6 Jan 2015 16:00
6 January 2015
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 Persons Discharging Managerial Responsibility ("PDMR") in ordinary shares of 10 pence each in the share capital of the Company.
Adjustments have been made to certain options and awards granted under the Company's share plans following the demerger of RB's pharmaceuticals business, which was completed with the admission of Indivior PLC to the London Stock Exchange on 23 December 2014. Shareholders in the Company received one ordinary share in Indivior PLC for every share held in RB.
1. There were no changes to shares held beneficially by Directors and PDMRs.
2. The Company made adjustments to the following unapproved options granted under The Reckitt Benckiser 1999 Share Option Plan, the Reckitt Benckiser Long-Tern Incentive Plan 2006 and The Reckitt Benckiser Group 2007 Long-term Incentive Plan for the following Directors and PDMRs:
Name | Director/ PDMR | Date of Grant | Number of Shares under option before adjustment | Option Price before adjustment | Number of Shares under option following adjustment | Adjusted Option Price
| |||||
Rakesh Kapoor |
Director | 05-Dec-11 | 400,000 | £32.09 | 411,286 | £31.20 | |||||
03-Dec-12 | 400,000 | £39.14 | 411,286 | £38.06 | |||||||
11-Dec-13 | 399,373 | £47.83 | 410,642 | £46.51 | |||||||
Adrian Hennah |
Director | 13-Feb-13 | 89,296 | £42.61 | 91,816 | £41.44 | |||||
11-Dec-13 | 90,000 | £47.83 | 92,540 | £46.51 | |||||||
Heather Allen | PDMR | 08-Dec-08 | 14,000 | £27.29 | 14,396 | £26.54 | |||||
07-Dec-09 | 28,000 | £31.65 | 28,791 | £30.78 | |||||||
01-Dec-10 | 32,734 | £34.64 | 33,658 | £33.68 | |||||||
05-Dec-11 | 60,000 | £32.09 | 61,693 | £31.20 | |||||||
03-Dec-12 | 90,000 | £39.14 | 92,540 | £38.06 | |||||||
11-Dec-13 | 80,000 | £47.83 | 82,258 | £46.51 | |||||||
Rob De Groot |
PDMR | 05-Dec-05 | 15,000 | £18.10 | 15,424 | £17.60 | |||||
08-Dec-06 | 35,000 | £22.57 | 35,988 | £21.95 | |||||||
11-Dec-07 | 35,000 | £29.44 | 35,988 | £28.63 | |||||||
08-Dec-08 | 60,000 | £27.29 | 61,693 | £26.54 | |||||||
07-Dec-09 | 90,000 | £31.65 | 92,540 | £30.78 | |||||||
01-Dec-10 | 108,000 | £34.64 | 111,048 | £33.68 | |||||||
05-Dec-11 | 135,000 | £32.09 | 138,810 | £31.20 | |||||||
03-Dec-12 | 180,000 | £39.14 | 185,079 | £38.06 | |||||||
11-Dec-13 | 150,000 | £47.83 | 154,233 | £46.51 | |||||||
Amedeo Fasano |
PDMR | 11-Dec-07 | 7,000 | £29.44 | 7,198 | £28.63 | |||||
08-Dec-08 | 32,000 | £27.29 | 32,903 | £26.54 | |||||||
07-Dec-09 | 90,000 | £31.65 | 92,540 | £30.78 | |||||||
01-Dec-10 | 72,000 | £34.64 | 74,032 | £33.68 | |||||||
05-Dec-11 | 90,000 | £32.09 | 92,540 | £31.20 | |||||||
03-Dec-12 | 135,000 | £39.14 | 138,810 | £38.06 | |||||||
11-Dec-13 | 79,373 | £47.83 | 81,613 | £46.51 | |||||||
Roberto Funari |
PDMR | 11-Dec-13 | 80,000 | £47.83 | 82,258 | £46.51 | |||||
Frederic Larmuseau |
PDMR | 08-Dec-08 | 13,000 | £27.29 | 13,367 | £26.54 | |||||
07-Dec-09 | 20,500 | £31.65 | 21,079 | £30.78 | |||||||
01-Dec-10 | 28,000 | £34.64 | 28,791 | £33.68 | |||||||
05-Dec-11 | 39,000 | £32.09 | 40,101 | £31.20 | |||||||
03-Dec-12 | 75,000 | £39.14 | 77,117 | £38.06 | |||||||
11-Dec-13 | 80,000 | £47.83 | 82,258 | £46.51 | |||||||
Darrell Stein |
PDMR | 01-Sep-14 | 44,427 | £52.25 | 45,681 | £50.81 | |||||
Deborah Yates |
PDMR | 07-Dec-09 | 1,053 | £31.65 | 1,083 | £30.78 | |||||
01-Dec-10 | 3,000 | £34.64 | 3,085 | £33.68 | |||||||
05-Dec-11 | 3,000 | £32.09 | 3,085 | £31.20 | |||||||
03-Dec-12 | 3,000 | £39.14 | 3,085 | £38.06 | |||||||
