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
An acquisition or disposal of qualifying financial instruments which
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
Other (please
specify):
3. Full name of person(s) subject to Tremblant Capital LP
the notification obligation: iii
4. Full name of shareholder(s) (if Morgan Stanley Credit Suisse
different from 3.):iv
5. Date of the transaction and date 4 August 2010
on which the threshold is crossed or
reached: v
6. Date on which issuer notified: 6 August 2010
7. Threshold(s) that is/are crossed 6%
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 4,961,436 4,961,436 4,961,436 4.33%
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.
N/A N/A N/A N/A N/A
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
CFD N/A N/A N/A Below 3% Below 3%
Total (A+B+C)
Number of voting rights Percentage of voting rights
6,712,471 5.86%
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 the 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 the 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 the voting rights
which are subject to this notification.
Proxy Voting:
10. Name of the proxy holder: T
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: The denominator used for this
notification is 114,528,000 shares (as
per the filing made by Rightmove plc on
30 June 2010)
14. Contact name: Robyn Perriss
15. Contact telephone number: 01908 308542
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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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