Reckitt Benckiser Group PLC Share Repurchase Programme (1056N)

TIDMRB.

RNS Number : 1056N

Reckitt Benckiser Group PLC

20 October 2016

20th October 2016

For immediate release

Reckitt Benckiser Group plc

Share Repurchase Programme

On 30 December 2015 Reckitt Benckiser Group plc ("RB" or the "Company") announced the commencement of the 2016 share repurchase programme of the Company's ordinary shares of ten pence each (the "Ordinary Shares") for up to a maximum consideration of GBP800m (the "Programme").

In continuation of the Programme, RB today announces that it has entered into an irrevocable, non-discretionary arrangement with Morgan Stanley & Co. International PLC ("Morgan Stanley") to enable the purchase, within certain pre-set parameters, of up to a maximum of 5,000,000 Ordinary Shares during the period running from 21 October 2016 and expected to end by 9 December 2016 but ending no later than 14 December 2016. Morgan Stanley will make its trading decisions in relation to the purchase of the Company's securities independently of, and uninfluenced by, the Company.

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

Contact:

Christine Logan

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

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October 20, 2016 11:46 ET (15:46 GMT)