Director/PDMR Shareholding
Updated : 21:21
31 May 2023
RECKITT BENCKISER GROUP PLC
DIRECTOR/PDMR SHAREHOLDING
Reckitt Benckiser Group plc (the "Company" or "Reckitt") 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").
Vesting of 2015 Long Term Incentive Plan ("LTIP") share awards
A performance share award of 40,000 shares granted to Jeff Carr under the Reckitt Benckiser Group plc 2015 Long Term Incentive Plan on 1 May 2020 vested on 30 May 2023 in full. 19,203 shares were sold on 30 May 2023 at a price of £62.90859 per share to release sufficient funds to settle resultant tax and social security liabilities arising from the vesting. Following this, 20,797 shares were retained and are subject to a holding period of 2 years after the end of the performance period.
A performance share award of 25,000 shares granted to Kris Licht under the Reckitt Benckiser Group plc 2015 Long Term Incentive Plan on 1 May 2020 vested on 30 May 2023 in full. 12,842 shares were sold on 30 May 2023 at a price of £62.90859 per share to release sufficient funds to settle resultant tax and social security liabilities arising from the vesting. Following this, 12,158 shares were retained and are subject to a holding period of 2 years after the end of the performance period.
A performance share award of 25,000 shares granted to Volker Kuhn under the Reckitt Benckiser Group plc 2015 Long Term Incentive Plan on 3 August 2020 vested on 30 May 2023 in full. The resultant tax and social security liabilities arising from the vesting were settled directly. Following this, 25,000 shares were retained and are subject to a holding period of 2 years after the end of the performance period.
The following notifications are made in accordance with DTR 3.1.2-A, incorporating article 19(1) of the 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 | Jeff Carr | ||||||
2 | Reason for the notification | |||||||
a) | Position/status | Chief Financial Officer | ||||||
b) | Initial notification/ | 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 GB00B24CGK77 - ID code for ordinary shares | ||||||
b) | Nature of the transaction | Vesting/release of share awards granted on 1 May 2020 under the Reckitt Benckiser Group plc 2015 Long Term Incentive Plan | ||||||
c) | Price(s) and volume(s) |
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d) | Aggregated information - Aggregated volume - Price |
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e) | Date of the transaction | 2023-05-30 | ||||||
f) | Place of the transaction | Outside a trading venue | ||||||
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 GB00B24CGK77 - ID code for ordinary shares | ||||||
b) | Nature of the transaction | Sale of shares to settle tax liabilities arising from conditional share award releases | ||||||
c) | Price(s) and volume(s) |
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d) | Aggregated information - Aggregated volume - Price |
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e) | Date of the transaction | 2023-05-30 | ||||||
f) | Place of the transaction | London Stock Exchange, Main Market - XLON |
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||||
a) | Name | Kris Licht | ||||||
2 | Reason for the notification | |||||||
a) | Position/status | CEO Designate | ||||||
b) | Initial notification/ | 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 GB00B24CGK77 - ID code for ordinary shares | ||||||
b) | Nature of the transaction | Vesting/release of share awards granted on 1 May 2020 under the Reckitt Benckiser Group plc 2015 Long Term Incentive Plan
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c) | Price(s) and volume(s) |
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d) | Aggregated information - Aggregated volume - Price |
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e) | Date of the transaction | 2023-05-30 | ||||||
f) | Place of the transaction | Outside a trading venue | ||||||
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 GB00B24CGK77 - ID code for ordinary shares | ||||||
b) | Nature of the transaction | Sale of shares to settle tax liabilities arising from conditional share award releases | ||||||
c) | Price(s) and volume(s) |
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d) | Aggregated information - Aggregated volume - Price |
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e) | Date of the transaction | 2023-05-30 | ||||||
f) | Place of the transaction | London Stock Exchange, Main Market - XLON |
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||||
a) | Name | Volker Kuhn | ||||||
2 | Reason for the notification | |||||||
a) | Position/status | President Hygiene | ||||||
b) | Initial notification/ | 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 GB00B24CGK77 - ID code for ordinary shares | ||||||
b) | Nature of the transaction | Vesting/release of share awards granted on 3 August 2020 under the Reckitt Benckiser Group plc 2015 Long Term Incentive Plan
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c) | Price(s) and volume(s) |
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d) | Aggregated information - Aggregated volume - Price |
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e) | Date of the transaction | 2023-05-30 | ||||||
f) | Place of the transaction | Outside a trading venue |
For further Information:
Catheryn O'Rourke
Company Secretary
Tel +44 (0)1753 217 800
Richard Joyce
Investor Relations Director
Tel +44 (0) 7408 812 062
Reckitt Benckiser Group plc's LEI code is 5493003JFSMOJG48V108
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