5 Sep 2016 11:57
5 September 2016
RECKITT BENCKISER GROUP PLC
("RB" or the "Company")
DIRECTOR/PDMR SHAREHOLDING
Notification of a transaction by a Person Discharging Managerial Responsibility ("PDMR") in ordinary shares of 10 pence each in the share capital of the Company ("Shares").
On 2 September 2016 employees were granted options under the Reckitt Benckiser Group 2015 Savings Related Share Option Plan (the "Sharesave Plan") with an exercise price of £58.86. No consideration is payable for the grant of an option. The options are granted in conjunction with the entering into of a three or five year savings plan.
The Company announces that Rakesh Kapoor, Chief Executive Officer, elected to participate in the 2016 offer under the Sharesave Plan and was granted 509 options, which will become exercisable after five years, on 1 February 2022.
The attached notification, made in accordance with the requirements of the EU Market Abuse Regulation, gives further detail.
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 | Chief Executive Officer / Director and a PDMR | ||||||
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 | Ordinary Shares of 10p each in Reckitt Benckiser Group plc ("Shares") GB00B24CGK77 | ||||||
b) | Nature of the transaction | Grant of options under the Reckitt Benckiser Group 2015 Savings Related Share Option Plan | ||||||
c) | Price(s) and volume(s) |
| ||||||
d) | Aggregated information - Aggregated volume - Price | N/A | ||||||
e) | Date of the transaction | 2016-09-2. | ||||||
f) | Place of the transaction | N/A |
For further Information:Christine Logan
Company SecretaryTel +44 (0) 1753 217 800
About RB:
RB* is the world's leading consumer health and hygiene company. The company has operations in over 60 countries, with headquarters in London, Dubai and Amsterdam, and sales in most countries across the globe. The company employs approximately 37,000 people worldwide.
Inspired by a purpose to deliver innovative solutions for healthier lives and happier homes, RB is in the top 20 companies listed on the London Stock Exchange. We are the global No 1 or No 2 in the majority of our fast-growing categories, driven by an exceptional focus on innovation. Our health, hygiene and home portfolio is led by our global Powerbrands including Nurofen, Strepsils, Gaviscon, Mucinex, Durex, Scholl, Clearasil, Lysol, Dettol, Veet, Harpic, Cillit Bang, Mortein, Finish, Vanish, Calgon, Air Wick, Woolite and French's. Our Powerbrands represent 80% of net revenue.
RB is redefining the world of consumer health and hygiene. Our people and unique culture are at the heart of our success. We have a drive for achievement and a passion to outperform wherever we focus, including sustainability where we are targeting a 1/3 reduction in water impact, 1/3 reduction in carbon and 1/3 of net revenue from more sustainable products. We are proud to be Save the Children's largest global partner, with a new vision to radically reduce one of the world's largest killers of under 5s, diarrhoea.
For more information visit www.rb.com
*RB is the trading name of the Reckitt Benckiser group of companies