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Transaction in Own Shares

2 Sep 2014 07:00

RNS Number : 5656Q
Reckitt Benckiser Group PLC
01 September 2014
 



1st September 2014

For immediate release

 

Reckitt Benckiser Group plc

Share Repurchase Programme

 

 

 

Reckitt Benckiser Group plc ("RB") announces that, pursuant to the share repurchase programme of RB's ordinary shares of 10 pence each (the "Ordinary Shares") announced on 30th May 2014 (the "Programme"), it has entered into an irrevocable, non-discretionary arrangement with Morgan Stanley & Co. International PLC ("Morgan Stanley") to enable the purchase of Ordinary Shares during the period running from 2nd September 2014 and ending no later than 28th October 2014, therefore running through RB's close period of 1 - 20 October.

 

Any purchase of Ordinary Shares done in relation to this announcement will be carried out on the London Stock Exchange and executed in accordance with the Listing Rules and RB's general authority to make market purchases of Shares. RB will announce any market repurchase of Ordinary Shares no later than 7.30 a.m. on the business day following the calendar day on which the repurchase occurred. Ordinary Shares purchased under the Programme will be held in treasury.

Morgan Stanley may undertake transactions in Shares (which may include sales and hedging activities, in addition to purchases) in order to manage its market exposure under the Programme. Morgan Stanley will make any disclosures it is legally required to make in relation to such transactions.

 

 

Contact:

Elizabeth Richardson, Company Secretary

Reckitt Benckiser Group plc,

 01753 217800

 

This announcement does not constitute, or form part of, an offer or any solicitation of an offer for securities in any jurisdiction.

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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