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): | | | |N/A | |The naming of nominee or vehicle companies is | | |insufficient.For a trust, the trustee(s), settlor and | | |beneficiaries must be named. | | |__________________________________________________________|_________________| |(c) Name of offeror/offeree in relation to whose relevant | | |securities this form relates: |Rightmove plc | | | | |Use a separate form for each offeror/offeree | | |__________________________________________________________|_________________| |(d) Is the discloser the offeror or the offeree? |OFFEREE | |__________________________________________________________|_________________| |(e) Date position held: | | | |13 September 2024| |The latest practicable date prior to the disclosure | | |__________________________________________________________|_________________| |(f) In addition to the company in 1(c) above, is the | | |discloser making disclosures in respect of any other party| | |to the offer? |REA Group Ltd | | | | |If it is a cash offer or possible cash offer, state "N/A" | | |__________________________________________________________|_________________|
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 | |_____________________________________________________|_________________| | |Interest|Short | | | |position| | |________|________| | |Number|%|Number|%| |_____________________________________________________|______|_|______|_| |(1) Relevant securities owned and/or controlled: |Nil |-|Nil |-| |_____________________________________________________|______|_|______|_| |(2) Cash-settled derivatives: |Nil |-|Nil |-| |_____________________________________________________|______|_|______|_| |(3) Stock-settled derivatives (including options) and|Nil |-|Nil |-| |agreements to purchase/sell: | | | | | |_____________________________________________________|______|_|______|_| |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 |N/A| |percentages: | | |__________________________________________________________________________|___|
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: | |______________________________________________________________________________| | | | Number of Rightmove plc Percentage of total issued share | |Name of director ordinary shares held** 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 | | | | | |* Percentages have been given to two decimal places. | | | |** Excludes shares held under the SIP (see below). | | | |Interests held as options or awards by directors ofRightmove plc in Rightmove| |plc ordinary shares | | | |Johan Svanstrom | | | | _________________________________________________________________________ | || |Number of | | |Exercise| | | ||Share Plan |relevant |Grant Date |Vesting Date |Price |Expiry Date | | || |securities| | | | | | ||___________|__________|_____________|_____________|________|_____________| | ||Save as You|4,140 |19 September |1 November |£4.48 |30 April 2027| | ||Earn | |2023 |2026 | | | | ||___________|__________|_____________|_____________|________|_____________| | ||Performance|186,170 |10 March 2023|10 March 2026|Nil |10 March 2030| | ||Share Plan |__________|_____________|_____________|________|_____________| | || |191,983 |12 March 2024|12 March 2027|Nil |12 March 2031| | ||___________|__________|_____________|_____________|________|_____________| | ||Deferred |75,661 |12 March 2024|12 March 2026|Nil |12 March 2027| | ||Share Plan | | | | | | | ||___________|__________|_____________|_____________|________|_____________| | ||SIP*** |600 |21 December |21 December |Nil | | | || | |2023 |2026 | | | | ||___________|__________|_____________|_____________|________|_____________| | | | |Alison Dolan | | | | _________________________________________________________________________ | || |Number of | | |Exercise| | | ||Share Plan |relevant |Grant Date |Vesting Date |Price |Expiry date | | || |securities| | | | | | ||___________|__________|_____________|_____________|________|_____________| | || |21,839 |17 September |17 September |Nil |17 September | | || | |2020 |2023 | |2027 | | || |__________|_____________|_____________|________|_____________| | || |60,966 |3 March 2021 |3 March 2024 |Nil |3 March 2028 | | ||Performance|__________|_____________|_____________|________|_____________| | ||Share Plan |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 |53,779 |10 March 2023|10 March 2025|Nil |10 March 2026| | ||Share Plan |__________|_____________|_____________|________|_____________| | || |65,792 |12 March 2024|12 March 2026|Nil |12 March 2027| | ||___________|__________|_____________|_____________|________|_____________| | || |500 |21 December |21 December |Nil | | | || | |2022 |2025 | | | | ||SIP*** |__________|_____________|_____________|________|_____________| | || |600 |21 December |21 December |Nil | | | || | |2023 |2026 | | | | ||___________|__________|_____________|_____________|________|_____________| | | | |*** SIP shares are held beneficially by the director subject to the terms of | |the SIP. Legal title is held by the trustee of the SIP, Computershare Trustees| |Limited. | | | |Interests of connected advisers | | | |Interests ofMorgan Stanley & Co International plc (throughCalvert Research | |and Management) in Rightmove plc | | | | ____________________________________________________________________________ | ||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|Nil |Nil |Nil |Nil|| ||agreements to purchase/sell: | | | | || ||_____________________________________________________|______|____|______|___|| ||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| |____________________________________|__|
_____________________________________ | |16 September 2024| |Date of disclosure:| | |___________________|_________________| | |Carolyn Pollard | |Contact name: | | |___________________|_________________| | |07967 588204 | |Telephone number: | | |___________________|_________________|
Public disclosures under Rule 8 of the Code must be made to a
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 .
