Information  X 
Enter a valid email address

Rightmove PLC (RMV)

  Print      Mail a friend       Annual reports

Thursday 09 July, 2009

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                    Yes             
                                                                               
An acquisition or disposal of financial                                        
instruments 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):                                                        

3. Full name of person(s) subject to the             Tremblant Holdings LLC    
notification obligation (iii):                                                 
                                                                               
4. Full name of shareholder(s) (if different from                              
3.) (iv):                                                                      
                                                                               
5. Date of the transaction (and date on which the          1 July 2009         
threshold is crossed                                                           
or reached if different) (v):                                                  
                                                                               
6. Date on which issuer notified:                          6 July 2009         
                                                                               
7. Threshold(s) that is/are crossed or reached:                7%              
                                                                               
                                                  The voting rights which are  
                                                  the subject of this          
                                                  notification are included in 
                                                  the notification made on     
                                                  behalf of Mr Brett Barakett  
                                                  and the notification made on 
                                                  behalf of Tremblant Capital  
                                                  LP and Tremblant Capital LLC 
                                                  on October 31 2008           
                                                                               
8. Notified details:                                                           

A: Voting rights attached to shares

 Class/type of  Situation previous    Resulting situation after the triggering  
    shares              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   Direct  Indirect  Direct  Indirect
                                               (x)      (xi)                    
                                                                                
      ORD       2,322,115 2,322,115    0              8,657,420          7.37%  
                                                                                
 GB00B2987V85                                                                   
                                                                                

B: Financial Instruments

Resulting situation after the triggering transaction (xii)

   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                 
                                                                               

Total (A+B)                                                                    
                                                                               
Number of voting rights                 % of voting rights                     
                                                                               
               8,657,420                7.37%                                  

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

Tremblant Partners L.P 2,322,115 voting rights                                 
                                                                               
Tremblant Partners Master Fund LP 6,335,305 voting rights                      
                                                                               
Each of Tremblant Holdings LLC, Tremblant Capital LP and Tremblant Capital LLC 
has an indirect interest in the voting rights held by Tremblant Partners LP and
Tremblant Partners Master Fund LP                                              
                                                                               

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:      On 1 July 2009 Tremblant Partners Ltd         
                                 contributed its entire holding of 6,335,305   
                                 shares to a new partnership n which it is a   
                                 limited partner. There has been no charge in  
                                 beneficial ownership. Percentage holdings     
                                 herein are based on 117.5m ordinary shares of 
                                 1p each.                                      
                                                                               
14. Contact name:                                                              
                                                                               
15. Contact telephone number:                                                  

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                                              Liz Taylor                
                                                                                 
Contact address                                        liz.taylor@rightmove.co.uk
                                                                                 
Phone number                                           0207 087 0700             
                                                                                 
Other useful information (e.g. functional relationship                           
with the person                                                                  
or legal entity subject to the notification                                      
obligation)                                                                      

C: Additional information