13 March 2023
RIGHTMOVE PLC
DIRECTOR/PDMR SHAREHOLDING
Rightmove plc (the Company), confirms that on 10 March 2023 the Remuneration Committee approved awards under the 2017 Deferred Share Bonus Plan (DSP) to Alison Dolan, Chief Financial Officer (CFO).
DSP awards over 53,779 ordinary shares were granted to Alison as nil-cost options, representing 71.2% of the maximum award under Rightmove’s Remuneration Policy, and will be exercisable from 10 March 2025.
The Company also confirms that on 10 March 2023 the Remuneration Committee approved awards under the 2020 Performance Share Plan (PSP) to Johan Svanstrom, Chief Executive Officer (CEO) and to Alison Dolan, CFO.
PSP awards over 186,170 and 139,628 ordinary shares were granted to Johan and Alison respectively as nil-cost options and will be transferable from 10 March 2028. The PSP awards are subject to relative TSR and EPS growth performance criteria, which will be set out in the Company’s 2022 Annual Report.
Following this transaction:
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 | as described above. | |||
c) | Prices and volumes | Price | Volume | Total | |
(i) | GBP0 | 53,779 | GBP0 | ||
(ii) | GBP0 | 139,628 | GBP0 | ||
d) | Aggregated information (single transaction) | Price | Volume | Total | |
GBP0 | 193,407 | GBP0 | |||
e) | Date of transaction | 10 March 2023 | |||
f) | Place of transaction | Milton Keynes, UK |
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 | as described above. | |||
c) | Prices and volumes | Price | Volume | Total | |
(i) | GBP0 | 186,170 | GBP0 | ||
d) | Aggregated information (single transaction) | Price | Volume | Total | |
GBP0 | 186,170 | GBP0 | |||
e) | Date of transaction | 10 March 2023 | |||
f) | Place of transaction | Milton Keynes, UK |