Company Announcements

Rightmove Plc - Statement re OpenRent

8 th August 2024

Rightmove plc

 

Contract update and confirmation of guidance

 

 

Further to the announcement on 6th August, Rightmove announces that OpenRent has entered into a new membership agreement.   Our guidance for the year remains as stated at our H1 2024 results.

 

 

Enquiries:

Investor Relations   Investor.Relations@rightmove.co.uk

Sodali & Co     rightmove@sodali.com

 

 

 

About Rightmove

    --  Rightmove has the UK's largest selection of properties for sale and to
        rent, adds more listings than anyone else, and over 80% of all time
        spent on property portals is on Rightmove.
    --  Rightmove's vision is to give everyone the belief that they can make
        their move by giving people the best place to turn and return to for
        access to tools and expertise to make it happen.
    --  People can search Rightmove for residential resale, new homes, rentals,
        commercial property and overseas properties and use tools and
        information including getting a Mortgage in Principle, checking local
        sold prices, property valuations, market trends, maps and schools.
    --  Customers include the following key groups: estate agents, lettings
        agents, new homes developers, rental operators, commercial property
        operators and overseas property agents.
    --  Using the UK's largest housing datasets, we issue a number of regular
        reports to track housing market indicators: our monthly House Price
        Index (established 2002), our quarterly Rental Trends Tracker
        (established 2015), and a weekly Mortgage Rates Tracker (established
        2023). Historical data is available on request.
    --  Founded in 2000, Rightmove listed on the London Stock Exchange in 2006
        and is a member of the FTSE 100 index.