Rightmove Approves Deferred Share Awards for Top Executives

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Rightmove Approves Deferred Share Awards for Top Executives

An announcement from Rightmove ( (GB:RMV) ) is now available.

Rightmove plc has announced the approval of awards under its 2017 Deferred Share Bonus Plan for its CEO Johan Svanstrom and CFO Ruaridh Hook. These awards, which are nil-cost options, will be exercisable from March 2027 and represent a significant portion of the maximum award under the company’s remuneration policy. This move is part of Rightmove’s strategy to incentivize its top executives, potentially impacting the company’s leadership stability and aligning executive interests with long-term shareholder value.

More about Rightmove

Rightmove plc operates in the real estate industry, primarily offering online property listings and related services. The company focuses on providing a platform for property buyers, sellers, and renters to connect with real estate agents and developers.

YTD Price Performance: 5.52%

Average Trading Volume: 2,011,546

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £5.28B

For detailed information about RMV stock, go to TipRanks’ Stock Analysis page.

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