Reckitt Benckiser Group PLC Director/PDMR Shareholding (8266Z)

TIDMRB.

RNS Number : 8266Z

Reckitt Benckiser Group PLC

17 March 2017

17 March 2017

RECKITT BENCKISER GROUP PLC

("RB" or the "Company")

DIRECTOR/PDMR SHAREHOLDING

Notification of transactions of Directors/Persons Discharging Managerial Responsibility ("PDMR") in ordinary shares of 10 pence each in the share capital of the Company ("Shares").

On 16 March 2017, Rob de Groot, Area Executive Vice President ENA, a PDMR, exercised 55,524 share options granted on 5 December 2011 at an option price of GBP31.20 per share and disposed of all the resulting Shares at GBP73.3109.

Following this transaction, Mr de Groot's shareholding is 313,675 Shares, representing 0.0448% of the Company's issued share capital. Treasury shares have not been taken into account when calculating this percentage.

The following notification is 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                                                      Rob de Groot 
----  --------------------------------------------------------  ------------------------------------------------------ 
 2     Reason for the notification 
----  ---------------------------------------------------------------------------------------------------------------- 
 a)    Position/status                                            Area EVP, ENA 
----  --------------------------------------------------------  ------------------------------------------------------ 
 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 
       instrument                                                Group plc ("Shares") 
       Identification code                                       GB00B24CGK77 
----  --------------------------------------------------------  ------------------------------------------------------ 
 b)    Nature of the transaction                                 Exercise of share options under the Reckitt Benckiser 
                                                                 Group 2007 Long-Term Incentive Plan 
                                                                 (the "2007 LTIP") and sale of sufficient Shares to 
                                                                 meet Mr de Groot's resultant liabilities 
                                                                 and disposal of balance. 
                                                                 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)                                          Price(s)      Volume(s) 
                                                                       ------------  ---------- 
                                                                    1   GBP 31.20     55,524 
                                                                       ------------  ---------- 
                                                                    2   GBP 73.3109   55,524 
                                                                       ------------  ---------- 
----  --------------------------------------------------------  ------------------------------------------------------ 
 d)         Aggregated information 
              *    Aggregated volume                               - 
 
                                                                   - 
              *    Price 
----  --------------------------------------------------------  ------------------------------------------------------ 
 e)    Date of the transaction                                    2017-03-16 
----  --------------------------------------------------------  ------------------------------------------------------ 
 f)    Place of the transaction                                  London Stock Exchange, Main Market - XLON 
----  --------------------------------------------------------  ------------------------------------------------------ 
 

For further Information:

Christine Logan

Deputy 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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March 17, 2017 07:57 ET (11:57 GMT)