2 Dec 2016 16:00
2 December 2016
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 1 December 2016 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 | 300,000 | 150,000 |
Adrian Hennah | Director | 76,500 | 38,250 |
Rob de Groot | PDMR | 80,000 | 40,000 |
Frederic Larmuseau | PDMR | 64,000 | 32,000 |
Roberto Funari | PDMR | 64,000 | 32,000 |
Amedeo Fasano | PDMR | 64,000 | 32,000 |
Deborah Yates | PDMR | 36,000 | 18,000 |
Darrell Stein | PDMR | 36,000 | 18,000 |
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 2019 are satisfied in full. Further details of the performance targets will be set out in the Company's 2016 Annual Report. Options will be exercisable at £67.68 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 | 2016-12-01 | ||||
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 | 2016-12-01 | ||||
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 | 2016-12-01 | ||||
f) | Place of the transaction | Outside of a trading venue. | ||||
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 | 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 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 | 2016-12-01 | ||||
f) | Place of the transaction | Outside of a trading venue. | ||||
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Roberto Funari | ||||
2 | Reason for the notification | |||||
a) | Position/status | PDMR - EVP Category Development Organisation | ||||
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 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 | 2016-12-01 | ||||
f) | Place of the transaction | Outside of a trading venue. | ||||
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Amedeo Fasano | ||||
2 | Reason for the notification | |||||
a) | Position/status | PDMR - EVP Global Supply | ||||
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 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 | 2016-12-01 | ||||
f) | Place of the transaction | Outside of a trading venue. | ||||
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Deborah Yates | ||||
2 | Reason for the notification | |||||
a) | Position/status | PDMR - SVP Human Resources | ||||
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 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 | 2016-12-01 | ||||
f) | Place of the transaction | Outside of a trading venue. | ||||
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Darrell Stein | ||||
2 | Reason for the notification | |||||
a) | Position/status | PDMR - SVP Information Services | ||||
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 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 | 2016-12-01 | ||||
f) | Place of the transaction | Outside of a trading venue. | ||||
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