Real Estate

EYE NEWSFLASH! Rightmove chief exec cashes in more than £2m of shares – Property Industry Eye



Peter Brooks-Johnson

In a statement to the markets this morning, Rightmove has confirmed that its chief executive, Peter Brooks-Johnson, has sold a substantial tranche of his shareholding, netting well over £2m.

Rightmove plc confirms that Peter Brooks-Johnson, chief executive, exercised options, largely due to expire in March 2022, and sold 306,617 shares on 10 November 2021.  The shares were sold at an average price of £6.98 per share, from which relevant taxes were deducted.

Following these transactions, Brooks-Johnson has a beneficial shareholding of 2,017,302 shares, which at the value of £6.98 per share would be worth more than £14m.

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