BlackRock trims stake in Rentokil Initial to 9.93% from 10.04%
Rentokil Initial plc furnished a TR-1 major holdings notification indicating that BlackRock, Inc. now holds 9.93% of Rentokil’s voting rights in total, down from 10.04% on the previous notification. The filing shows 7.95% of voting rights attached to shares and 1.98% through financial instruments, with 251,543,381 total voting rights held.
Within shares (Section 8A), BlackRock reports 200,968,863 indirect voting rights, representing 7.95%. Financial instruments (Sections 8B1/8B2) include American Depository Receipts of 4,056,466 voting rights (0.16%), securities lending of 42,797,912 (1.69%), CFDs of 483,540 (0.01%), and an ELN of 3,236,600 (0.12%), which together total 1.98%.
Positive
- None.
Negative
- None.
Insights
Routine TR-1 shows BlackRock at 9.93%; modest decline.
Under UK DTR rules, investors must notify when crossing set ownership thresholds. Here, BlackRock reports a combined position of 9.93% in Rentokil Initial, composed of 7.95% via shares and 1.98% via listed financial instruments.
The mix includes ADRs, securities lending, CFDs, and an ELN, aligning with the notified subtotals. The prior level was 10.04%, indicating a small reduction. Cash-flow implications are not part of this disclosure; it records voting exposure rather than transactions.
As a standard holdings update, the investment thesis impact is limited. Any future changes would be reflected in subsequent TR-1s if thresholds are crossed again.
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Holding(s)
in Company dated 27 October 2025
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GB00B082RF11
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RENTOKIL INITIAL PLC
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UK
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An acquisition or disposal of financial instruments
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BlackRock, Inc.
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Wilmington
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USA
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23-Oct-2025
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24-Oct-2025
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% of voting rights attached to shares (total of 8.A)
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% of voting rights through financial instruments (total of 8.B 1 +
8.B 2)
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Total of both in % (8.A + 8.B)
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Total number of voting rights held in issuer
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Resulting
situation on the date on which threshold was crossed or
reached
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7.950000
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1.980000
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9.930000
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251543381
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Position
of previous notification (if applicable)
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8.000000
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2.040000
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10.040000
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Class/Type of shares ISIN code(if possible)
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Number of direct voting rights (DTR5.1)
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Number of indirect voting rights (DTR5.2.1)
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% of direct voting rights (DTR5.1)
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% of indirect voting rights (DTR5.2.1)
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GB00B082RF11
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200968863
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7.950000
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Sub
Total 8.A
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200968863
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7.950000%
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||
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Type of financial instrument
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Expiration date
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Exercise/conversion period
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Number of voting rights that may be acquired if the instrument is
exercised/converted
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% of voting rights
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American
Depository Receipt
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4056466
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0.160000
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Securities
Lending
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42797912
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1.690000
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Sub
Total 8.B1
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46854378
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1.850000%
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Type of financial instrument
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Expiration date
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Exercise/conversion period
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Physical or cash settlement
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Number of voting rights
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% of voting rights
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CFD
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Cash
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483540
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0.010000
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ELN
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11/12/2025
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Cash
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3236600
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0.120000
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Sub
Total 8.B2
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3720140
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0.130000%
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||
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2. Full chain of controlled undertakings through which the voting
rights and/or the financial instruments are effectively held
starting with the ultimate controlling natural person or legal
entities (please add additional rows as necessary)
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Ultimate controlling person
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Name of controlled undertaking
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% of voting rights if it equals or is higher than the notifiable
threshold
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% of voting rights through financial instruments if it equals or is
higher than the notifiable threshold
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Total of both if it equals or is higher than the notifiable
threshold
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BlackRock,
Inc. (Chain 1)
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BlackRock
Saturn Subco, LLC
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BlackRock,
Inc. (Chain 1)
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BlackRock
Finance, Inc.
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BlackRock,
Inc. (Chain 1)
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BlackRock
Holdco 2, Inc.
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BlackRock,
Inc. (Chain 1)
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BlackRock
Financial Management, Inc.
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BlackRock,
Inc. (Chain 1)
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BlackRock
International Holdings, Inc.
