Rightmove chairman sells shares worth £4.23m

first_imgRightmove chairman Scott Forbes (pictured, right) has sold shares in the company worth £4.23 million, taking advantage of a recent spike in its share price.It has jumped in value by £2 to £43.63 or five percent since the 19th May, valuing the portal at £4.03 billion.Scott sold 100,000 of his shares yesterday at the peak of the current surge, which eased off today. This leaves him with 219,000 shares in the company worth £9.3 million.This is not the first time that Scott has cashed in his Rightmove shares. In 2007, just two years after joining the company from worldwide property services company Cendant, he sold shares worth £7 million to finance a home purchase in Kensington and in 2012 shares worth £4 million.Constant growthHe joined Rightmove and was appointed to its board in 2005 and has overseen almost constant share price (see graph, right) and business growth at the PLC.This includes last year, which its most recent figures show saw revenue and profits that both jumped by 15% compared to 2015, and total dividend payments that grew by 19%.Agents listing on Rightmove currently spend £832 a month and the website has 20,121 branches advertising with it.Rightmove also recently appointed the Chief Financial Officer of Easyjet to its board as a non-executive director, and announced a final dividend of 32p a share due to be paid on 2nd June.Rightmove’s half year results are due on 28th July and its next dividend payment due on the 3rd November.Rightmove Scott Forbes May 26, 2017Nigel LewisWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021 Hong Kong remains most expensive city to rent with London in 4th place30th April 2021 Home » News » Marketing » Rightmove chairman sells shares worth £4.23m previous nextMarketingRightmove chairman sells shares worth £4.23mScott Forbes has sold stock worth £15m since joining in 2005; latest tranche comes as share price peaked yesterday.Nigel Lewis26th May 201702,326 Viewslast_img read more

Lakers free agency: JaVale McGee hoping to re-sign with Los Angeles

first_imgHighlights early in the Sixers/Lakers matinee game with JaVale McGee pic.twitter.com/WL4JkMT8uV— Def Pen Hoops (@DefPenHoops) February 10, 2019“Hopefully. That’s definitely a possibility,” McGee said. “But right now, obviously, I’m a free agent, so I don’t really know. But I love LA. LA was beautiful for me. I had my best averages, my best season playing alongside LeBron.“It’s definitely a blessing being able to play for LA, but whatever is the best opportunity for me personally, I’m going to take it.” Related News JaVale McGee wants to stay with the Lakers.The 31-year-old center, who averaged 12.0 points and 7.5 rebounds in his first season with Los Angeles, is set to enter free agency once again this summer. He said during an appearance Wednesday on “Undisputed” he enjoyed playing with star LeBron James and is hoping to return to the Lakers. Lakers free agency rumors: Los Angeles among teams interested in Kemba Walker Kyrie Irving free agency rumors: Star is ‘more open’ to signing with Lakerscenter_img “I’m a free agent, so I don’t really know. I love LA, it was beautiful for me. I had my best averages, I had my best season playing alongside LeBron. Even my career-high game, LeBron had 10 of the assists” — @JaValeMcGee pic.twitter.com/hwYslFEWbj— UNDISPUTED (@undisputed) June 5, 2019Los Angeles opened 2018-19 with a 20-14 record before James strained his groin Dec. 25. He missed the next 17 games and the team never recovered.The Lakers also dealt with injuries to key role players — including Brandon Ingram, Lonzo Ball and Kyle Kuzma — throughout the season. They ended up with a 37-45 record and missed the playoffs for a sixth straight year.”Injuries hurt our basketball team,” McGee said Wednesday. “We’d be in the playoffs if no one got injured. … I feel like we definitely could have made it to the Western Conference finals and met up with the Warriors (with a healthy LeBron James). Our whole season, we never got to mesh and blend.””The way that LeBron got injured … we never got to mesh and blend.” — @JaValeMcGee pic.twitter.com/biQWEMdSwV— UNDISPUTED (@undisputed) June 5, 2019The Lakers will have max cap space this summer and they reportedly plan to pursue a second star to pair with James. They’ve already been linked to Kemba Walker and will reportedly attempt to trade for Pelicans star Anthony Davis, as well. Kyrie Irving has also become “more open” to signing with Los Angeles, according to an earlier report from ESPN.Los Angeles holds the No. 4 pick in the 2019 NBA Draft.last_img read more

The results of BH Telecom Premier League

first_imgThe results of the First Football BH Telecom Premiere League of Bosnia and Herzegovina: Sarajevo – Zvijezda  (19.00)Široki Brijeg – Radnik (20.30) Olimpic – Željezničar 0:3Mladost – Borac 2:0Velež – Drina 1:0Travnik – Sloboda 0:3Čelik – Vitez 0:0 On 3rd August: (Source: Fena)last_img