25 March 2011
On 25 March 2011, Rightmove plc (the "Company"), received notification from the
Chairman, Scott Forbes, that he has exercised and sold 500,000 unapproved share
options with an exercise price of 335p in connection with tax planning and
payment. The ordinary shares of 1p each in the Company ("ordinary shares") were
sold at an average price of 962.2669p per share. The number of ordinary shares
sold represented 0.446% of the ordinary shares in issue (less shares held in
treasury) prior to such sale.
Following this transaction, the beneficial shareholding of Scott Forbes is
619,000 ordinary shares representing 0.552% of the ordinary shares in issue
(excluding shares held in treasury). Scott Forbes also holds options over
638,729 ordinary shares.
This announcement is made under the UKLA's Disclosure and Transparency Rule
Name and contact number for queries:
Robyn Perriss 01908 308 542