Rentokil Initial PLC RTO Repurchase of EUR 500m 2014 Bonds

  Rentokil Initial PLC (RTO) - Repurchase of EUR 500m 2014 Bonds

RNS Number : 7872O
Rentokil Initial PLC
16 October 2012








                                      

16 October 2012





                             Rentokil Initial plc

                        Repurchase of €500m 2014 Bonds





The Company announces  that, as part  of the management  of its debt  maturity 
profile, it  has repurchased  €14.5m principal  of its  existing €500  million 
4.625% Bonds due  March 2014 (the  "2014 Bonds"), at  market price. The  bonds 
will be  cancelled as  of  today's date,  reducing the  outstanding  principal 
amount of the Bonds to €485.5m.



The Company is willing to  purchase more of the  2014 Bonds, at market  price, 
for cancellation. 2014 Bond holders wishing to offer their bonds for  purchase 
by the Company should contact either  their sales representative at The  Royal 
Bank of Scotland, or one of the individuals named below:



Andrew Burton, The Royal Bank of Scotland, +44 20 7085 8056

Marcus Schyllert, The Royal Bank of Scotland, +44 20 7085 4634







                                     Ends



About Rentokil Initial plc



Rentokil Initial is  one of  the largest  business services  companies in  the 
world, operating in  all the major  economies of Europe,  North America,  Asia 
Pacific and Africa. The Company has  some 66,000 employees providing a  range 
of support services in over 60 countries.



www.rentokil-initial.com







Enquiries:



Investors / Analysts enquiries:

Katharine Rycroft, Investor
RelationsRentokil Initial
plc 01293 858 166



Media enquiries:

Malcolm Padley, Corporate Communications Rentokil
Initial plc 07788 978 199

Kate Holgate/ Catriona McDermott
Brunswick Group020 7404 5959







INVITATION AND DISTRIBUTION RESTRICTIONS



The distribution of this announcement in certain jurisdictions may be
restricted by law. Persons into whose possession this announcement comes are
required by the Company to inform themselves about and to observe any such
restrictions. This announcement does not constitute a solicitation of an offer
to sell 2014 Bonds in any jurisdiction in which such solicitation or offer is
unlawful, and offers to sell will not be accepted from 2014 Bond holders
located or resident in any jurisdiction in which such solicitation or offer is
unlawful.



United States

The invitation to holders of the 2014 Bonds to offer to sell some or all of
those 2014 Bonds for cash (the "Invitation") is not being made and will not be
made, directly or indirectly, in or into, or by use of the mails of, or by any
means or instrumentality (including, without limitation, facsimile
transmission, telex, telephone, email and other forms of electronic
transmission) of interstate or foreign commerce of, or any facility of a
national securities exchange of, the United States, and the 2014 Bonds may not
be offered for sale by any such use, means, instrumentality or facility from
or within the United States or by persons located or resident in the United
States. Accordingly, copies of any documents or materials relating to the
Invitation are not being, and must not be, directly or indirectly, mailed or
otherwise transmitted, distributed or forwarded in or into the United States
or to persons located or resident in the United States. Any purported offer
for sale in the Invitation resulting directly or indirectly from a violation
of these restrictions will be invalid and tenders of 2014 Bonds made by a
person located in the United States or any agent, fiduciary or other
intermediary acting on a non-discretionary basis for a principal giving
instructions from within the United States will not be accepted. For the
purposes of this paragraph, United States means the United States of America,
its territories and possessions, any state of the United States of America and
the District of Columbia.



United Kingdom

The communication of any documents or materials relating to the Invitation is
not being made, and such documents and/or materials have not been approved, by
an authorised person for the purposes of section 21 of the Financial Services
and Markets Act 2000. Accordingly, such documents and/or materials are not
being distributed to, and must not be passed on to, the general public in the
United Kingdom, and are only for circulation to persons outside the United
Kingdom or to persons within the United Kingdom falling within the definition
of investment professionals (as defined in Article 19(5) of the Financial
Services and Markets Act 2000 (Financial Promotion) Order 2005 (the Order)) or
to other persons to whom it may lawfully be communicated in accordance with
the Order.



Italy

The Invitation is not being made in the Republic of Italy (Italy). The
Invitation has not been submitted to the clearance procedures of the
Commissione Nazionale per le Società e la Borsa (CONSOB) pursuant to Italian
laws and regulations. Accordingly, 2014 Bond holders are notified that, to the
extent they are located or resident in Italy, the Invitation is not available
to them and they may not offer 2014 Bonds in response to the Invitation and,
as such, any offers received from or on behalf of such persons shall be
ineffective and void, and no documents or materials relating to the Invitation
or the 2014 Bonds may be distributed or made available in Italy.



Belgium

The Invitation is not being made, directly or indirectly, to the public in
Belgium. No documents or materials relating to the Invitation have been, or
will be, approved by the Belgian Banking, Finance and Insurance Commission.
Accordingly, the Invitation may not be advertised and no such documents or
materials may be distributed or made available in Belgium other than to
institutional investors, as referred to in article 10 of the Law of 16 June
2006 on the public offer of investment instruments and the admission to
trading of investment instruments on a regulated market, acting for their own
account.



France

The Invitation is not being made, directly or indirectly, to the public in the
Republic of France (France). No documents or materials relating to the
Invitation have been or will be distributed to the public in France and only
(i) providers of investment services relating to portfolio management for the
account of third parties and/or (ii) qualified investors
(investisseursqualifiés) other than individuals, all as defined in, and in
accordance with, Articles L.411-1, L.411-2 and D.411-1 of the French Code
monétaire et financier, are eligible to participate in the Invitation.





                     This information is provided by RNS
           The company news service from the London Stock Exchange

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DOCFFMSUMFESESS -0- Oct/16/2012 09:08 GMT