A meeting of shareholders yesterday voted overwhelmingly in favour of sub-dividing each Rightmove ordinary share into ten new shares.

A total of 99.92% voted in favour.

Just 0.08% voted against and 3,880 votes were withheld.

The move is designed to make the shares more tradeable.

No other resolutions were put to the meeting.

Yesterday Rightmove shares – trading before they will be sub-divided – finished the day at around 4,865p.