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BlackRock,
Inc. (Chain 1)
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BR
Jersey International Holdings L.P.
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BlackRock,
Inc. (Chain 1)
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BlackRock
(Singapore) Holdco Pte. Ltd.
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BlackRock,
Inc. (Chain 1)
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BlackRock
HK Holdco Limited
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BlackRock,
Inc. (Chain 1)
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BlackRock
Lux Finco S.a.r.l.
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BlackRock,
Inc. (Chain 1)
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BlackRock
Japan Holdings GK
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BlackRock,
Inc. (Chain 1)
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BlackRock
Japan Co., Ltd.
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BlackRock,
Inc. (Chain 2)
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BlackRock
Saturn Subco, LLC
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BlackRock,
Inc. (Chain 2)
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BlackRock
Finance, Inc.
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BlackRock,
Inc. (Chain 2)
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Trident
Merger, LLC
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BlackRock,
Inc. (Chain 2)
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BlackRock
Investment Management, LLC
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BlackRock,
Inc. (Chain 3)
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BlackRock
Saturn Subco, LLC
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BlackRock,
Inc. (Chain 3)
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BlackRock
Finance, Inc.
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BlackRock,
Inc. (Chain 3)
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BlackRock
Holdco 2, Inc.
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BlackRock,
Inc. (Chain 3)
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BlackRock
Financial Management, Inc.
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BlackRock,
Inc. (Chain 3)
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BlackRock
International Holdings, Inc.
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BlackRock,
Inc. (Chain 3)
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BR
Jersey International Holdings L.P.
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BlackRock,
Inc. (Chain 3)
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BlackRock
Holdco 3, LLC
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BlackRock,
Inc. (Chain 3)
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BlackRock
Cayman 1 LP
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BlackRock,
Inc. (Chain 3)
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BlackRock
Cayman West Bay Finco Limited
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BlackRock,
Inc. (Chain 3)
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BlackRock
Cayman West Bay IV Limited
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BlackRock,
Inc. (Chain 3)
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BlackRock
Group Limited
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BlackRock,
Inc. (Chain 3)
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BlackRock
Finance Europe Limited
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BlackRock,
Inc. (Chain 3)
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BlackRock
Investment Management (UK) Limited
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BlackRock,
Inc. (Chain 4)
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BlackRock
Saturn Subco, LLC
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BlackRock,
Inc. (Chain 4)
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BlackRock
Finance, Inc.
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BlackRock,
Inc. (Chain 4)
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BlackRock
Holdco 2, Inc.
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BlackRock,
Inc. (Chain 4)
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BlackRock
Financial Management, Inc.
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BlackRock,
Inc. (Chain 4)
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BlackRock
International Holdings, Inc.
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BlackRock,
Inc. (Chain 4)
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BR
Jersey International Holdings L.P.
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BlackRock,
Inc. (Chain 4)
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BlackRock
Australia Holdco Pty. Ltd.
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BlackRock,
Inc. (Chain 4)
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BlackRock
Investment Management (Australia) Limited
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BlackRock,
Inc. (Chain 5)
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BlackRock
Saturn Subco, LLC
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BlackRock,
Inc. (Chain 5)
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BlackRock
Finance, Inc.
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BlackRock,
Inc. (Chain 5)
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BlackRock
Holdco 2, Inc.
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BlackRock,
Inc. (Chain 5)
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BlackRock
Financial Management, Inc.
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BlackRock,
Inc. (Chain 5)
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BlackRock
Holdco 4, LLC
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BlackRock,
Inc. (Chain 5)
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BlackRock
Holdco 6, LLC
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BlackRock,
Inc. (Chain 5)
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BlackRock
Delaware Holdings Inc.
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BlackRock,
Inc. (Chain 5)
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BlackRock
Institutional Trust Company, National Association
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BlackRock,
Inc. (Chain 6)
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BlackRock
Saturn Subco, LLC
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BlackRock,
Inc. (Chain 6)
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BlackRock
Finance, Inc.
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BlackRock,
Inc. (Chain 6)
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BlackRock
Holdco 2, Inc.
