RESULTS OF SECONDARY PLACING OF ORDINARY SHARES IN RIGHTMOVE PLC ("Rightmove")
Countrywide plc is pleased to announce the successful completion of the
secondary placing of approximately 5.08 million ordinary shares in Rightmove
(the "Rightmove Shares") at a price of 600 pence per Rightmove Share.
The placing was conducted by UBS Limited ("UBS") on behalf of those holders of
Countrywide plc ordinary shares who have elected to sell for cash the Rightmove
Shares to which they would have been entitled as part of the consideration due
to them following the acquisition of Countrywide plc by Castle Holdco 4 Ltd by
scheme of arrangement.
This announcement has been issued by Countrywide plc and is the sole
responsibility of Countrywide plc.
This announcement is for information purposes only and does not constitute or
form part of an offer or invitation to acquire or dispose of any Rightmove
Shares, or constitute a solicitation of any offer to purchase or subscribe for
securities in any jurisdiction, including the United States, Canada, Australia
or Japan. The Rightmove Shares have not been, and will not be, registered under
the United States Securities Act of 1933, as amended, or under the securities
legislation of any state of the United States.
The Rightmove Shares may not, directly or indirectly, be offered or sold within
the United States, Canada, Australia or Japan or offered or sold to a resident
of Canada, Australia or Japan. The Rightmove Shares have not been, and will not
be, registered under the United States Securities Act of 1933, as amended, and
may not be offered or sold in the United States absent registration or an
exemption from registration. No public offering of securities is being made in
the United States.
This announcement is not for publication or distribution to persons in the
United States of America, its territories or possessions or to any US person
(within the meaning of Regulation S under the US Securities Act of 1933, as
amended). Neither this announcement nor any copy of it may be taken or
transmitted into Australia, Canada or Japan or to Canadian persons or to any
securities analyst or other person in any of those jurisdictions. Any failure
to comply with this restriction may constitute a violation of United States,
Australian, Canadian or Japanese securities law. The distribution of this
announcement in certain other jurisdictions may be restricted by law and
persons into whose possession this announcement comes should inform themselves
about, and observe, any such restrictions.
This announcement and any offer of securities to which it relates are only
addressed to and directed at persons who are (1) qualified investors within the
meaning of directive 2003/71/ec and any relevant implementing measures and (2)
who have professional experience in matters relating to investments who fall
within article 19(1) of the Financial Services and Markets Act 2000 (Financial
Promotion) Order 2005 (the "Order") or are persons falling within article 49(2)
(a) to (d) ("High Net Worth Companies, Unincorporated Associations, etc") of
the Order (all such persons together being referred to as "relevant persons").
The information regarding the Placing set out in this announcement must not be
acted on or relied on by persons who are not relevant persons. Any investment
or investment activity to which this announcement relates is available only to
relevant persons and will be engaged in only with relevant persons.