IN BRIEF: Rightmove promotes commercial finance head Hook to CFO

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Rightmove PLC - Milton Keynes, England-based online property portal - Promotes Ruaridh Hook to chief financial officer, including a board seat, starting September 15. Hook currently is head of Commercial Finance and Financial Planning & Analysis, having joined Rightmove from accounting firm EY in 2016. Hook replaces Alison Dolan, who is departing to become CFO of retailer Marks & Spencer Group PLC. Shares in Rightmove had fallen 4.7% on Tuesday, after it said market conditions in the UK lettings market remain ‘fluid’ and disclosed that a key listings contract in that space will not be renewed.

Current stock price: 527.40 pence, up 0.6% in London on Wednesday

12-month change: down 7.4%

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