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 |