1st Jun 2017 11:08
RIGHTMOVE PLC - Director/PDMR ShareholdingRIGHTMOVE PLC - Director/PDMR Shareholding
PR Newswire
London, June 1
1 June 2017
RIGHTMOVE PLC
DIRECTOR / PDMR SHAREHOLDING
Rightmove plc (the ‘Company’) has received the following notification from Robyn Perriss, Finance Director.
On 31 May 2017, Robyn Perriss exercised her right to acquire 4,999 deferred shares awarded at nil cost in March 2015 in respect of her 2014 financial year bonus. She subsequently sold 3,674 of the ordinary shares received, at an average price of 4312.354p per share, and retained 1,325 ordinary shares. The number of ordinary shares sold represented 0.004% of the ordinary shares in issue (less shares held in treasury) prior to such sale.
On 31 May 2017, Robyn Perriss exercised her right to acquire 20,584 performance shares awarded at nil cost in May 2014. These include rolled up dividend payments of 697 shares. She subsequently sold 15,129 of the ordinary shares received, at an average price of 4326.289p per share and retained 5,455 ordinary shares. The number of ordinary shares sold represented 0.016% of the ordinary shares in issue (less shares held in treasury) prior to such sale.
Following these transactions, the beneficial shareholding of Robyn Perriss is 17,868 ordinary shares representing 0.019% of the ordinary shares in issue (excluding shares held in treasury). This brings the value of Robyn’s shareholding to over 200% of her base salary, in line with Rightmove’s recently approved Remuneration Policy.
Robyn also holds a Sharesave option over 912 ordinary shares, deferred share awards over 10,092 ordinary shares and 49,970 performance shares.
Name and contact number for enquiries:
Sandra Odell
Company Secretary
01908 712058
NOTIFICATION OF TRANSACTIONS BY
PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES
| 1. | Details of the person discharging managerial responsibilities/person closely associated | ||||
| a) | Name | Robyn Perriss | |||
| 2. | Reason for notification | ||||
| a) | Position/status | Finance Director | |||
| 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 | Exercise of options and: 1. Sale of Deferred Shares to cover tax and 50% of balance 2. Acquisition of remaining Deferred Shares 3. Sale of Performance Shares to cover tax and 50% of balance 4. Acquisition of remaining Performance Sharesas described above. | |||
| c) | Prices and volumes | Price | Volume | Total | |
| 1. | GBP43.123544 | 3,674 | GBP158,435.90 | ||
| 2. | 0 | 1,325 | 0 | ||
| 3. | GBP43.262894 | 15,129 | GBP654,524.32 | ||
| 4. | 0 | 5,455 | 0 | ||
| d) | Aggregated information: Transactions reported individually, not in aggregate. | Price | Volume | Total | |
| - | - | - | |||
| e) | Date of transaction | 31 May 2017 | |||
| f) | Place of transaction | London Stock Exchange (XLON) | |||
Related Shares:
Rightmove