REG-Rightmove Plc: AGM Results

RightmoveAnnouncement

04/05/2018 17:40

4 May 2018

RIGHTMOVE PLC

(‘Rightmove’)

RESULTS OF THE 2018 ANNUAL GENERAL MEETING

The Annual General Meeting of Rightmove shareholders was held today at the
offices of UBS Limited, 5 Broadgate, London EC2M 2QS.

The Company advises that all of the resolutions were considered and voted upon
by the shareholders by poll((1)) at the Annual General Meeting held today. The
full text of each resolution was included in the Notice of Meeting circulated
to shareholders on 29 March 2018. The results of the poll incorporating proxy
votes lodged in advance of the meeting are set out below

      Resolution                                                                   Votes FOR (including discretion) %        Votes AGAINST      %  Votes cast as a % of issued capital ((2))  Withheld ((3)) 
  1.  Receive the Report and Accounts                                                                    76,787,529  100.00             73   0.00                                     84.69%           3,947 
  2.  Approve the Directors’ Remuneration Report                                                         72,763,617   95.12      3,731,967   4.88                                     84.37%         295,965 
  3.  Declare final dividend                                                                             76,791,476  100.00             73   0.00                                     84.70%               0 
  4.  Re-appoint KPMG LLP as auditor                                                                     70,361,408   91.63      6,430,141   8.37                                     84.70%               0 
  5.  Authorise the directors to agree auditor’s remuneration                                            76,304,368   99.37        487,181   0.63                                     84.70%               0 
  6.  To re-elect Scott Forbes                                                                           46,813,108   61.04     29,876,027  38.96                                     84.59%         102,414 
  7.  To re-elect Peter Brooks-Johnson                                                                   75,872,419   98.80        919,030   1.20                                     84.70%             100 
  8.  To re-elect Robyn Perriss                                                                          75,580,764   98.66      1,026,575   1.34                                     84.50%         184,210 
  9.  To re-elect Peter Williams                                                                         46,762,377   62.66     27,869,760  37.34                                     82.32%       2,159,412 
 10.  To re-elect Rakhi Goss-Custard                                                                     69,637,015   90.90      6,970,324   9.10                                     84.50%         184,210 
 11.  To re-elect Jacqueline de Rojas                                                                    75,164,029   97.88      1,627,420   2.12                                     84.70%             100 
 12.  To elect Andrew Findlay                                                                            75,900,993   98.84        890,456   1.16                                     84.70%             100 
 13.  To elect Lorna Tilbian                                                                             72,781,911   94.78      4,009,538   5.22                                     84.70%             100 
 14.  To renew authority to allot shares                                                                 76,577,992   99.72        212,330   0.28                                     84.70%           1,227 
 15.  Disapply pre-emption rights *                                                                      76,744,802   99.94         45,752   0.06                                     84.70%             995 
 16.  Disapply pre-emption rights for capital investments *                                              68,462,653   89.16      8,327,901  10.84                                     84.70%             995 
 17.  To renew the authority to purchase own shares *                                                    75,325,066   98.23      1,356,769   1.77                                     84.58%         109,714 
 18.  To authorise political donations                                                                   75,807,775   98.76        951,893   1.24                                     84.66%          31,881 
 19.  Approve 14 clear days’ notice for general meetings (apart from an AGM) *                           73,799,336   96.10      2,992,113   3.90                                     84.70%             100 

* Indicates a Special Resolution requiring a 75% majority
1.
In accordance with the Company's Articles of Association, on a poll every
member present in person or by proxy has one vote for every share held.
2.
The votes validly cast by proxy are expressed in the table above as a
percentage of Rightmove’s issued share capital of 90,664,362 , excluding
treasury shares, as at 4 May 2018.
3.
A vote “withheld” is not a vote in law and has not been counted as a vote
“for” or “against” a resolution.
4.
The issued share capital at 4 May 2018 was 92,393,196 ordinary shares of 1p
each, of which 1,728,834 are held in treasury.

In accordance with LR 9.6.2, a copy of the resolutions passed, other than
resolutions concerning ordinary business, at today’s AGM will be submitted
to the National Storage Mechanism and will be available for inspection at
http://www.morningstar.co.uk/uk/NSM

No other resolutions were put to the meeting.

The Company is pleased with the strong support it has received for almost all
of its AGM resolutions.

Re-election of Chairman and Senior Independent Director

The Board notes that a significant minority of votes were received against the
re-election of our Chairman, Scott Forbes (resolution 6) and our Senior
Independent Director, Peter Williams (resolution 9).

The Board seeks to ensure that each Director has time to meet the requirements
of their role and is satisfied that all Directors have sufficient capacity to
meet their commitments to Rightmove plc, including during periods when
Rightmove or other commitments require greater than usual involvement from the
Directors.  We have consulted with a number of our shareholders and
corresponded with proxy advisors over concerns raised about directors’ time
commitments and will continue to engage with shareholders over the course of
the year on this matter.

Name and contact for queries and authorised official responsible for making
this notification:

Sandra Odell

Company Secretary

Telephone: 01908 712058



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