Information  X 
Enter a valid email address

Rightmove PLC (RMV)

  Print      Mail a friend       Annual reports

Tuesday 05 February, 2008

Rightmove PLC

Holding(s) in Company


TR-1 (i) NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Identity of the issuer or the underlying issuer of existing shares to which
voting rights are attached (ii):

RIGHTMOVE PLC

2. Reason for the notification                                  State          
                                                                Yes/No         
                                                                               
An acquisition or disposal of voting rights                       x            
                                                                               
An acquisition or disposal of financial instruments              Yes           
which may result in the                                                        
acquisition of shares already issued to which voting                           
rights are attached                                                            
                                                                               
An event changing the breakdown of voting rights                               
                                                                               
Other (please specify): Scheme of Arrangement and                Yes           
listing of new holding company                                                 

3. Full name of person(s) subject to the notification   Baillie Gifford & Co   
obligation (iii):                                                              
                                                                               
4. Full name of shareholder(s) (if different from 3.)                          
(iv):                                                                          
                                                                               
5. Date of the transaction (and date on which the          28 January 2008     
threshold is crossed                                                           
or reached if different) (v):                                                  
                                                                               
6. Date on which issuer notified:                          4 February 2008     
                                                                               
7. Threshold(s) that is/are crossed or reached:         The level of holdings  
                                                      remains the same as those
                                                      held immediately prior to
                                                      the Scheme of Arrangement
                                                      which became effective on
                                                           28 January 2008     
                                                                               
8. Notified details:                                                           

A: Voting rights attached to shares

 Class/type of     Situation        Resulting situation after the triggering   
    shares        previous to                  transaction (vii)               
  if possible    the Triggering                                                
using the ISIN  transaction (vi)                                               
     CODE                                                                      
                                                                               
                Number   Number    Number    Number of voting    % of voting   
                  of       of        of        rights (ix)          rights     
                Shares   Voting    shares                                      
                         Rights                                                
                         (viii)                                                
                                                                               
                                            Direct   Indirect  Direct  Indirect
                                                                               
Ord 1p Shares      0       0     10,304,488         10,304,488          7.96%  
                                                                               
 GB00B2987V85                                                                  

B: Financial Instruments

Resulting situation after the triggering transaction

   Type of     Expiration       Exercise/        Number of voting       % of   
  financial    date (xiii)      Conversion      rights that may be     voting  
 instrument                 Period/ Date (xiv)    acquired if the      rights  
                                                    instrument                 
                                                   is exercised/               
                                                     converted                 
                                                                               
     N/A                                                                       

Total (A+B)                                                                    
                                                                               
Number of voting rights                 % of voting rights                     
                                                                               
10,304,488                              7.96                                   

9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable:

In the narrative below, the figures in [ ] indicate the amount of voting rights
and the percentage held by each controlled undertaking where relevant.         
                                                                               
Baillie Gifford & Co, a discretionary investment manager, is the parent        
undertaking of an investment management group.                                 
                                                                               
Its wholly owned direct subsidiary undertaking Baillie Gifford Overseas Limited
[262011; 0.2%] is also a discretionary investment manager.                     
                                                                               
Its wholly owned direct subsidiary undertaking Baillie Gifford Life Limited    
[1032528; 0.8%] is a life assurance company which procures discretionary       
investment management services from Baillie Gifford & Co in respect of its own 
account shareholdings.                                                         
                                                                               
Its wholly owned indirect (via Baillie Gifford Life Limited) subsidiary        
undertaking Baillie Gifford & Co Limited [941124; 0.7%] is an OEIC Authorised  
Corporate Director and Unit Trust Manager which has delegated its discretionary
investment management role to Baillie Gifford & Co.                            

Proxy Voting:


10. Name of the proxy holder:                                 N/A              
                                                                               
11. Number of voting rights proxy holder will cease to hold:  N/A              
                                                                               
12. Date on which proxy holder will cease to hold voting      N/A              
rights:                                                                        

13. Additional information:                                   Notification     
                                                              using the total  
                                                              voting rights    
                                                              figure of        
                                                              129,399,978      
                                                                               
14. Contact name:                                             Liz Taylor       
                                                                               
15. Contact telephone number:                                 0207 087 0700    

Annex Notification Of Major Interests In Shares (xvi)


A: Identity of the person or legal entity subject to the                       
notification obligation                                                        
                                                                               
Full name (including legal form for legal entities)                            
                                                                               
Contact address (registered office for legal entities)                         
                                                                               
Phone number                                                                   
                                                                               
Other useful information (at least legal representative for                    
legal persons)                                                                 
                                                                               
B: Identity of the notifier, if applicable (xvii)                              
                                                                               
Full name                                                                      
                                                                               
Contact address                                                                
                                                                               
Phone number                                                                   
                                                                               
Other useful information (e.g. functional relationship with                    
the person                                                                     
or legal entity subject to the notification obligation)                        

C: Additional information