1 Dec 2017 10:07
RECKITT BENCKISER GROUP PLC
DIRECTOR/PDMR SHAREHOLDINGS
Reckitt Benckiser Group plc (the "Company" or "RB") announces the following changes in the interests of Directors and Person Discharging Managerial Responsibility ("PDMR") in ordinary shares of 10 pence each in the share capital of the Company ("Shares").
Reckitt Benckiser Group 2015 Long Term Incentive Plan (the "LTIP")
On 30 November 2017, an award was made under the LTIP to the Directors and PDMR listed below:
Name | Director /PDMR | Number of share options | Number of Shares under conditional award |
Rakesh Kapoor | Director | 200,000 | 100,000 |
Adrian Hennah | Director | 76,500 | 38,250 |
Rob de Groot | PDMR | 120,000 | 40,000 |
The number of Shares and options shown is the maximum available if the stretching performance conditions for the three year performance period ending on 31 December 2020 are satisfied in full. Further details of the performance targets will be set out in the Company's 2017 Annual Report. Options will be exercisable at £64.99 per share.
There will be no retesting of these awards. No consideration was paid for the grant of the awards.
The following notifications are made in accordance with the requirements of the EU Market Abuse Regulation.
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM |
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Rakesh Kapoor | ||||
2 | Reason for the notification | |||||
a) | Position/status | Director - Chief Executive Officer | ||||
b) | Initial notification/Amendment | Initial notification | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Reckitt Benckiser Group plc | ||||
b) | LEI | 5493003JFSMOJG48V108 | ||||
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
a) | Description of the financial instrument, type of instrument Identification code | Share options and conditional share awards over ordinary shares of 10p each in Reckitt Benckiser Group plc GB00B24CGK77 - ID code for ordinary shares | ||||
b) | Nature of the transaction | Grant for nil consideration under the Reckitt Benckiser Group 2015 Long-Term Incentive Plan of 1. share options, and 2. shares under conditional award | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price | N/A | ||||
e) | Date of the transaction | 2017-11-30 | ||||
f) | Place of the transaction | Outside of a trading venue. | ||||
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Adrian Hennah | ||||
2 | Reason for the notification | |||||
a) | Position/status | Director - Chief Financial Officer | ||||
b) | Initial notification/Amendment | Initial notification | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Reckitt Benckiser Group plc | ||||
b) | LEI | 5493003JFSMOJG48V108 | ||||
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
a) | Description of the financial instrument, type of instrument Identification code | Share options and conditional share awards over ordinary shares of 10p each in Reckitt Benckiser Group plc GB00B24CGK77 - ID code for ordinary shares | ||||
b) | Nature of the transaction | Grant for nil consideration under the Reckitt Benckiser Group 2015 Long-Term Incentive Plan of 1. share options, and 2. shares under conditional award | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price | N/A | ||||
e) | Date of the transaction | 2017-11-30 | ||||
f) | Place of the transaction | Outside of a trading venue. | ||||
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Rob de Groot | ||||
2 | Reason for the notification | |||||
a) | Position/status | PDMR - Area EVP, ENA | ||||
b) | Initial notification/Amendment | Initial notification | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Reckitt Benckiser Group plc | ||||
b) | LEI | 5493003JFSMOJG48V108 | ||||
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
a) | Description of the financial instrument, type of instrument Identification code | Share options and conditional share awards over ordinary shares of 10p each in Reckitt Benckiser Group plc GB00B24CGK77 - ID code for ordinary shares | ||||
b) | Nature of the transaction | Grant for nil consideration under the Reckitt Benckiser Group 2015 Long-Term Incentive Plan of 1. share options, and 2. shares under conditional award | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price | N/A | ||||
e) | Date of the transaction | 2017-11-30 | ||||
f) | Place of the transaction | Outside of a trading venue. | ||||
For further Information:Christine Logan
Deputy Company SecretaryTel +44 (0) 1753 217 800
Richard Joyce
SVP, Investor Relations
Tel. +44 (0)1753 217 800
Reckitt Benckiser Group plc's LEI code is 5493003JFSMOJG48V108
About RB:
RB* is the global leading consumer health and hygiene company. Driven by a purpose of providing innovative solutions for healthier lives and happier homes, RB has operations in over 60 countries. From the foundations of wellness and infant nutrition, to the fundamentals of a hygienic home, its global brands help people live healthier, happier lives.
RB has world leading Powerbrands which include household names such as Enfamil, Nutramigen, Nurofen, Strepsils, Gaviscon, Mucinex, Durex, Scholl, Clearasil, Lysol, Dettol, Veet, Harpic, Cillit Bang, Mortein, Finish, Vanish, Calgon, Woolite and Air Wick.
RB's unique culture is at the heart of its success. Its drive to achieve, passion to outperform and commitment to quality and scientific excellence is manifested in the work of over 40,000 employees worldwide.
For more information visit www.rb.com
*RB is the trading name of the Reckitt Benckiser group of companies