Picture of Rightmove logo

RMV Rightmove News Story

0.000.00%
gb flag iconLast trade - 00:00
TechnologyBalancedLarge CapFalling Star

REG-Rightmove Plc: Form 8 (OPD) - Rightmove plc

FORM 8 (OPD)

 

PUBLIC OPENING POSITION DISCLOSURE BY A PARTY TO AN OFFER

Rules 8.1 and 8.2 of the Takeover Code (the "Code")

 

1. KEY INFORMATION

 

 (a) Full name of discloser:                                                                                                                                                                                                     Rightmove plc      
 (b) Owner or controller of interests and short positions disclosed, if different from 1(a):  The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.  N/A                
 (c) Name of offeror/offeree in relation to whose relevant securities this form relates:  Use a separate form for each offeror/offeree                                                                                           Rightmove plc      
 (d) Is the discloser the offeror or the offeree?                                                                                                                                                                                OFFEREE            
 (e) Date position held:  The latest practicable date prior to the disclosure                                                                                                                                                    13 September 2024  
 (f) In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?  If it is a cash offer or possible cash offer, state "N/A"                                        REA Group Ltd      

 

2. POSITIONS OF THE PARTY TO THE OFFER MAKING THE DISCLOSURE

 

If there are positions or rights to subscribe to disclose in more than one
class of relevant securities of the offeror or offeree named in 1(c), copy
table 2(a) or (b) (as appropriate) for each additional class of relevant
security.

 

(a) Interests and short positions in the relevant securities of the offeror
or offeree to which the disclosure relates

 

 Class of relevant security:                                                         Ordinary shares and ADRs              
                                                                                     Interests         Short positions     
                                                                                     Number   %        Number    %         
 (1) Relevant securities owned and/or controlled:                                    Nil      -        Nil       -         
 (2) Cash-settled derivatives:                                                       Nil      -        Nil       -         
 (3) Stock-settled derivatives (including options) and agreements to purchase/sell:  Nil      -        Nil       -         
 TOTAL:                                                                              Nil      -        Nil       -         

 

All interests and all short positions should be disclosed.

 

Details of any open stock-settled derivative positions (including traded
options), or agreements to purchase or sell relevant securities, should be
given on a Supplemental Form 8 (Open Positions).

 

Details of any securities borrowing and lending positions or financial
collateral arrangements should be disclosed on a Supplemental Form 8 (SBL).

 

(b) Rights to subscribe for new securities

 

 Class of relevant security in relation to which subscription right exists:   N/A  
 Details, including nature of the rights concerned and relevant percentages:  N/A  

 

 

3. POSITIONS OF PERSONS ACTING IN CONCERT WITH THE PARTY TO THE OFFER MAKING
THE DISCLOSURE

 

 Details of any interests, short positions and rights to subscribe (including directors' and other employee options) of any person acting in concert with the party to the offer making the disclosure:  
                                                                                                                                                                                                         
