Tuesday 12 March 2019

Bosses at Rightmove handed £2m share options in bonuses and incentives

The CEO and chief finance officer of Rightmove have been given share options to reward their performances last year and to incentivise them further.
At yesterday’s share price of around 495p, the options are together currently worth around £2.2m.
Peter Brookes-Johnson, 46, has been awarded 56,498 deferred share options as a bonus. He can exercise this option for 12 months from March 6, 2021.
He has also been awarded 204,746 share options which can be exercised over a period of two years from March 6, 2022, provided certain targets have been met.
Financial officer Robyn Perris, 45, has been awarded 40,579 deferred shares as a bonus, plus a further 147,056 deferred shares.
Last year, profits and revenue both increased at Rightmove, with the average monthly subscription per branch going over £1,000 for the first time.

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