Reckitt Benckiser Group PLC — Director's Dealing 2023

May 31, 2023

National Storage Mechanism | Additional information

RNS Number : 1940B

Reckitt Benckiser Group PLC

31 May 2023

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/

Amendment

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)

Price(s)	Volume(s)
Nil	40,000

d)

Aggregated information

-      Aggregated volume

-       Price

Aggregate Price	Aggregate Volume	Aggregate Total
Nil	40,000	Nil

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)

Price(s)	Volume(s)
£62.90859	19,203

d)

Aggregated information

-      Aggregated volume

-       Price

Aggregate Price	Aggregate Volume	Aggregate Total
£62.90859	19,203	£1,208,033.65

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/

Amendment

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)

Price(s)	Volume(s)
Nil	25,000

d)

Aggregated information

-       Aggregated   volume

-       Price

Aggregate Price	Aggregate Volume	Aggregate Total
Nil	25,000	Nil

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)

Price(s)	Volume(s)
£62.90859	12,842

d)

Aggregated information

-       Aggregated volume

-       Price

Aggregate Price	Aggregate Volume	Aggregate Total
£62.90859	12,842	£807,872.11

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/

Amendment

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

c)

Price(s) and volume(s)

Price(s)	Volume(s)
Nil	25,000

d)

Aggregated information

-       Aggregated   volume

-       Price

Aggregate Price	Aggregate Volume	Aggregate Total
Nil	25,000	Nil

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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