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Rentokil Initial Plans New Share Listing
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Rentokil Initial Plans New Share Listing

Rentokil (RTO) has released an update.

Rentokil Initial plc has announced an upcoming additional listing of 2,000,000 ordinary shares to the Official List of the UK Listing Authority and the London Stock Exchange, with the expected admission date being 21 March 2024. These shares, ranking equally with existing ones, will be issued to satisfy awards under the company’s Performance Share Plan. This move signifies Rentokil’s latest step in capital management and could be of interest to investors monitoring the company’s equity structure.

For further insights into RTO stock, check out TipRanks’ Stock Analysis page.

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