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12 May 2025 12:04:23
- Source: Sharecast
12 May 2025
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 Kris Licht under the Reckitt Benckiser Group plc 2015 Long Term Incentive Plan on 20 May 2022 vested on 8 May 2025 at 68% (27,200 shares). A further 2,400 shares were accrued by way of a dividend equivalent allocation. Out of the 29,600 shares, 16,581 shares were sold on 9 May 2025 at a price of £48.996227 per share to release sufficient funds to settle resultant tax and social security liabilities arising from the vesting. Following this, 13,019 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.
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1 |
Details of the person discharging managerial responsibilities / person closely associated |
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a) |
Name |
Kris Licht |
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2 |
Reason for the notification |
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a) |
Position/status |
CEO |
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b) |
Initial notification/ |
Initial notification |
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3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
Reckitt Benckiser Group plc |
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b) |
LEI |
5493003JFSMOJG48V108 |
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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 |
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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 |
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b) |
Nature of the transaction |
Vesting/release of share awards granted on 20 May 2022 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 |
2025-05-08 |
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f) |
Place of the transaction |
Outside a trading venue |
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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 |
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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 |
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b) |
Nature of the transaction |
Sale of shares to settle tax liabilities arising from conditional share award releases |
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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 |
2025-05-09 |
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f) |
Place of the transaction |
London Stock Exchange, Main Market - XLON |
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For further Information:
Catheryn O'Rourke
Company Secretary
Tel +44 (0)1753 217 800
Nick Ashworth
Investor Relations Director
Tel +44 (0) 7408 812350
Reckitt Benckiser Group plc's LEI code is 5493003JFSMOJG48V108
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