Last checked at 19 Dec 2016 07:00
RIGHTMOVE PLC - Director/PDMR ShareholdingRIGHTMOVE PLC - Director/PDMR Shareholding
PR Newswire
London, December 18
19 December 2016
RIGHTMOVE PLC
DIRECTOR / PDMR SHAREHOLDING
Rightmove plc (the ‘Company’) has received the following notifications from Nick McKittrick, Chief Executive Officer, and Peter Brooks-Johnson, Chief Operating Officer.
Nick McKittrick confirmed that, on 16 December 2016, he exercised his right to acquire 9,224 deferred shares awarded at nil cost in March 2014 in respect of his 2013 financial year bonus ahead of the last exercise date of 3 March 2017. He subsequently sold 4,353 of the ordinary shares received in order to satisfy the taxation liability arising thereon, at an average price of 3748.796p per share and retained the balance being 4,871 ordinary shares. The number of ordinary shares sold represented 0.0047% of the ordinary shares in issue (less shares held in treasury) prior to such sale.
Following these transactions, the beneficial shareholding of Nick McKittrick is 146,592 ordinary shares representing 0.1571% of the ordinary shares in issue (excluding shares held in treasury). He also holds executive and Sharesave options over 280,515 ordinary shares, deferred share awards over 15,447 ordinary shares and 113,530 performance shares.
Peter Brooks-Johnson confirmed that, on 16 December 2016, he exercised his right to acquire 24,879 performance shares awarded at nil cost in May 2012 ahead of the last exercise date of 1 March 2017. These include rolled up dividend payments of 928 shares. He subsequently sold 11,743 of the ordinary shares received in order to satisfy the taxation liability arising thereon, at an average price of 3743.726p per share and retained the balance being 13,136 ordinary shares. The number of ordinary shares sold represented 0.0126% of the ordinary shares in issue (less shares held in treasury) prior to such sale.
Peter Brooks-Johnson also confirmed that, on 16 December 2016, he exercised his right to acquire 6,918 deferred shares awarded at nil cost in March 2014 in respect of his 2013 financial year bonus ahead of the last exercise date of 3 March 2017. He subsequently sold 3,266 of the ordinary shares received in order to satisfy the taxation liability arising thereon, at an average price of 3748.796p per share and retained the balance being 3,652 ordinary shares. The number of ordinary shares sold represented 0.0035% of the ordinary shares in issue (less shares held in treasury) prior to such sale.
Following these transactions, the beneficial shareholding of Peter Brooks-Johnson is 55,146 ordinary shares representing 0.0591% of the ordinary shares in issue (excluding shares held in treasury). He also holds executive and Sharesave options over 267,599 ordinary shares, deferred share awards over 12,937 ordinary shares and 92,257 performance shares.
Name and contact number for enquiries:
Sandra Odell
Company Secretary
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 | Nick McKittrick | ||||
| 2. | Reason for notification | |||||
| a) | Position/status | Chief Executive Officer | ||||
| b) | Initial Notification/Amendment | Initial notification | ||||
| 3. | Details of the issuer | |||||
| a) | Name | Rightmove plc | ||||
| 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 eachGB00B2987V85 | ||||
| b) | Nature of transaction |
| ||||
| c) | Prices and volumes | Price | Volume | Total | ||
| 1. | GBP37.48796 | 4,353 | GBP163,185.09 | |||
| 2. | GBP0 | 4,871 | GBP0 | |||
| d) | Aggregated information | Price | Volume | Total | ||
| GBP17.691 | 9,224 | GBP163,185.09 | ||||
| e) | Date of transaction | 16 December 2016 | ||||
| f) | Place of transaction | London Stock Exchange (XLON) | ||||
| 1. | Details of the person discharging managerial responsibilities/person closely associated | ||||
| a) | Name | Peter Brooks-Johnson | |||
| 2. | Reason for notification | ||||
| a) | Position/status | Chief Operating Officer | |||
| b) | Initial Notification/Amendment | Initial notification | |||
| 3. | Details of the issuer | ||||
| a) | Name | Rightmove plc | |||
| 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 | 1. Sale of Deferred Shares to meet tax liabillity2. Retention of balance of Deferred Shares3. Sale of Performance Shares to meet tax liability4. Retention of balance of Performance Sharesas described above. | |||
| c) | Prices and volumes | Price | Volume | Total | |
| 1. | GBP37.48796 | 3,266 | GBP122,435.68 | ||
| 2. | GBP0 | 3,652 | GBP0 | ||
| 3. | GBP37.43726 | 11,743 | GBP439,625.74 | ||
| 4. | GBP0 | 13,136 | GBP0 | ||
| d) | Aggregated sales information | Price | Volume | Total | |
| GBP17.677 | 31,797 | GBP562,061.42 | |||
| e) | Date of transaction | 16 December 2016 | |||
| f) | Place of transaction | London Stock Exchange (XLON) | |||