Rightmove CEO Cashes in on Shares

September 15, 2020
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Rightmove CEO Peter Brooks-Johnson has exercised nil cost share options with the sale of shares awarded to him in February of 2018. The sale of 171,022 shares netted the long-time Rightmove man just over £1 million at a price of £6.14 per share. Brooks-Johnson retains over 2 million shares in the British market-leading portal company with a value of over £12 million.

Although Rightmove’s share price has been on a steady road to recovery since its nadir of 400GBX on the 23rd of March, it has been spectacularly outperformed by stocks of other market-leading portal companies from around the world including Zillow, Scout24, and REA Group.

September 15, 2020
Edmund got to know the world of portals and marketplaces working at Mitula Group (which became Lifull Connect after the buyout in 2018). He worked directly with hundreds of portals across the world in his role in the content department for three and a half years before transferring to the SEO department to understand the inner workings of listings sites. He joined Online Marketplaces as Head of Content in March 2020.

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