Rentokil Initial says CEO Ransom sold 1.025M shares to fund property purchase

Rentokil Initial stated in a notice to the market: "The company announces that Andy Ransom, Chief Executive, has sold 1,025,000 ordinary shares in the company which, after payment of tax, will be used to fund a property purchase. Andy has not previously sold any of his shareholding in the company in the 15 years since becoming a director of the company (save to pay income tax and National Insurance on vesting performance shares) and following this transaction, he retains a beneficial holding of over 6M ordinary shares held directly or under his vested but unexercised Performance Share Plan and Deferred Bonus Plan awards (including those subject to a holding period). The relevant notification set out below is provided in accordance with the requirements of Article 19 of the UK Market Abuse Regulation." Reference Link