25th Jun 2014 16:44
LONDON (Alliance News) - Reckitt Benckiser Group PLC said Wednesday that Chief Executive Rakesh Kapoor had exercised options over 216,000 shares, and subsequently sold 168,631 shares to cover option costs and tax liability.
Kapoor exercised options over 90,000 shares at 2,729 pence, 90,000 at 3,165 pence and 36,000 at 3,464 pence. Kapoor then sold 168,631 shares at 5,197.05 pence.
Following this transaction, Kapoor's interest in the company is less than 1%.
Shares in Reckitt Benckiser closed down 1.5% at 5,125.00 pence Wednesday.
By Hana Stewart-Smith; [email protected]; @hanassallnews
Copyright 2014 Alliance News Limited. All Rights Reserved.
Related Shares:
RB..L