25th Mar 2011 17:00
25 March 2011 RIGHTMOVE PLC DIRECTOR/PDMR SHAREHOLDING
On 25 March 2011, Rightmove plc (the "Company"), received notification from the Chairman, Scott Forbes, that he has exercised and sold 500,000 unapproved share options with an exercise price of 335p in connection with tax planning and payment. The ordinary shares of 1p each in the Company ("ordinary shares") were sold at an average price of 962.2669p per share. The number of ordinary shares sold represented 0.446% of the ordinary shares in issue (less shares held in treasury) prior to such sale.
Following this transaction, the beneficial shareholding of Scott Forbes is 619,000 ordinary shares representing 0.552% of the ordinary shares in issue (excluding shares held in treasury). Scott Forbes also holds options over 638,729 ordinary shares.
This announcement is made under the UKLA's Disclosure and Transparency Rule 3.1.4R.
Ends
Name and contact number for queries:
Robyn Perriss 01908 308 542
vendorRelated Shares:
Rightmove