Rentokil Initial PLC on January 27, 2020 announced that it has given a formal notice to the holders of the debenture stock with a value of £1.3 million that it intends to fully redeem the outstanding debenture stock on May 1, 2020 in accordance with clause 5 of the second supplemental trust deed to the debenture dated September 30, 1993. The debenture stock will be redeemed at a price of 105.00% of its principal amount, together with any interest accrued to the redemption date.