Haleon Plc current report, Q2 FY2023

Haleon plc Form 6-K Summary

Business Context and Reporting Period

Haleon plc filed Form 6-K for April 2023, dated April 3, 2023. The filing contains a UK Market Abuse Regulation notification concerning a transaction by Mairéad Nayager, Chief Human Resources Officer and a person discharging managerial responsibilities.

Transaction Details

ItemDetails
InstrumentOrdinary shares of £0.01 each; ISIN GB00BMX86B70
Transaction dateApril 1, 2023
Transaction venueOutside a trading venue
Notional shares206,176
Reference price£3.2200 per share
Deferred Investment Award payment£663,886.72, less applicable tax withholding
Dividend-equivalent payment£4,948.22, less applicable tax withholding

The payment followed the vesting of one-third of a cash-based Deferred Investment Award linked to the price of Haleon ordinary shares. The award was settled in cash rather than by delivery of shares.

Financial Metrics and Material Changes

The filing does not provide revenue, profit, cash flow, margin, debt, liquidity, guidance, or other operating and financial performance metrics. It does not report a material change in Haleon's business or financial condition versus a prior comparable period.

Outlook, Risks, and Unusual Items

The filing contains no management outlook or business-risk discussion. The disclosed award settlement and dividend-equivalent payment are the principal unusual items; applicable tax withholding will reduce the amounts received by the PDMR.

Investor Verification Items

  • Verify that the payment relates to the April 1, 2023 vesting of one-third of the Deferred Investment Award.
  • Confirm the 206,176 notional-share reference and £3.2200 reference price.
  • Confirm the gross award and dividend-equivalent amounts and the applicable tax withholding.
  • Assess any related disclosure in Haleon's annual report or other remuneration filings.