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Rightmove Plc (RMV)

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Friday 12 December, 2008

Rightmove Plc

SECONDARY PLACING OF ORDINARY

RNS Number : 0197K
Rightmove Plc
12 December 2008
 



12 December 2008


NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION INTO OR IN THE UNITED STATESCANADAAUSTRALIA OR JAPAN 


SECONDARY PLACING OF ORDINARY SHARES IN RIGHTMOVE PLC ('RIGHTMOVE') 


UBS Limited ('UBS') and Numis Securities Limited ('Numis') announce that, following agreement between UBS, Numis and the selling shareholder approximately 21 million ordinary shares in Rightmove, representing in aggregate 18.1 per cent. of the issued share capital of Rightmove (the 'Placing') have been placed at a price of 155 pence per ordinary share.



Enquiries: 


UBS Limited, Tel: +44 (0)20 7567 8000 


Peter Luck

Tom Johnson


Numis Securities Limited, Tel: +44 (0)20 7260 1000


Michael Meade

James Serjeant


UBS Limited ('UBS') is acting on the placing and will not be responsible to anyone other than the selling shareholder for providing the protections afforded to its clients, nor for providing advice in relation to the placing, the contents of this announcement, or any transaction or arrangement referred to herein.


Numis Securities Limited ('Numis') is acting on the placing and will not be responsible to anyone other than the selling shareholder for providing the protections afforded to its clients, nor for providing advice in relation to the placing, the contents of this announcement, or any transaction or arrangement referred to herein.



This information is provided by RNS
The company news service from the London Stock Exchange
 
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