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Rightmove PLC Director's Dealing 2024
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Director's Dealing
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National Storage Mechanism | Additional information
Rightmove Plc - Form 8 (OPD) - Rightmove plc
PR Newswire
LONDON, United Kingdom, September 16
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 |
* Percentages have been given to two decimal places.
** Excludes shares held under the SIP (see below).
*Interests held as options or awards by directors of Rightmove plc in Rightmove plc ordinary shares***
*Johan Svanstrom*
| 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 | |
| --- | --- | --- | --- | --- | --- |
*Alison Dolan*
| 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 | ||
| --- | --- | --- | --- | --- | --- |
*** 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 of Morgan Stanley & Co International plc (through Calvert 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 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 .
