3rd Mar 2020 16:26
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 |
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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
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Related Shares:
RB..L
