In yesterday's trading:

Directors have bailed out of property website Rightmove (LSE: RMV.L - news) following the expiry of the terms of the lock-up agreement entered into when Rightmove floated in March 2006. Managing director of Rightmove.co.uk Nick McKittrick sold 479,562 shares at 480p each to bag £2.3m, leaving him with 900,000 shares. Ed Williams, group managing director, disposed of 300,000, also at 480p. He is around £1.44m richer, but still has 2.4m shares in the group. The pair were joined by commercial director Miles Shipside who sold 779,562 for a haul of over £3.7m, while finance Director Scott Marshall pocketed just under £100,000. Both sold at 480p.

Well if Shipside thinks he'll be able to purchase any meaningful chunk of the Rat and Mouse with that kind of chump change, he can forget it. Seriously, though. If you've shares in Rightmove... how 'ya feeling right now?

Rightmove - soared like an eagle [March 10, 2006]
Rightmove - making the right moves [July 6, 2006]

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