Company Overview - Rentokil Initial is a global pest control company with a strong presence in the US market [1] - The company, along with Rollins, is consolidating the fragmented pest control market in the US [1] Investment Strategy - The investment approach focuses on companies in niche markets with strong growth potential, solid management teams, and reasonable valuations [1] - The strategy emphasizes long-term, quality growth-oriented investments rather than short-term performance [1] - The target annual return for the portfolio is 15%, with a focus on diversification, risk management, and disciplined trading [1] Market Position - Rentokil Initial and Rollins are key players in the US pest control market, driving consolidation in the industry [1]

Transaction Overview - GlobalBlock Digital Asset Trading Limited has entered into a binding letter of intent (LOI) with CHAINERGY for a reverse takeover transaction, expected to be completed by February 28, 2025 [1][6] - The combined entity will carry on CHAINERGY's business, with existing shareholders and subscribers exchanging their securities for those of the Resulting Issuer [2] - The Transaction is based on a valuation of GlobalBlock at C$6,300,000 (C$0.07 per share) and CHAINERGY at C$12,950,000 [6] CHAINERGY Business - CHAINERGY is a UK-based company focused on sustainable modular data centers to meet the growing demand for AI, leveraging energy optimization and digital infrastructure expertise [3] - The company aims to address the AI energy challenge with scalable, energy-first solutions that bypass grid constraints [3][4] - CHAINERGY plans to deploy its first commercial-scale data center in the UK, with potential expansion across Europe [4] Transaction Details - GlobalBlock will acquire all issued and outstanding securities of CHAINERGY in exchange for 177,422,689 common shares (approximately 43,166,667 post-Consolidation) [6] - A concurrent financing of subscription receipts is planned, aiming for minimum gross proceeds of C$5.5 million at C$0.30 per receipt [9][10] - The Transaction is subject to board, shareholder, and regulatory approvals, including TSX Venture Exchange approval [8] Management and Governance - The Resulting Issuer's board will consist of four members, with CHAINERGY nominating two, GlobalBlock nominating one, and one member to be determined [12] - James Behan and Roger Cockram, founders of CHAINERGY, will assume the roles of CEO and COO of the Resulting Issuer [13] Capitalization and Share Structure - GlobalBlock currently has 86,313,741 common shares issued and outstanding, with options for up to 3,400,000 shares held by directors and officers [16] - CHAINERGY has 100,381 shares issued and outstanding, with James Behan and Roger Cockram each owning approximately 46.8% [18] Additional Considerations - The company name will be changed to reflect the Resulting Issuer's business, subject to regulatory and shareholder approvals [19] - Finder's fees of 716,992 post-Consolidation common shares are proposed for Rufus Round and Angus Campbell, subject to Exchange approval [20]

NEW YORK, Jan. 6, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Rentokil Initial plc (NYSE: RTO).Shareholders who purchased shares of RTO during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/rentokil-initial-plc-loss-submission-form/?id=120448&from=4CLASS PERIOD: December 1, 2023 ...

Lawsuit Overview - Levi & Korsinsky, LLP has notified Rentokil Initial plc (NYSE: RTO) investors of a class action securities lawsuit [1] - The lawsuit aims to recover losses for Rentokil investors affected by alleged securities fraud between December 1, 2023, and September 10, 2024 [1] Allegations - Defendants allegedly made false statements or concealed information regarding Rentokil's integration challenges with Terminix [2] - Rentokil experienced significant disruption and self-inflicted execution challenges during the early pilots of the Terminix integration [2] - The integration challenges jeopardized Rentokil's plan to integrate Terminix, and the two companies remained separate businesses [2] - Rentokil's failure to integrate Terminix negatively impacted its business and operations, particularly organic revenue growth in North America [2] - Defendants' positive statements about Rentokil's business, operations, and prospects were allegedly materially false and misleading [2] Next Steps for Investors - Investors who suffered losses in Rentokil during the relevant period have until January 27, 2025, to request to be appointed as lead plaintiff [3] - Participation in the lawsuit does not require serving as a lead plaintiff, and there are no out-of-pocket costs or fees for class members [3] About Levi & Korsinsky - Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders over the past 20 years [4] - The firm has a track record of winning high-stakes cases and ranks among the top securities litigation firms in the US [4] - Levi & Korsinsky has over 70 employees and extensive expertise in complex securities litigation [4]

