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Reckitt Benckiser Gp (RB.)

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Tuesday 03 March, 2020

Reckitt Benckiser Gp

Director/PDMR Shareholding

RNS Number : 8998E
Reckitt Benckiser Group PLC
03 March 2020
 

3 March 2020

 

RECKITT BENCKISER GROUP PLC

 DIRECTOR/PDMR SHAREHOLDING

 

Reckitt Benckiser Group plc (the "Company" or "RB") announces the following change in the interests of a Director in ordinary shares of 10 pence each in the share capital of the Company ("Shares").

 

The Company was notified on 3 March 2020 that Laxman Narasimhan, Chief Executive Officer, purchased a total of 17,241 Shares on 3 March 2020 at a price of £58.00 per share. This equates to an investment of

c.£1m in RB.

 

Following this initial investment by Mr Narasimhan, he has a beneficial holding of 17,241 Shares in the Company, representing 0.0024% of the total voting rights of the Company. 

 

The Company also wishes to announce that Jeff Carr, who it was previously announced will join RB as Chief Financial Officer and Executive Director on or before 9 April 2020, purchased 20,000 Shares on 2 March 2020 at a price of £57.48 per share.

 

The following notification in respect of Laxman Narasimhan's purchase is 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

Laxman Narasimhan

2

Reason for the notification

a)

Position/status

Chief Executive 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

b)

Nature of the transaction

Purchase of shares

c)

Price(s) and volume(s)

Price(s)

Volume(s)

GBP 58.00

17,241

 

d)

Aggregated information

Aggregated volume

Price

Aggregate Price

Aggregate Volume

Aggregate Total

GBP 58.00

17,241

GBP 999,978.00

 

 

 

e)

Date of the transaction

2020-03-03

f)

Place of the transaction

London Stock Exchange, Main Market - XLON

 

 

 

 

For further Information:
 

John Dawson / Richard Joyce  Tel. +44 (0)1753 217 800

SVP, Investor Relations

 

Rupert Bondy

General Counsel & Company Secretary

 

Reckitt Benckiser Group plc's LEI code is 5493003JFSMOJG48V108

 

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
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