------  ------------------------  -----------------------  -------------------- 
                                                       Direct                    Direct   Indirect        Direct   Indirect 
                                                                                  (xi)     (xii) 
-------------    ----  -----  ----  -----      -----  ------------------------  -------  --------------  -------  ----------- 
   Ordinary 
 
 GB00B082RF11      242,555,841         230,694,661               223,297,373      N/A      210,891,631     N/A      11.569% 
               -------------------  ----------------  ------------------------  -------  --------------  -------  ----------- 
 
 B: Qualifying Financial Instruments 
----------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
----------------------------------------------------------------------------------------------------------------------------- 
 Type of financial      Expiration          Exercise/                        Number of voting             % of voting 
  instrument             date (xiii)         Conversion                       rights that may              rights 
                                             Period (xiv)                     be 
                                                                              acquired if the 
                                                                              instrument is 
                                                                              exercised/ converted. 
---------------------  ------------------  -------------------------------  ---------------------------  -------------------- 
     Call option           09/09/2015                    N/A                         (946,041)                  -0.052% 
---------------------  ------------------  -------------------------------  ---------------------------  -------------------- 
     Call option           30/09/2015                    N/A                         (434,871)                  -0.024% 
---------------------  ------------------  -------------------------------  ---------------------------  -------------------- 
     Call option           07/10/2015                    N/A                         (636,649)                  -0.035% 
---------------------  ------------------  -------------------------------  ---------------------------  -------------------- 
     Call option           14/10/2015                    N/A                         (741,756)                  -0.041% 
---------------------  ------------------  -------------------------------  ---------------------------  -------------------- 
     Call option           28/10/2015                    N/A                         (617,498)                  -0.034% 
---------------------  ------------------  -------------------------------  ---------------------------  -------------------- 
     Call option           10/11/2015                    N/A                         (646,018)                  -0.035% 
---------------------  ------------------  -------------------------------  ---------------------------  -------------------- 
     Call option           25/11/2015                    N/A                         (387,163)                  -0.021% 
---------------------  ------------------  -------------------------------  ---------------------------  -------------------- 
 
 C: Financial Instruments with similar economic effect to Qualifying Financial 
  Instruments (xv, xvi) 
----------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
----------------------------------------------------------------------------------------------------------------------------- 
 Type of          Exercise     Expiration       Exercise/           Number of voting                  % of voting rights 
 financial         price        date (xvii)      Conversion          rights instrument                 (xix, xx) 
 instrument                                      period              refers to 
                                                 (xviii) 
---------------  -----------  ---------------  ------------------  --------------------------------  ------------------------ 
      CFD            N/A            N/A                N/A                     5,877,030               Nominal       Delta 
---------------  -----------  ---------------  ------------------  --------------------------------  -----------  ----------- 
                                                                                                        0.322%         1 
-------------    ----  -----  ----  -----      -----  -----------  -------      -------  ----------  -----------  ----------- 
 
 Total (A+B+C) 
----------------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                            Percentage of voting rights 
-----------------------------------------------------------------  ---------------------------------------------------------- 
                           216,768,661                                                       11.892% 
-----------------------------------------------------------------  ---------------------------------------------------------- 
 9. Chain of controlled undertakings through which the voting rights and/or 
  the 
  financial instruments are effectively held, if applicable: (xxi) 
----------------------------------------------------------------------------------------------------------------------------- 
 Schroder Investment Management Limited 214,309,817 11.757% 
  Schroders (C.I.) Limited 39,350 0.002% 
  Schroder & Co. Limited 2,419,494 0.133% 
 
 Proxy Voting: 
----------------------------------------------------------------------------------------------------------------------------- 
 10. Name of the proxy holder: 
---------------------------------------------------------------------------------------  ------------------------------------ 
 11. Number of voting rights proxy holder will 
  cease 
  to hold: 
---------------------------------------------------------------------------------------  ------------------------------------ 
 12. Date on which proxy holder will cease to 
  hold 
  voting rights: 
---------------------------------------------------------------------------------------  ------------------------------------ 
 

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September 02, 2015 12:19 ET (16:19 GMT)