Rentokil (NYSE: RTO) CEO Designate Mike Duffy buys 16,000 ADSs
Filing Impact
Filing Sentiment
Form Type
6-K
Rhea-AI Filing Summary
Rentokil Initial plc reported that CEO Designate Mike (Michael) Duffy, together with his Person Closely Associated, Laura Duffy, purchased 16,000 American Depositary Shares (ADSs) of the company on 9 March 2026 on the New York Stock Exchange.
The ADSs were bought at a price of USD 30.9584 per ADS, for an aggregate consideration of USD 495,334.40. Each ADS represents five ordinary shares of one pence each, and the purchase was made into a joint brokerage account held by Mike and Laura Duffy.
Positive
- None.
Negative
- None.
FAQ
What insider transaction did Rentokil Initial plc (RTO) disclose in this 6-K?
Rentokil Initial disclosed that CEO Designate Mike Duffy and his Person Closely Associated, Laura Duffy, purchased 16,000 American Depositary Shares at USD 30.9584 each. The transaction, executed on 9 March 2026, totaled USD 495,334.40 on the New York Stock Exchange.
How many Rentokil Initial (RTO) ADSs were bought and at what price?
Mike and Laura Duffy bought 16,000 Rentokil Initial American Depositary Shares at USD 30.9584 per ADS. This results in a total transaction value of USD 495,334.40, as detailed in the regulatory disclosure for the 9 March 2026 purchase.
On which exchange were the Rentokil Initial (RTO) ADSs purchased?
The 16,000 American Depositary Shares of Rentokil Initial were purchased on the New York Stock Exchange. The filing’s transaction details section explicitly lists the New York Stock Exchange as the place of the transaction dated 9 March 2026 for the ADS purchase.
What was the total value of the Rentokil Initial (RTO) insider ADS purchase?
The total value of the insider purchase was USD 495,334.40. This figure is calculated and reported in the filing as the aggregate price for 16,000 American Depositary Shares bought at USD 30.9584 per ADS by Mike and Laura Duffy.
Under which regulatory framework was the Rentokil Initial (RTO) transaction notified?
The transaction was notified in accordance with Article 19 of the UK Market Abuse Regulation. Rentokil Initial’s disclosure explains that this framework governs reporting of dealings by persons discharging managerial responsibilities and their closely associated persons, such as Mike and Laura Duffy.