9 May 2017 18:03
RIGHTMOVE PLC - Director/PDMR ShareholdingRIGHTMOVE PLC - Director/PDMR Shareholding
PR Newswire
London, May 9
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 | ||
Rightmove (RMV)