TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi
1. Identity of the issuer or the underlying issuer
of existing shares to which voting rights are RIGHTMOVE PLC
attached:ii
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights NO
An acquisition or disposal of qualifying financial instruments which may result NO
in the acquisition of shares already issued to which voting rights are attached
An acquisition or disposal of instruments with similar economic effect to NO
qualifying financial instruments
An event changing the breakdown of voting rights NO
Other (please specify): Please see Box 13 ("Additional Information"), below.
N/A
3. Full name of person(s) subject to the TREMBLANT CAPITAL LP
notification obligation:iii
TREMBLANT PARTNERS MASTER FUND LP
4. Full name of shareholder(s) TREMBLANT PARTNERS LP
(if different from 3.):iv
TREMBLANT CONCENTRATED MASTER FUND
LP
TREMBLANT CONCENTRATED FUND LP
5. Date of the transaction and date on
which the threshold is crossed or 07 DECEMBER 2009
reached: v
6. Date on which issuer notified: 09 DECEMBER 2009
7. Threshold(s) that is/are crossed or
reached: vi, vii 8%
8. Notified details:
A: Voting rights attached to shares viii, ix
Class/type Situation previous Resulting situation after the triggering transaction
of to the triggering
shares transaction
Number Number Number Number of voting % of voting rights
if possible of of of shares rights x
using Shares Voting
the ISIN Rights Direct Direct xi Indirect Direct Indirect
CODE xii
ORDINARY
GB00B2987V85 7,672,310 7,672,310 7,672,310 6.55%
B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of Expiration Exercise/ Number of voting % of voting
financial date xiii Conversion Period xiv rights that may be rights
instrument acquired if the
instrument is
exercised/ converted.
N/A
N/A N/A N/A N/A
C: Financial Instruments with similar economic effect to Qualifying Financial
Instruments xv, xvi
Resulting situation after the triggering transaction
Type of Exercise Expiration Exercise/ Number of voting % of voting
financial price date xvii Conversion rights instrument rights xix, xx
instrument period xviii refers to
Contract for Nominal Delta
Differences N/A N/A N/A Below 3%
Below 3%
Total (A+B+C)
Number of voting rights Percentage of voting rights
9,662,097 8.25%
9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable: xxi
The shares of Rightmove Plc, and the financial instruments relating to such
shares, are held by Tremblant Partners Master Fund LP, Tremblant Partners LP,
Tremblant Concentrated Master Fund LP, and Tremblant Concentrated Fund LP
(together, the "Tremblant Funds").
Tremblant Capital LP is the investment manager of the Tremblant Funds and has
been granted full discretion to exercise the voting rights relating to the
shares and financial instruments held by these funds under the related
investment management agreements.
Mr. Brett Barakett is the managing member of the general partner of Tremblant
Capital LP and therefore has an indirect interest in all of the voting rights
which are the subject of this notification.
On December 7, 2009, the former investment manager of Tremblant Concentrated
Master Fund LP and Tremblant Concentrated Fund LP, Tremblant Asset Management
LP, merged into Tremblant Capital LP, and assigned its duties as investment
manager to Tremblant Capital LP. It is as a result of the merger that this
TR-1 Form is being submitted.
Proxy Voting:
10. Name of the proxy holder:
11. Number of voting rights proxy holder will cease
to hold:
12. Date on which proxy holder will cease to hold
voting rights:
13. Additional information:
Liz Taylor
14. Contact name:
15. Contact telephone number: 02070870700
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Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
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