GIC Private Limited has filed an amended ownership report showing a 4.42% stake in Rentokil Initial plc. GIC reports beneficial ownership of 111,603,741 ordinary shares of Rentokil Initial, based on 2,526,039,885 shares of common stock outstanding.
GIC has sole voting and dispositive power over 53,934,471 shares and shares voting and dispositive power over 57,669,270 shares, including holdings managed for the Government of Singapore and the Monetary Authority of Singapore. GIC certifies the shares are not held to change or influence control of Rentokil Initial.
Positive
None.
Negative
None.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 2)
RENTOKIL INITIAL PLC
(Name of Issuer)
Ordinary shares of 0.01 British pounds each
(Title of Class of Securities)
760125104
(CUSIP Number)
12/31/2025
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
SCHEDULE 13G
CUSIP No.
760125104
1
Names of Reporting Persons
GIC Private Limited
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
SINGAPORE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
53,934,471.00
6
Shared Voting Power
57,669,270.00
7
Sole Dispositive Power
53,934,471.00
8
Shared Dispositive Power
57,669,270.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
111,603,741.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
4.42 %
12
Type of Reporting Person (See Instructions)
CO
Comment for Type of Reporting Person: There is no CUSIP number assigned to the Ordinary Shares. CUSIP number 760125104 has been assigned to the American Depositary Shares of the Issuer, each American Depositary Share representing five (5) Ordinary Shares, which are quoted on the New York Stock Exchange under the symbol "RTO".
The percentage presented herein is calculated based on 2,526,039,885 shares of Common Stock outstanding. This calculation is derived from information provided in Form 6-K filed by the Issuer with the Securities and Exchange Commission on July 1, 2025.
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
RENTOKIL INITIAL PLC
(b)
Address of issuer's principal executive offices:
COMPASS HOUSE, MANOR ROYAL, CRAWLEY, WEST SUSSEX RH10 9PY, United Kingdom
Item 2.
(a)
Name of person filing:
GIC Private Limited ("GIC")
(b)
Address or principal business office or, if none, residence:
168 Robinson Road
#37-01 Capital Tower
Singapore 068912
(c)
Citizenship:
GIC Private Limited - Republic of Singapore
(d)
Title of class of securities:
Ordinary shares of 0.01 British pounds each
(e)
CUSIP No.:
760125104
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
111,603,741 (1), (2)
(1) GIC is a fund manager and only has 2 clients - the Government of Singapore ("GoS") and the Monetary Authority of Singapore ("MAS"). Under the investment management agreement with GoS, GIC has been given the sole discretion to exercise the voting rights attached to, and the disposition of, any shares managed on behalf of GoS. As such, GIC has the sole power to vote and power to dispose of the 53,934,471 securities beneficially owned by it. GIC shares power to vote and dispose of 28,593,035 securities beneficially owned by it with MAS.
GIC is wholly-owned by the GoS and was set up with the sole purpose of managing Singapore's foreign reserves. The GoS disclaims beneficial ownership of such shares.
(2) GIC disclaims membership in a group.
(b)
Percent of class:
4.42% (3)
The percentage presented herein is calculated based on 2,526,039,885 shares of Common Stock outstanding. This calculation is derived from information provided in Form 6-K filed by the Issuer with the Securities and Exchange Commission on July 1, 2025.
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
53,934,471 (1), (2)
(ii) Shared power to vote or to direct the vote:
57,669,270 (1), (2)
(iii) Sole power to dispose or to direct the disposition of:
53,934,471 (1), (2)
(iv) Shared power to dispose or to direct the disposition of:
57,669,270 (1), (2)
Item 5.
Ownership of 5 Percent or Less of a Class.
Ownership of 5 percent or less of a class
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
Not Applicable
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
What ownership stake in Rentokil Initial plc (RTO) does GIC report?
GIC Private Limited reports beneficial ownership of 111,603,741 ordinary shares of Rentokil Initial plc, representing 4.42% of the company’s outstanding common stock, calculated from 2,526,039,885 shares outstanding as referenced from the issuer’s Form 6-K filed on July 1, 2025.
How much voting power does GIC have in Rentokil Initial plc (RTO)?
GIC reports sole voting power over 53,934,471 shares and shared voting power over 57,669,270 shares of Rentokil Initial. These figures reflect how many shares GIC alone, or together with others, can vote on shareholder matters relating to the company.
How are Rentokil Initial plc (RTO) ordinary shares related to its ADSs?
The filing notes that CUSIP 760125104 is assigned to Rentokil Initial’s American Depositary Shares, each representing five ordinary shares. The ordinary shares themselves have no separate CUSIP and the ADSs are quoted on the New York Stock Exchange under the symbol “RTO.”
Who are GIC’s clients for its Rentokil Initial plc (RTO) holdings?
GIC states it has only two clients: the Government of Singapore and the Monetary Authority of Singapore. Under its agreement with the Government of Singapore, GIC has sole discretion to vote and dispose of certain shares managed on that client’s behalf.
Is GIC seeking control of Rentokil Initial plc (RTO) with this stake?
GIC certifies that the securities in Rentokil Initial plc were not acquired and are not held for the purpose of changing or influencing control of the issuer, and are not held in connection with any transaction intended to have that control-changing effect.
What is the event date for GIC’s reported Rentokil Initial plc (RTO) ownership?
The Schedule 13G/A identifies December 31, 2025 as the date of the event requiring the filing. This date marks the point at which GIC’s beneficial ownership level triggered the need to report under the Schedule 13G rules.