Class Action Lawsuit Against Rentokil Initial plc - The Gross Law Firm has issued a notice to shareholders of Rentokil Initial plc (NYSE: RTO) regarding a class action lawsuit [1] - Shareholders who purchased RTO shares between December 1, 2023 and September 10, 2024 are encouraged to contact the firm regarding possible lead plaintiff appointment [4][5] - The deadline to seek to be a lead plaintiff is January 27, 2025 [5] Allegations Against Rentokil Initial plc - The complaint alleges that Rentokil issued materially false and/or misleading statements during the class period [2] - Rentokil experienced significant disruption and execution challenges in the early pilots of the Terminix integration [2] - The company's failure to integrate Terminix negatively impacted its business and operations, particularly organic revenue growth in North America [2] - Rentokil and Terminix were still two separate businesses that were not yet integrated during the class period [2] About The Gross Law Firm - The Gross Law Firm is a nationally recognized class action law firm that protects the rights of investors who have suffered losses due to deceit, fraud, and illegal business practices [3] - The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company's stock [3]

NEW YORK, Dec. 27, 2024 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against Rentokil Initial plc ("Rentokil" or the "Company") (NYSE: RTO). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.The class action concerns whether Rentokil and certain of its officers ...

Lawsuit Overview - A class action securities lawsuit has been filed against Rentokil Initial plc (NYSE: RTO) on behalf of investors who suffered losses between December 1, 2023, and September 10, 2024, due to alleged securities fraud [1][4] - Investors have until January 27, 2025, to request the Court to appoint them as lead plaintiff, though serving as lead plaintiff is not required to share in any recovery [2] Allegations - The complaint alleges that Rentokil made false statements and/or concealed material information regarding the integration of Terminix, including significant disruption in early pilots, ongoing execution challenges, and the negative impact on organic revenue growth in North America [5] - The lawsuit claims that Rentokil and Terminix remained two separate businesses, and the failure to integrate them properly harmed the company's business and operations [5] Legal Representation - Levi & Korsinsky, LLP, a firm with over 20 years of experience, has secured hundreds of millions of dollars for aggrieved shareholders and is ranked among the top securities litigation firms in the U.S. [3] - The firm has a team of over 70 employees and specializes in complex securities litigation [3] Participation Details - Class members may be entitled to compensation without incurring out-of-pocket costs or fees [6] - Investors can contact Levi & Korsinsky via email or telephone for more information or to participate in the lawsuit [1][7]

NEW YORK, Dec. 26, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Rentokil Initial plc (NYSE: RTO).Shareholders who purchased shares of RTO during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/rentokil-initial-plc-loss-submission-form/?id=118144&from=4CLASS PERIOD: December 1, 202 ...

NEW YORK, Dec. 20, 2024 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Rentokil Initial plc ("Rentokil" or the "Company") (NYSE: RTO) of a class action securities lawsuit.CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Rentokil investors who were adversely affected by alleged securities fraud between December 1, 2023 and September 10, 2024. Follow the link below to get more information and be contacted by a member of our team:https://zlk.com/pslra-1/rentokil-initial-plc-lawsu ...

NEW YORK, Dec. 19, 2024 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Rentokil Initial plc ("Rentokil" or the "Company") (NYSE: RTO) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Rentokil investors who were adversely affected by alleged securities fraud between December 1, 2023 and September 10, 2024. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra-1/rentokil-initial-plc ...