9 May
2017
RIGHTMOVE PLC
DIRECTOR/PDMR
SHAREHOLDING
Rightmove plc (the ‘Company’), confirms that the Remuneration
Committee has today approved an additional award of Nil cost
performance shares to Peter
Brooks-Johnson, on his promotion to Chief Executive Officer
(the ‘top-up award’).
The top-up award is over 3,457 ordinary shares of 1p each, in
order to reflect the increase in his base salary from £373,136 to
£445,536. The performance shares are exercisable for a period
of 2 years from 9 May 2020 and are
subject to the same performance criteria as the original award.
Following this transaction, the beneficial shareholding of
Peter Brooks-Johnson is 55,146
ordinary shares representing 0.06% of the ordinary shares in issue
(excluding shares held in treasury). Peter
Brooks-Johnson also holds executive and Sharesave options
over 267,599 ordinary shares, deferred share awards over 19,078
ordinary shares and 114,405 performance shares.
Ends
Name and contact number for queries:
Sandra Odell, Company
Secretary
Telephone: 01908 712058
NOTIFICATION AND PUBLIC DISCLOSURE OF
TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES
1. |
Details of the person
discharging managerial responsibilities/person closely
associated |
a) |
Name |
Peter
Brooks-Johnson |
2. |
Reason for
notification |
a) |
Position/status |
Director and Chief
Executive Officer |
b) |
Initial Notification/Amendment |
Initial
notification |
3. |
Details of the
issuer |
a) |
Name |
Rightmove plc |
b) |
Legal Entity Identifier |
2138001JXGCFKBXYB828 |
4. |
Details of the
transaction: 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
financial instrument
Identification code: |
Ordinary
Shares of 1p each
GB00B2987V85 |
b) |
Nature of
transaction |
Award of nil cost Performance Shares
as described above. |
c) |
Prices and
volumes |
Price |
Volume |
Total |
GBP0 |
3,457 |
GBP0 |
d) |
Aggregated
information (single transaction) |
Price |
Volume |
Total |
GBP0 |
3,457 |
GBP0 |
e) |
Date of transaction |
9 May 2017 |
f) |
Place of transaction |
London |