Sale of shares by Simon Nixon

RNS Number : 5993N

Moneysupermarket.com Group PLC

19 May 2015

 



Not for release, publication or distribution, directly or indirectly, in whole or in part, into or within the United States or any other jurisdiction where to do so would constitute a violation of the laws of that jurisdiction.

19 May 2015

Moneysupermarket.com Group PLC

Placing of shares in the Company

Moneysupermarket.com Group PLC ("Moneysupermarket.com" or "the Company") notes the sale by Simon Nixon of 20m shares, representing approximately 3.7% of the issued share capital of the Company.

This sale reduces Simon Nixon's stake in Moneysupermarket.com to approximately 12.8%.

As a result of Simon Nixon's stake falling below 15%, the relationship agreement between Simon and Moneysupermarket.com, that has been in place since 2007, has now ended.  This allowed Simon Nixon to nominate for appointment a non-executive Director to the Board.  While he has never taken up this right, the right will now fall away.

Simon Nixon remains on the Board as a non-executive Director.

Please refer to the separate announcement for further details.

For further information, please contact:

Moneysupermarket.com Group PLC

Tel: [phone]

Matthew Price, Chief Financial Officer

Maitland

Tel: [phone]

William Clutterbuck

Important additional information

This announcement does not constitute, or form part of an offer or invitation to subscribe for, purchase or otherwise acquire, or any solicitation of any offer to subscribe for, purchase or otherwise acquire any ordinary shares or any other securities of the Company in any jurisdiction.

This announcement is not an offer of securities for sale in or into the United States. The securities of the Company have not been and will not be registered under the U.S. Securities Act of 1933 (the "Securities Act"), or with any securities regulatory authority of any state or other jurisdiction of the United States, and may not be offered or sold in or into the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and in compliance with any applicable securities laws of any state or other jurisdiction of the United States. No public offering of securities is being made in the United States or elsewhere.

 

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