Rightmove founder sells 1%

A round-up of the biggest director deals today so far.

Rightmove managing director Ed Williams has sold nearly 1% of the estate agency for just short of £8m.

Williams was the founder of the rightmove.co.uk website that formed the basis of the group. He has sold nearly 1.14m shares at 699.9325p each. That leaves Williams with 1.1% of Rightmove. The imminent increase in the rate of capital gains tax may have been in his mind when he decided to sell.

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