 Name of director                                                                                                                                                                                        Number of Rightmove plc ordinary shares held**  Percentage of total issued share capital (excluding treasury shares) (%)*  
 Johan Svanstrom                                                                                                                                                                                         10,000                                          0.00                                                                       
 Alison Dolan                                                                                                                                                                                            33,085                                          0.00                                                                       
 Andrew Fisher                                                                                                                                                                                           20,000                                          0.00                                                                       
 Jacqueline de Rojas                                                                                                                                                                                     1,880                                           0.00                                                                       
 Share Plan                                                                                                                                                                                              Number of relevant securities                   Grant Date                                                                 Vesting Date       Exercise Price  Expiry Date        
 Save as You Earn                                                                                                                                                                                        4,140                                           19 September 2023                                                          1 November 2026    £4.48           30 April 2027      
 Performance Share Plan                                                                                                                                                                                  186,170                                         10 March 2023                                                              10 March 2026      Nil             10 March 2030      
                                                                                                                                                                                                         191,983                                         12 March 2024                                                              12 March 2027      Nil             12 March 2031      
 Deferred Share Plan                                                                                                                                                                                     75,661                                          12 March 2024                                                              12 March 2026      Nil             12 March 2027      
 SIP***                                                                                                                                                                                                  600                                             21 December 2023                                                           21 December 2026   Nil                                
 Share Plan                                                                                                                                                                                              Number of relevant securities                   Grant Date                                                                 Vesting Date       Exercise Price  Expiry date        
 Performance Share Plan                                                                                                                                                                                  21,839                                          17 September 2020                                                          17 September 2023  Nil             17 September 2027  
                                                                                                                                                                                                         60,966                                          3 March 2021                                                               3 March 2024       Nil             3 March 2028       
                                                                                                                                                                                                         104,400                                         2 March 2022                                                               2 March 2025       Nil             2 March 2029       
                                                                                                                                                                                                         139,628                                         10 March 2023                                                              10 March 2026      Nil             10 March 2030      
                                                                                                                                                                                                         143,987                                         12 March 2024                                                              12 March 2027      Nil             12 March 2031      
 Deferred Share Plan                                                                                                                                                                                     53,779                                          10 March 2023                                                              10 March 2025      Nil             10 March 2026      
                                                                                                                                                                                                         65,792                                          12 March 2024                                                              12 March 2026      Nil             12 March 2027      
 SIP***                                                                                                                                                                                                  500                                             21 December 2022                                                           21 December 2025   Nil                                
                                                                                                                                                                                                         600                                             21 December 2023                                                           21 December 2026   Nil                                
 Class of relevant security:                                                                                                                                                                             0.1p Ordinary                                                                                                                                                 
                                                                                                                                                                                                         Interests                                                                                                                  Short positions                    
                                                                                                                                                                                                         Number                                          %                                                                          Number             %               
 (1) Relevant securities owned and/or controlled:                                                                                                                                                        51,908                                          0.01                                                                       Nil                Nil             
 (2) Cash-settled derivatives:                                                                                                                                                                           Nil                                             Nil                                                                        Nil                Nil             
 (3) Stock-settled derivatives (including options) and agreements to purchase/sell:                                                                                                                      Nil                                             Nil                                                                        Nil                Nil             
 TOTAL:                                                                                                                                                                                                  51,908                                          0.01                                                                       Nil                Nil             

 

Details of any open stock-settled derivative positions (including traded
options), or agreements to purchase or sell relevant securities, should be
given on a Supplemental Form 8 (Open Positions).

 

Details of any securities borrowing and lending positions or financial
collateral arrangements should be disclosed on a Supplemental Form 8 (SBL).

 

4. OTHER INFORMATION

 

(a) Indemnity and other dealing arrangements

 

 Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the party to the offer making the disclosure or any person acting in concert with it: Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state "none"  
 None                                                                                                                                                                                                                                                                                                                                                                                                                                                         

 

(b) Agreements, arrangements or understandings relating to options or
derivatives

 

 Details of any agreement, arrangement or understanding, formal or informal, between the party to the offer making the disclosure, or any person acting in concert with it, and any other person relating to: (i) the voting rights of any relevant securities under any option; or (ii) the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced: If there are no such agreements, arrangements or understandings, state "none"  
 None                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         

 

(c) Attachments

 

Are any Supplemental Forms attached?

 

 Supplemental Form 8 (Open Positions)  NO  
 Supplemental Form 8 (SBL)             NO  

 

 

 Date of disclosure:  16 September 2024  
 Contact name:        Carolyn Pollard    
 Telephone number:    07967 588204       

 

Public disclosures under Rule 8 of the Code must be made to a Regulatory
Information Service.

 

The Panel's Market Surveillance Unit is available for consultation in relation
to the Code's disclosure requirements on +44 (0)20 7638 0129.

 

The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.

 



Copyright (c) 2024 PR Newswire Association,LLC. All Rights Reserved

Recent news on Rightmove

See all news