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BlackRock,
Inc. (Chain 6)
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BlackRock
Financial Management, Inc.
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BlackRock,
Inc. (Chain 6)
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BlackRock
Holdco 4, LLC
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BlackRock,
Inc. (Chain 6)
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BlackRock
Holdco 6, LLC
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BlackRock,
Inc. (Chain 6)
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BlackRock
Delaware Holdings Inc.
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BlackRock,
Inc. (Chain 6)
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BlackRock
Fund Advisors
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BlackRock,
Inc. (Chain 7)
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BlackRock
Saturn Subco, LLC
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BlackRock,
Inc. (Chain 7)
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BlackRock
Finance, Inc.
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BlackRock,
Inc. (Chain 7)
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BlackRock
Holdco 2, Inc.
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BlackRock,
Inc. (Chain 7)
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BlackRock
Financial Management, Inc.
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BlackRock,
Inc. (Chain 8)
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BlackRock
Saturn Subco, LLC
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BlackRock,
Inc. (Chain 8)
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BlackRock
Finance, Inc.
|
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BlackRock,
Inc. (Chain 8)
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BlackRock
Holdco 2, Inc.
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BlackRock,
Inc. (Chain 8)
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BlackRock
Financial Management, Inc.
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BlackRock,
Inc. (Chain 8)
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BlackRock
Capital Holdings, Inc.
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BlackRock,
Inc. (Chain 8)
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BlackRock
Advisors, LLC
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BlackRock,
Inc. (Chain 8)
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BlackRock
Capital Management, Inc.
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BlackRock,
Inc. (Chain 9)
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BlackRock
Saturn Subco, LLC
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BlackRock,
Inc. (Chain 9)
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BlackRock
Finance, Inc.
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BlackRock,
Inc. (Chain 9)
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BlackRock
Holdco 2, Inc.
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BlackRock,
Inc. (Chain 9)
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BlackRock
Financial Management, Inc.
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BlackRock,
Inc. (Chain 9)
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BlackRock
International Holdings, Inc.
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BlackRock,
Inc. (Chain 9)
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BR
Jersey International Holdings L.P.
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BlackRock,
Inc. (Chain 9)
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BlackRock
(Singapore) Holdco Pte. Ltd.
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BlackRock,
Inc. (Chain 9)
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BlackRock
HK Holdco Limited
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BlackRock,
Inc. (Chain 9)
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BlackRock
Asset Management North Asia Limited
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BlackRock,
Inc. (Chain 10)
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BlackRock
Saturn Subco, LLC
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BlackRock,
Inc. (Chain 10)
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BlackRock
Finance, Inc.
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BlackRock,
Inc. (Chain 10)
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BlackRock
Holdco 2, Inc.
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BlackRock,
Inc. (Chain 10)
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BlackRock
Financial Management, Inc.
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BlackRock,
Inc. (Chain 10)
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BlackRock
International Holdings, Inc.
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BlackRock,
Inc. (Chain 10)
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BR
Jersey International Holdings L.P.
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BlackRock,
Inc. (Chain 10)
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BlackRock
Holdco 3, LLC
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BlackRock,
Inc. (Chain 10)
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BlackRock
Cayman 1 LP
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BlackRock,
Inc. (Chain 10)
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BlackRock
Cayman West Bay Finco Limited
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BlackRock,
Inc. (Chain 10)
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BlackRock
Cayman West Bay IV Limited
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BlackRock,
Inc. (Chain 10)
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BlackRock
Group Limited
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BlackRock,
Inc. (Chain 10)
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BlackRock
Finance Europe Limited
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BlackRock,
Inc. (Chain 10)
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BlackRock
(Netherlands) B.V.
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BlackRock,
Inc. (Chain 10)
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BlackRock
Asset Management Deutschland AG
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BlackRock,
Inc. (Chain 11)
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BlackRock
Saturn Subco, LLC
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BlackRock,
Inc. (Chain 11)
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BlackRock
Finance, Inc.
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BlackRock,
Inc. (Chain 11)
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BlackRock
Holdco 2, Inc.
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BlackRock,
Inc. (Chain 11)
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BlackRock
Financial Management, Inc.
