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
|