Director/PDMR Shareholding
Rightmove Plc
16 March 2006
Rightmove plc
16 March 2006
NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL
RESPONSIBILITY OR CONNECTED PERSONS
For the purposes of section 329 of the Companies Act 1985 and Paragraph 3.1.4R
of the Disclosure Rules, Rightmove plc (the 'Company') announces that:
(1) on 16 March 2006 the following directors of the Company acquired ordinary
shares of 1p each in the capital of the Company ('Ordinary Shares') at a price
per share of 335p:
Name of Director No. of Ordinary Shares Percentage of the
purchased Company's issued
share capital
Jonathan Agnew 40,298(a) 0.03%
Nigel Cooper 35,820 0.03%
As a result of these acquisitions, the respective interests in Ordinary Shares
of Mr Agnew and Mr Cooper are as set out above;
(2) the following directors and Persons Discharging Managerial Responsibility
('PDMR') of the Company have been granted options to acquire Ordinary Shares
under the rules of the Rightmove Approved Executive Share Option Plan (the
'Approved Plan') and the Rightmove Unapproved Executive Share Option Plan (the
'Unapproved Plan')
Name of Director No. of Ordinary Shares Total number of
granted under option Ordinary Shares over
which options are
held
Scott Forbes 1,988,729(b) 1,988,729
Ed Williams 1,988,729(c) 3,510,029
Nick McKittrick 994,364(c) 1,984,364
Graham Zacharias 994,364(c) 994,364
Name of PDMR No. of Ordinary Shares Total number of
granted under option Ordinary Shares over
which options are
held
Paul Creffield 397,746(c) 397,746
Scott Marshall 265,164(c) 265,164
Justin Figgins 265,164(c) 265,164
Miles Shipside 265,164(c) 1,255,164
Options under the Approved Plan were granted on 14 March 2006 and are
exercisable at 410p per Ordinary Share. Options under the Unapproved Plan were
granted on 15 March 2006 and are exercisable at an exercise price of 335p per
Ordinary Share. No amount was payable in respect of the grant of any of these
options.
Options granted under the Approved Plan to the directors and PDMRs specified
above are normally exercisable in three equal (so far as practicable) tranches
commencing on the third, fourth and fifth anniversary of 14 March 2006. Options
granted under the Unapproved Plan to the directors and PDMRs specified above
(other than Scott Forbes) are normally exercisable in three equal (so far as
practicable) tranches commencing on the third, fourth and fifth anniversary of
15 March 2006.
The options granted to Scott Forbes under the Unapproved Plan are normally
exercisable in three equal (so far as practicable) tranches commencing on the
first, second and third anniversary of 15 March 2006;
(3) on 15 March 2006, in accordance with the offer made pursuant to the
prospectus published by the Company on 22 February 2006, the following directors
and PDMR of the Company sold Ordinary Shares at 335p per Ordinary Share:
Name of No. of No. of Ordinary Percentage of the
Director Ordinary Shares held Company's issued
Shares sold after sale share capital
after sale
Ed Williams 970,200 1,185,800 0.9%
Nick McKittrick 689,333 388,667 0.3%
Name of PDMR No. of No. of Ordinary Percentage of the
Ordinary Shares held Company's issued
Shares sold after sale share capital
after sale
Miles Shipside 689,333 388,667 0.3%
(4) on 15 March 2006, Scott Marshall, a PDMR, exercised options over 774,400
Ordinary Shares at an aggregate exercise price of £124,952.96. These options
were granted to Mr Marshall on 30 July 2004 under the Company's Enterprise
Management Scheme. As a result of the exercise of these options, Mr Marshall's
interest in Ordinary Shares (excluding the options granted under the Approved
Plan and Unapproved Plan outlined above) is 774,400 Ordinary Shares representing
0.6 per cent. of the Company's issued share capital.
Notes:
All calculations are based on the Company having 129,156,718 Ordinary Shares
in issue after the completion of the transactions referred to in this
notification and other exercises of options under the Company's Enterprise
Management Scheme.
(a) 30,000 Ordinary Shares are held beneficially by Mr Agnew's wife, with the
remainder held by Mr Agnew.
(b) All options granted pursuant to the Unapproved Plan.
(c) 7,317 Ordinary Shares are subject to an option granted pursuant to the
Approved Plan, with the remainder being subject to an option granted pursuant to
the Unapproved Plan.
Graham Zacharias
Company Secretary
16 March 2006
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