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Director dealings: Rentokil Initial director makes share purchase

(Sharecast News) - Rentokil Initial revealed on Friday that non-executive director Brian Baldwin had acquired 7.5m ordinary shares in the FTSE 100-listed pest control business. Baldwin, who was appointed to the board of Rentokil in September, purchased the shares on Wednesday via his interest in Trian Fund Management at an average price of 413.41p each, for a total value of £31.0m.

As of 1620 GMT, Rentokil shares were up 3.66% at 413.50p.

Reporting by Iain Gilbert at Sharecast.com

Top Director Buys

Rentokil Initial (RTO) Director name: Baldwin ,Brian Amount purchased: 7,500,000 @ 413.41p Value: £31,006,028.65

Oakley Capital Investments Ltd. (di) (OCI) Director name: Dubens,Peter Amount purchased: 76,923 @ 497.00p Value: £382,307.29

Global Opportunities Trust (GOT) Director name: Nairn,Sandy Amount purchased: 55,000 @ 282.00p Value: £155,100.00

Oakley Capital Investments Ltd. (di) (OCI) Director name: Till,David Amount purchased: 23,077 @ 497.00p Value: £114,692.69

Oakley Capital Investments Ltd. (di) (OCI) Director name: Dubens,Peter Amount purchased: 7,692 @ 499.00p Value: £38,383.08

Jpmorgan Global Markets Emerging Income Trust (JEMI) Director name: Edwards,Mark Amount purchased: 10,000 @ 132.82p Value: £13,282.00

Oakley Capital Investments Ltd. (di) (OCI) Director name: Till,David Amount purchased: 2,308 @ 499.00p Value: £11,516.92

Top Director Sells

Ab Dynamics (ABDP) Director name: Routh,James Amount sold: 24,170 @ 1,900.00p Value: £459,230.00

Ab Dynamics (ABDP) Director name: Matthews-DeMers,Sarah Amount sold: 18,128 @ 1,900.00p Value: £344,432.00

Britvic (BVIC) Director name: Litherland,Simon Amount sold: 18,862 @ 1,292.00p Value: £243,697.04

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Important information: This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to one of Fidelity’s advisers or an authorised financial adviser of your choice. When you are thinking about investing in shares, it’s generally a good idea to consider holding them alongside other investments in a diversified portfolio of assets. Past performance is not a reliable indicator of future returns.