11-Dec-13 | 6,000 | £47.83 | 6,170 | £46.51 | |||||||
3. The Company made adjustments to the following unapproved restricted share awards granted under The Reckitt Benckiser Group 2007 Long-term Incentive Plan for the following Directors and PDMRs:
Name | Director/ PDMR | Date of Grant | Number of Shares before adjustment | Number of Shares following adjustment |
Rakesh Kapoor | Director | 05-Dec-11 | 200,000 | 205,643 |
03-Dec-12 | 200,000 | 205,643 | ||
11-Dec-13 | 240,000 | 246,772 | ||
Adrian Hennah | Director | 13-Feb-13 | 45,000 | 46,270 |
11-Dec-13 | 45,000 | 46,270 | ||
Heather Allen | PDMR | 05-Dec-11 | 30,000 | 30,847 |
03-Dec-12 | 45,000 | 46,270 | ||
11-Dec-13 | 40,000 | 41,129 | ||
Rob De Groot |
PDMR | 05-Dec-11 | 60,000 | 61,693 |
03-Dec-12 | 60,000 | 61,693 | ||
11-Dec-13 | 50,000 | 51,411 | ||
Amedeo Fasano |
PDMR | 05-Dec-11 | 45,000 | 46,270 |
03-Dec-12 | 45,000 | 46,270 | ||
11-Dec-13 | 40,000 | 41,129 | ||
Roberto Funari | PDMR | 11-Dec-13 | 40,000 | 41,129 |
Frederic Larmuseau | PDMR | 05-Dec-11 | 19,500 | 20,051 |
03-Dec-12 | 25,000 | 25,706 | ||
03-Dec-12 | 12,500 | 12,853 | ||
11-Dec-13 | 40,000 | 41,129 | ||
Darrell Stein | PDMR | 01-Sep-14 | 22,500 | 23,135 |
01-Sep-14 | 20,000 | 20,565 | ||
Deborah Yates |
PDMR | 01-Dec-10 | 200 | 206 |
05-Dec-11 | 1,000 | 1,029 | ||
03-Dec-12 | 1,000 | 1,029 | ||
11-Dec-13 | 3,000 | 3,085 | ||
11-Dec-13 | 5,000 | 5,142 |
4. The Company made an adjustment to the option price only for the following unapproved options granted on 1 December 2014 under The Reckitt Benckiser Group 2007 Long-term Incentive Plan for the following Directors and PDMRs:
Name | Director/ PDMR | Date of Grant | Number of Shares under Option | Option Price before adjustment | Adjusted Option Price |
Rakesh Kapoor |
Director |
01-Dec-14 |
400,000 |
£52.00 |
£50.57 |
Adrian Hennah |
Director |
01-Dec-14 |
90,000 |
£52.00 |
£50.57 |
Rob De Groot |
PDMR |
01-Dec-14 |
150,000 |
£52.00 |
£50.57 |
Amedeo Fasano |
PDMR |
01-Dec-14 |
80,000 |
£52.00 |
£50.57 |
Roberto Funari |
PDMR |
01-Dec-14 |
80,000 |
£52.00 |
£50.57 |
Frederic Larmuseau |
PDMR |
01-Dec-14 |
120,000 |
£52.00 |
£50.57 |
Darrell Stein |
PDMR |
01-Dec-14 |
45,000 |
£52.00 |
£50.57 |
Deborah Yates |
PDMR |
01-Dec-14 |
25,000 |
£52.00 |
£50.57 |
5. No adjustments were made to any discretionary HM Revenue & Customs approved options, or to any options granted under any of the Company's all-employee share plans.
6. Following the above adjustments, the total number of options and restricted awards (under both approved and unapproved plans) held over shares in the Company by Directors and PDMRs were as follows:
Name | Director /PDMR | Total number of Options and Restricted Awards |
Rakesh Kapoor |
Director | 1,634,637 options (of which 796 granted under the UK sharesave plan) 898,058 restricted shares |
Adrian Hennah |
Director | 275,463 options (of which 403 granted under the UK sharesave plan) 137,540 restricted shares |
Heather Allen |
PDMR | 314,202 options 118,246 restricted shares |
Rob De Groot |
PDMR | 958,000 options 224,797 restricted shares |
Amedeo Fasano |
PDMR | 600,791 options (of which 528 granted under the UK sharesave plan) 173,669 restricted shares |
Roberto Funari |
PDMR | 162,258 options 81,129 restricted shares |
Frederic Larmuseau |
PDMR | 382,713 options 139,739 restricted shares |
Darrell Stein |
PDMR | 91,254 options 66,200 restricted shares |
Deborah Yates |
PDMR | 42,455 options 22,991 restricted shares |
For further Information:
William R Mordan
Company SecretaryTelephone +44 (0) 1753 217 800