Rightmove PLC — Director's Dealing 2016

Dec 19, 2016

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RIGHTMOVE PLC - Director/PDMR Shareholding

PR Newswire

London, December 18

19 December 2016

RIGHTMOVE PLC

DIRECTOR / PDMR SHAREHOLDING

Rightmove plc (the ‘Company’) has received the following notifications from Nick McKittrick, Chief Executive Officer, and Peter Brooks-Johnson, Chief Operating Officer.

Nick McKittrick confirmed that, on 16 December 2016, he exercised his right to acquire 9,224 deferred shares awarded at nil cost in March 2014 in respect of his 2013 financial year bonus ahead of the last exercise date of 3 March 2017. He subsequently sold 4,353 of the ordinary shares received in order to satisfy the taxation liability arising thereon, at an average price of 3748.796p per share and retained the balance being 4,871 ordinary shares. The number of ordinary shares sold represented 0.0047% of the ordinary shares in issue (less shares held in treasury) prior to such sale.

Following these transactions, the beneficial shareholding of Nick McKittrick is 146,592 ordinary shares representing 0.1571% of the ordinary shares in issue (excluding shares held in treasury). He also holds executive and Sharesave options over 280,515 ordinary shares, deferred share awards over 15,447 ordinary shares and 113,530 performance shares.

Peter Brooks-Johnson confirmed that, on 16 December 2016, he exercised his right to acquire 24,879 performance shares awarded at nil cost in May 2012 ahead of the last exercise date of 1 March 2017. These include rolled up dividend payments of 928 shares. He subsequently sold 11,743 of the ordinary shares received in order to satisfy the taxation liability arising thereon, at an average price of 3743.726p per share and retained the balance being 13,136 ordinary shares. The number of ordinary shares sold represented 0.0126% of the ordinary shares in issue (less shares held in treasury) prior to such sale.

Peter Brooks-Johnson also confirmed that, on 16 December 2016, he exercised his right to acquire 6,918 deferred shares awarded at nil cost in March 2014 in respect of his 2013 financial year bonus ahead of the last exercise date of 3 March 2017. He subsequently sold 3,266 of the ordinary shares received in order to satisfy the taxation liability arising thereon, at an average price of 3748.796p per share and retained the balance being 3,652 ordinary shares. The number of ordinary shares sold represented 0.0035% of the ordinary shares in issue (less shares held in treasury) prior to such sale.  

Following these transactions, the beneficial shareholding of Peter Brooks-Johnson is 55,146 ordinary shares representing 0.0591% of the ordinary shares in issue (excluding shares held in treasury). He also holds executive and Sharesave options over 267,599 ordinary shares, deferred share awards over 12,937 ordinary shares and 92,257 performance shares.

Name and contact number for enquiries:

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 associateda)NameNick McKittrick2.Reason for notificationa)Position/statusChief Executive Officerb)Initial Notification/AmendmentInitial notification3.Details of the issuera)NameRightmove plc4.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 conducteda)Description of financial instrument

Identification code:Ordinary Shares of 1p each

GB00B2987V85b)Nature of transaction1. Sale of Deferred Shares to meet tax liability

2. Retention of balance of Deferred Sharess

as described above.c)Prices and volumesPriceVolumeTotal1.GBP37.487964,353GBP163,185.092.GBP04,871GBP0d)Aggregated informationPriceVolumeTotalGBP17.6919,224GBP163,185.09e)Date of transaction16 December 2016f)Place of transactionLondon Stock Exchange (XLON)

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. Sale of Deferred Shares to meet tax liabillity 2. Retention of balance of Deferred Shares 3. Sale of Performance Shares to meet tax liability 4. Retention of balance of Performance Shares as described above.
c)	Prices and volumes		Price	Volume	Total
1.	GBP37.48796	3,266	GBP122,435.68
2.	GBP0	3,652	GBP0
3.	GBP37.43726	11,743	GBP439,625.74
4.	GBP0	13,136	GBP0
d)	Aggregated sales information		Price	Volume	Total
GBP17.677	31,797	GBP562,061.42
e)	Date of transaction		16 December 2016
f)	Place of transaction		London Stock Exchange (XLON)