REG-Rightmove Plc: Director/PDMR Shareholding

RightmoveAnnouncement

15/03/2024 16:30

15 March 2024

 

 

RIGHTMOVE PLC

DIRECTOR/PDMR SHAREHOLDING

 

Rightmove plc (the Company), confirms that on 12 March 2024 the Remuneration
Committee approved awards under the 2017 Deferred Share Bonus Plan (DSP) and
the 2020 Performance Share Plan (PSP) to Johan Svanstrom, Chief Executive
Officer and to Alison Dolan, Chief Financial Officer.

 

DSP awards over 75,661 and 65,792 ordinary shares were granted to Johan and
Alison respectively as nil-cost options, representing 79% of the maximum award
under Rightmove’s Remuneration Policy, and will be exercisable from 12 March
2026.

 

PSP awards over 191,983 and 143,987 ordinary shares were granted to Johan and
Alison respectively as nil-cost options and will be transferable from 12 March
2029. The PSP awards are subject to relative TSR, EPS growth and Revenue
growth performance criteria, which will be set out in the Company’s 2023
Annual Report.

 

Following this transaction:

 

-        Alison holds Sharesave options over 3,508 shares, Share
Incentive Plan shares over 1,100 shares, 470,820 performance shares and
119,571 deferred shares. Alison also has a beneficial shareholding of 29,541;
and

 

-        Johan holds, Sharesave options over 4,740 shares, Share
Incentive Plan shares over 600 shares, 378,153 performance shares and 75,661
deferred shares. Johan also has a beneficial shareholding of 10,000 shares.

 

 

Contact:

Carolyn Pollard, Company Secretary

CompanySecretary@rightmove.co.uk

 

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING
MANAGERIAL RESPONSIBILITIES

 

 1.  Details of the person discharging managerial responsibilities/person closely associated                                                                                                                                       
 a)  Name                                                      Alison Dolan                                                                                                                                                        
 2.  Reason for notification                                                                                                                                                                                                       
 a)  Position/status                                           Chief Financial 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 0.1p each GB00BGDT3G23                                                                                                                           
 b)  Nature of transaction                                     (i) Award of nil cost Deferred Shares (ii) Award of nil cost Performance Shares as described above.                                                                 
 c)  Prices and volumes                                                                                 Price                                    Volume                                   Total                                    
     (i)                                                                                                GBP0                                     65,792                                   GBP0                                     
                                                               (ii)                                     GBP0                                     143,987                                  GBP0                                     
 d)  Aggregated information (single transaction)               Price                                                                             Volume                                   Total                                    
                                                               GBP0                                                                              209,779                                  GBP0                                     
 e)  Date of transaction                                       12 March 2024                                                                                                                                                       
 f)  Place of transaction                                      Outside a trading venue                                                                                                                                             

 

 

 

 

 1.  Details of the person discharging managerial responsibilities/person closely associated                                                                                                                                       
 a)  Name                                                      Johan Svanstrom                                                                                                                                                     
 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                                                                                                                                                       
 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 0.1p each GB00BGDT3G23                                                                                                                           
 b)  Nature of transaction                                     (i) Award of nil cost Deferred Shares (ii) Award of nil cost Performance Shares as described above.                                                                 
 c)  Prices and volumes                                                                                 Price                                    Volume                                   Total                                    
     (i)                                                                                                GBP0                                     75,661                                   GBP0                                     
                                                               (ii)                                     GBP0                                     191,983                                  GBP                                      
 d)  Aggregated information (single transaction)               Price                                                                             Volume                                   Total                                    
                                                               GBP0                                                                              267,644                                  GBP0                                     
 e)  Date of transaction                                       12 March 2024                                                                                                                                                       
 f)  Place of transaction                                      Outside a trading venue                                                                                                                                             

 



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