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BlackRock,
Inc. (Chain 11)
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BlackRock
International Holdings, Inc.
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BlackRock,
Inc. (Chain 11)
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BlackRock
Canada Holdings ULC
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BlackRock,
Inc. (Chain 11)
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BlackRock
Asset Management Canada Limited
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BlackRock,
Inc. (Chain 12)
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BlackRock
Saturn Subco, LLC
|
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BlackRock,
Inc. (Chain 12)
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BlackRock
Finance, Inc.
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BlackRock,
Inc. (Chain 12)
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BlackRock
Holdco 2, Inc.
|
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BlackRock,
Inc. (Chain 12)
|
BlackRock
Financial Management, Inc.
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BlackRock,
Inc. (Chain 12)
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BlackRock
Capital Holdings, Inc.
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BlackRock,
Inc. (Chain 12)
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BlackRock
Advisors, LLC
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BlackRock,
Inc. (Chain 13)
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BlackRock
Saturn Subco, LLC
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BlackRock,
Inc. (Chain 13)
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BlackRock
Finance, Inc.
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BlackRock,
Inc. (Chain 13)
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BlackRock
Holdco 2, Inc.
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BlackRock,
Inc. (Chain 13)
|
BlackRock
Financial Management, Inc.
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BlackRock,
Inc. (Chain 13)
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BlackRock
International Holdings, Inc.
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BlackRock,
Inc. (Chain 13)
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BR
Jersey International Holdings L.P.
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BlackRock,
Inc. (Chain 13)
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BlackRock
Holdco 3, LLC
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BlackRock,
Inc. (Chain 13)
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BlackRock
Cayman 1 LP
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BlackRock,
Inc. (Chain 13)
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BlackRock
Cayman West Bay Finco Limited
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BlackRock,
Inc. (Chain 13)
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BlackRock
Cayman West Bay IV Limited
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BlackRock,
Inc. (Chain 13)
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BlackRock
Group Limited
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BlackRock,
Inc. (Chain 13)
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BlackRock
Finance Europe Limited
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BlackRock,
Inc. (Chain 13)
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BlackRock
Advisors (UK) Limited
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BlackRock,
Inc. (Chain 14)
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BlackRock
Saturn Subco, LLC
|
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BlackRock,
Inc. (Chain 14)
|
BlackRock
Finance, Inc.
|
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BlackRock,
Inc. (Chain 14)
|
BlackRock
Holdco 2, Inc.
|
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BlackRock,
Inc. (Chain 14)
|
BlackRock
Financial Management, Inc.
|
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BlackRock,
Inc. (Chain 14)
|
BlackRock
International Holdings, Inc.
|
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BlackRock,
Inc. (Chain 14)
|
BR
Jersey International Holdings L.P.
|
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BlackRock,
Inc. (Chain 14)
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BlackRock
(Singapore) Holdco Pte. Ltd.
|
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BlackRock,
Inc. (Chain 14)
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BlackRock
(Singapore) Limited
|
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BlackRock,
Inc. (Chain 15)
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BlackRock
Saturn Subco, LLC
|
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BlackRock,
Inc. (Chain 15)
|
BlackRock
Finance, Inc.
|
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BlackRock,
Inc. (Chain 15)
|
Trident
Merger, LLC
|
|
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BlackRock,
Inc. (Chain 15)
|
BlackRock
Investment Management, LLC
|
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BlackRock,
Inc. (Chain 15)
|
Amethyst
Intermediate, LLC
|
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BlackRock,
Inc. (Chain 15)
|
Aperio
Holdings, LLC
|
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BlackRock,
Inc. (Chain 15)
|
Aperio
Group, LLC
|
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BlackRock Regulatory Threshold Reporting Team
Jana Blumenstein
020 7743 3650
|
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24th October
2025
|
|
12 Throgmorton Avenue, London, EC2N 2DL, U.K.
|
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Date:
27 October 2025
|
RENTOKIL INITIAL PLC
|
|
|
/s/
Rachel Canham
|
|
|
Name:
Rachel Canham
|
|
|
Title:
Group General Counsel and Company Secretary
|
|
|
|