TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi
1. Identity of the issuer or the underlying RIGHTMOVE PLC
issuer of existing shares to which voting
rights are 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 NO
may result in the acquisition of shares already issued to which voting
rights are attached
An acquisition or disposal of instruments with similar economic effect YES
to qualifying financial instruments
An event changing the breakdown of voting rights NO
Other (please N/A
specify):
3. Full name of person(s) subject to TREMBLANT CAPITAL LP
the notification obligation: iii
4. Full name of shareholder(s) (if TREMBLANT PARTNERS MASTER FUND LP
different from 3.):iv
TREMBLANT PARTNERS LP
TREMBLANT CONCENTRATED MASTER FUND LP
TREMBLANT CONCENTRATED FUND LP
5. Date of the transaction and date 24 DECEMBER 2009
on which the threshold is crossed or
reached: v
6. Date on which issuer notified: 29 DECEMBER 2009
7. Threshold(s) that is/are crossed 9%
or reached: vi, vii
8. Notified details:
A: Voting rights attached to shares viii, ix
Class/type of Situation previous Resulting situation after
shares to the triggering the triggering
transaction transaction
if possible Number Number Number Number of % of voting
using of of of voting rights x
the ISIN CODE Shares Voting shares rights
Rights
Direct Direct Indirect Direct Indirect
xi xii
ORDINARY 7,672,310 7,672,310 7,672,310 6.59%
GB00B2987V85
B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial Expiration Exercise/ Number of voting % of voting
instrument date xiii Conversion Period rights that may be rights
xiv acquired if the
instrument is
exercised/
converted.
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 refers to
xviii
Nominal Delta
Contract for N/A N/A N/A Below 3% Below 3%
Differences
Total (A+B+C)
Number of voting rights Percentage of voting rights
10,485,076 9.01%
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.
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:
14. Contact name: ROBYN PERRISS
15. Contact telephone number: + 44 (0)1908 308 542
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Obtains access to the information in a personal capacity;
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Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
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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