2nd Mar 2017 12:53
RIGHTMOVE PLC - Director/PDMR ShareholdingRIGHTMOVE PLC - Director/PDMR Shareholding
PR Newswire
London, March 2
2 March 2017
RIGHTMOVE PLC
DIRECTOR/PDMR SHAREHOLDING
Rightmove plc (the “Company”), has received the following notifications today from Nick McKittrick, Chief Executive Officer, Peter Brooks-Johnson, Chief Operating Officer and Robyn Perriss, Finance Director:
Nick McKittrick has confirmed that he has today been awarded Nil cost deferred shares over 7,333 ordinary shares of 1p each following achievement of the 2016 bonus targets and in relation to his earned bonus for the year ended 31 December 2016. The deferred shares are exercisable for 12 months from 1 March 2019.
Following this transaction, the beneficial shareholding of Nick McKittrick is 146,592 ordinary shares representing 0.16% of the ordinary shares in issue (excluding shares held in treasury). Nick McKittrick also holds executive and Sharesave options over 280,515 ordinary shares, deferred share awards over 22,780 ordinary shares and 113,530 performance shares.
Peter Brooks-Johnson has confirmed that he has today been awarded Nil cost deferred shares over 6,141 ordinary shares of 1p each following achievement of the 2016 bonus targets. The deferred shares are exercisable for 12 months from 1 March 2019. Peter Brooks-Johnson has also been awarded Nil cost performance shares over 18,691 ordinary shares of 1p each. The performance shares are exercisable for a period of 2 years from 1 March 2020 subject to performance criteria being met.
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 110,948 performance shares.
Robyn Perriss has confirmed that she has today been awarded Nil cost deferred shares over 4,858 ordinary shares of 1p each following achievement of the 2016 bonus targets. The deferred shares are exercisable for 12 months from 1 March 2019. Robyn Perriss has also been awarded Nil cost performance shares over 16,029 ordinary shares of 1p each. The performance shares are exercisable for a period of 2 years from 1 March 2020 subject to performance criteria being met.
Following this transaction, the beneficial shareholding of Robyn Perriss is 11,088 ordinary shares representing 0.01% of the ordinary shares in issue (excluding shares held in treasury). Robyn Perriss also holds Sharesave options over 912 ordinary shares, deferred shares awards over 15,091 ordinary shares and 69,857 performance shares.
All the above share awards were approved by the Remuneration Committee on 1 March 2017.
Ends
Name and contact number for queries:
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 each GB00B2987V85 | ||
| b) | Nature of transaction | Award of nil cost deferred shares, as described above. | ||
| c) | Prices and volumes | Price | Volume | Total |
| GBP0 | 7,333 | GBP0 | ||
| d) | Aggregated information | Price | Volume | Total |
| Not applicable, single transaction. | ||||
| e) | Date of transaction | 1 March 2017 | ||
| f) | Place of transaction | Milton Keynes, UK | ||
| 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. Award of nil cost Deferred Shares 2. Award of nil cost Performance Shares as described above. | |||
| c) | Prices and volumes | Price | Volume | Total | |
| 1. | GBP0 | 6,141 | GBP0 | ||
| 2. | GBP0 | 18,691 | GBP0 | ||
| d) | Aggregated information | Price | Volume | Total | |
| GBP0 | 24,832 | GBP0 | |||
| e) | Date of transaction | 1 March 2017 | |||
| f) | Place of transaction | Milton Keynes, UK | |||
| 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 | |||
| 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. Award of nil cost Deferred Shares 2. Award of nil cost Performance Shares as described above. | |||
| c) | Prices and volumes | Price | Volume | Total | |
| 1. | GBP0 | 4,858 | GBP0 | ||
| 2. | GBP0 | 16,029 | GBP0 | ||
| d) | Aggregated information | Price | Volume | Total | |
| GBP0 | 20,887 | GBP 0 | |||
| e) | Date of transaction | 1 March 2017 | |||
| f) | Place of transaction | Milton Keynes, UK | |||
Related Shares:
Rightmove