3 Dec 2015 12:10
3 December 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 ("Shares").
Reckitt Benckiser Group 2015 Long Term incentive Plan (the "LTIP")
On 2 December 2015, an award was made under the LTIP to the Directors and PDMRs listed below:
Name | Director /PDMR | Number of share options | Number of Shares under conditional award |
Rakesh Kapoor | Director | 400,000 | 240,000 |
Adrian Hennah | Director | 90,000 | 45,000 |
Amedeo Fasano | PDMR | 80,000 | 40,000 |
Robert Funari | PDMR | 80,000 | 40,000 |
Rob de Groot | PDMR | 150,000 | 50,000 |
Frederic Larmuseau | PDMR | 120,000 | 40,000 |
Darrell Stein | PDMR | 45,000 | 22,500 |
Deborah Yates | PDMR | 45,000 | 22,500 |
The LTIP was approved by shareholders at the Company's Annual General Meeting held on 7 May 2015. 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 2018 are satisfied in full, and are in accordance with the Company's remuneration policy. Options will be exercisable at £63.25 per Share.
There will be no retesting of these awards. No consideration was paid for the grant of the awards.
The total number of share options and conditional share awards held by each Director and PDMR following receipt of these awards is as follows:
Name | Number of share options | Number of Shares under conditional award |
Rakesh Kapoor | 1,787,865 (incl. 796 sharesave share options) | 932,415 |
Adrian Hennah | 365,770 (incl. 710 sharesave share options) | 182,540 |
Amedeo Fasano | 625,267 (incl. 528 sharesave share options) | 167,399 |
Robert Funari | 242,627 (incl. 369 sharesave share options) | 121,129 |
Rob de Groot | 960,117
| 213,104 |
Frederic Larmuseau | 444,206
| 159,688 |
Darrell Stein | 136,623 (incl. 369 sharesave share options) | 78,418 |
Deborah Yates | 86,877 (incl. 369 sharesave share options) | 45,079 |
For further Information:
Christine Logan
Company SecretaryTelephone +44 (0) 1753 217 800