16 May 2017 17:33
RECKITT BENCKISER GROUP PLC
("RB" or the "Company")
REPLACEMENT RNS:
The following amendment has been made to the Director/PDMR Shareholdings announcement released on 12 May 2017 at 15.27 hrs under RNS No 0454F.
The announcement noted above incorrectly stated Mr Frederic Larmuseau's resultant shareholding as 144,469 Shares. The correct amount was 144,169 Shares.
All other details remain unchanged.
The correct version of the announcement is as below:
DIRECTOR/PDMR SHAREHOLDING
The Company has been notified of the following transaction by a Person Discharging Managerial Responsibility ("PDMR") in ordinary shares of 10 pence each in the share capital of the Company ("Shares").
On 11 May 2017, Frederic Larmuseau, Area EVP Developing Markets, a PDMR, exercised 82,258 share options granted on 11 December 2013 at an option price of £46.51 per share and disposed of all the resulting Shares at £72.729238 per share.
On the same day, Mr Larmuseau sold 39,047 Shares at £72.90 per share.
Following these transactions, Mr Larmuseau's shareholding is 144,169 Shares, representing 0.0205% of the Company's issued share capital. Treasury shares have not been taken into account when calculating this percentage.
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 | Frederic Larmuseau | |||||||||
2 | Reason for the notification | ||||||||||
a) | Position/status | PDMR - Area EVP, Developing Markets | |||||||||
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 | Exercise of share option under the Reckitt Benckiser Group 2007 Long-Term Incentive Plan (the "2007 LTIP") and sale of all of the resulting Shares 1. Acquisition of Shares pursuant to exercise of options under the 2007 LTIP. 2. Disposal of Shares following share option exercise. | |||||||||
c) | Price(s) and volume(s) |
| |||||||||
d) | Aggregated information - Aggregated volume - Price | N/A | |||||||||
e) | Date of the transaction | All transactions took place on 2017-05-11 | |||||||||
f) | Place of the transaction | London Stock Exchange - XLON | |||||||||
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||||
a) | Name | Frederic Larmuseau | ||||||
2 | Reason for the notification | |||||||
a) | Position/status | PDMR - Area EVP, Developing Markets | ||||||
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 | Sale of Shares. | ||||||
c) | Price(s) and volume(s) |
| ||||||
d) | Aggregated information - Aggregated volume - Price | N/A | ||||||
e) | Date of the transaction | All transactions took place on 2017-05-11 | ||||||
f) | Place of the transaction | London Stock Exchange - XLON | ||||||
For further Information:Christine Logan
Deputy 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