Rightmove finance director Robyn Perriss has picked up about £1m in shares bonus schemes.
Yesterday evening, Rightmove said that she had exercised her right to acquire 5,234 shares awarded at nil cost in March 2016, in respect of her 2015 financial bonus.
She subsequently sold all of the ordinary shares received at an average price of 4948.045p per share.
Perriss also yesterday exercised her right to acquire 20,133 performance shares awarded at nil cost in March 2015.
These included rolled up dividend payments of 708 shares.
She subsequently sold 14,798 of these ordinary shares at an average price of 4948.045p per share and retained 5,335 ordinary shares.
Perriss became finance director in 2012, succeeding Nick McKittrick when he became Rightmove’s chief executive.
He in turn stood down last year, with Peter Brooks-Johnson now in charge at Rightmove.
Comments (8)
Agents are getting wiser and slowly starting to show some unity.
If agents take their stock away, there will be no Rightmove.
This ain’t great. Maybe they should invest it in lowering their fees instead?
As an agent and paying customer to rightmove, if this news doesn’t vex you, you’re part of the problem. Keep thinking of Ms Perriss every time you use your overdraft or credit card to pay a bill for the business.
Why does she sell 75% of her holding now I wonder?
One million huh?
So an Indy paying 1000pcm at 75% profit margin for rightmove, just need 1,333 offices to chip in
Well it’s lasted for well over a decade already.
More fool us!
‘30 pieces of silver’……..
Enjoy it whilst it lasts?
Soon us agents leave rightmove the better…