16th Mar 2006 17:09
Rightmove Plc16 March 2006 Rightmove plc16 March 2006 NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIALRESPONSIBILITY OR CONNECTED PERSONS For the purposes of section 329 of the Companies Act 1985 and Paragraph 3.1.4Rof the Disclosure Rules, Rightmove plc (the "Company") announces that: (1) on 16 March 2006 the following directors of the Company acquired ordinaryshares of 1p each in the capital of the Company ("Ordinary Shares") at a priceper share of 335p: Name of Director No. of Ordinary Shares Percentage of the purchased Company's issued share capitalJonathan Agnew 40,298(a) 0.03%Nigel Cooper 35,820 0.03% As a result of these acquisitions, the respective interests in Ordinary Sharesof Mr Agnew and Mr Cooper are as set out above; (2) the following directors and Persons Discharging Managerial Responsibility("PDMR") of the Company have been granted options to acquire Ordinary Sharesunder the rules of the Rightmove Approved Executive Share Option Plan (the"Approved Plan") and the Rightmove Unapproved Executive Share Option Plan (the"Unapproved Plan") Name of Director No. of Ordinary Shares Total number of granted under option Ordinary Shares over which options are heldScott Forbes 1,988,729(b) 1,988,729Ed Williams 1,988,729(c) 3,510,029Nick McKittrick 994,364(c) 1,984,364Graham Zacharias 994,364(c) 994,364 Name of PDMR No. of Ordinary Shares Total number of granted under option Ordinary Shares over which options are heldPaul Creffield 397,746(c) 397,746Scott Marshall 265,164(c) 265,164Justin Figgins 265,164(c) 265,164Miles Shipside 265,164(c) 1,255,164 Options under the Approved Plan were granted on 14 March 2006 and areexercisable at 410p per Ordinary Share. Options under the Unapproved Plan weregranted on 15 March 2006 and are exercisable at an exercise price of 335p perOrdinary Share. No amount was payable in respect of the grant of any of theseoptions. Options granted under the Approved Plan to the directors and PDMRs specifiedabove are normally exercisable in three equal (so far as practicable) tranchescommencing on the third, fourth and fifth anniversary of 14 March 2006. Optionsgranted under the Unapproved Plan to the directors and PDMRs specified above(other than Scott Forbes) are normally exercisable in three equal (so far aspracticable) tranches commencing on the third, fourth and fifth anniversary of15 March 2006. The options granted to Scott Forbes under the Unapproved Plan are normallyexercisable in three equal (so far as practicable) tranches commencing on thefirst, second and third anniversary of 15 March 2006; (3) on 15 March 2006, in accordance with the offer made pursuant to theprospectus published by the Company on 22 February 2006, the following directorsand PDMR of the Company sold Ordinary Shares at 335p per Ordinary Share: Name of No. of No. of Ordinary Percentage of theDirector Ordinary Shares held Company's issued Shares sold after sale share capital after saleEd Williams 970,200 1,185,800 0.9%Nick McKittrick 689,333 388,667 0.3% Name of PDMR No. of No. of Ordinary Percentage of the Ordinary Shares held Company's issued Shares sold after sale share capital after saleMiles Shipside 689,333 388,667 0.3% (4) on 15 March 2006, Scott Marshall, a PDMR, exercised options over 774,400Ordinary Shares at an aggregate exercise price of £124,952.96. These optionswere granted to Mr Marshall on 30 July 2004 under the Company's EnterpriseManagement Scheme. As a result of the exercise of these options, Mr Marshall'sinterest in Ordinary Shares (excluding the options granted under the ApprovedPlan and Unapproved Plan outlined above) is 774,400 Ordinary Shares representing0.6 per cent. of the Company's issued share capital. Notes: All calculations are based on the Company having 129,156,718 Ordinary Sharesin issue after the completion of the transactions referred to in thisnotification and other exercises of options under the Company's EnterpriseManagement Scheme. (a) 30,000 Ordinary Shares are held beneficially by Mr Agnew's wife, with theremainder held by Mr Agnew. (b) All options granted pursuant to the Unapproved Plan. (c) 7,317 Ordinary Shares are subject to an option granted pursuant to theApproved Plan, with the remainder being subject to an option granted pursuant tothe Unapproved Plan. Graham ZachariasCompany Secretary 16 March 2006 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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