Reckitt Benckiser Group PLC Director/PDMR Shareholding (7570I)

TIDMRB.

RNS Number : 7570I

Reckitt Benckiser Group PLC

02 September 2016

2 September 2016

RECKITT BENCKISER GROUP PLC

("RB" or the "Company")

DIRECTOR/PDMR SHAREHOLDING

Notification of a transaction by a Person Discharging Managerial Responsibility ("PDMR") in ordinary shares of 10 pence each in the share capital of the Company ("Shares").

The Company announces that, following vesting and release of a restricted share award over 10,283 shares on 1 September 2016 to Darrell Stein, SVP Information Services, a Person Discharging Managerial Responsibility, 4,843 shares were sold at GBP73.52 per share to cover Mr Stein's tax liabilities and sale costs. Mr Stein retained the remaining Shares.

Following this notification, Mr Stein's shareholding is 11,781 Shares, representing 0.00167% 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                                                      Darrell Stein 
---  --------------------------------------------------------  ------------------------------------------------------- 
 2    Reason for the notification 
---  ----------------------------------------------------------------------------------------------------------------- 
 a)   Position/status                                            PDMR - SVP Information Systems 
---  --------------------------------------------------------  ------------------------------------------------------- 
 b)   Initial notification/                                     Initial notification 
       Amendment 
---  --------------------------------------------------------  ------------------------------------------------------- 
 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          Ordinary Shares of 10p each in Reckitt Benckiser Group 
      instrument                                                plc ("Shares") 
      Identification code                                       GB00B24CGK77 
---  --------------------------------------------------------  ------------------------------------------------------- 
 b)   Nature of the transaction                                 Release of vested restricted share award over 10,283 
                                                                Shares at nil consideration (1) and sale 
                                                                of sufficient shares to meet tax liabilities and sale 
                                                                costs (2). 
---  --------------------------------------------------------  ------------------------------------------------------- 
 c)   Price(s) and volume(s)                                           Price(s)            Volume(s) 
                                                                  ---  ------------------  ---------- 
                                                                   1.   Nil-consideration   10,283 
                                                                  ---  ------------------  ---------- 
                                                                   2.   GBP73.52            4,843 
                                                                  ---  ------------------  ---------- 
---  --------------------------------------------------------  ------------------------------------------------------- 
 d)        Aggregated information                                N/A 
             *    Aggregated volume 
 
 
             *    Price 
---  --------------------------------------------------------  ------------------------------------------------------- 
 e)   Date of the transaction                                    All transactions took place on 2016-09-01. 
---  --------------------------------------------------------  ------------------------------------------------------- 
 f)   Place of the transaction                                  London Stock Exchange, Main Market - XLON 
---  --------------------------------------------------------  ------------------------------------------------------- 
 

For further Information:

Christine Logan

Company Secretary

Tel [phone]

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

This information is provided by RNS

The company news service from the London Stock Exchange

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September 02, 2016 06:30 ET (10:30 GMT)