AMENDMENT(2(a), 2(b))
FORM 8.5 (EPT/RI)
PUBLIC DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITH RECOGNISED INTERMEDIARY STATUS DEALING IN A CLIENT-SERVING CAPACITY
Rule 8.5 of the Takeover Code (the "Code")
1. KEY INFORMATION
(a) Name of exempt principal trader: |
Morgan Stanley & Co. International plc |
(b) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree |
Rightmove plc |
(c) Name of the party to the offer with which exempt principal trader is connected: |
Rightmove plc |
(d) Date dealing undertaken: |
12 September 2024 |
(e) In addition to the company in 1(b) above, is the exempt principal trader making disclosures in respect of any other party to this offer? If it is a cash offer or possible cash offer, state "N/A" |
YES- REA group Ltd |
2. DEALINGS BY THE EXEMPT PRINCIPAL TRADER
Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(b), copy table 2(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.
The currency of all prices and other monetary amounts should be stated.
(a) Purchases and sales
Class of relevant security |
Purchases/ sales
|
Total number of securities |
Highest price per unit paid/received |
Lowest price per unit paid/received |
0.1p ordinary |
PURCHASES |
1,693,389 |
6.7940 GBP |
6.6732 GBP |
0.1p ordinary |
SALES |
698,042 |
6.7966 GBP |
6.6730 GBP |
(b) Cash-settled derivative transactions
Class of relevant security |
Product description e.g. CFD |
Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position |
Number of reference securities |
Price per unit |
0.1p ordinary |
CFD |
increasing a long position |
364 |
6.6730 GBP |
0.1p ordinary |
CFD |
increasing a long position |
970 |
6.6825 GBP |
0.1p ordinary |
CFD |
increasing a long position |
555 |
6.6931 GBP |
0.1p ordinary |
CFD |
increasing a long position |
2,398 |
6.7062 GBP |
0.1p ordinary |
CFD |
increasing a long position |
165 |
6.7351 GBP |
0.1p ordinary |
CFD |
increasing a long position |
12,825 |
6.7500 GBP |
0.1p ordinary |
CFD |
increasing a long position |
132,849 |
6.7500 GBP |
0.1p ordinary |
CFD |
increasing a long position |
4,918 |
6.7590 GBP |
0.1p ordinary |
CFD |
increasing a long position |
283 |
6.7600 GBP |
0.1p ordinary |
CFD |
increasing a long position |
286 |
6.7610 GBP |
0.1p ordinary |
CFD |
increasing a long position |
71,685 |
6.7966 GBP |
0.1p ordinary |
CFD |
increasing a short position |
615 |
6.6740 GBP |
0.1p ordinary |
CFD |
increasing a short position |
30 |
6.6740 GBP |
0.1p ordinary |
CFD |
increasing a short position |
11,868 |
6.6740 GBP |
0.1p ordinary |
CFD |
increasing a short position |
1,782 |
6.6784 GBP |
0.1p ordinary |
CFD |
increasing a short position |
2,873 |
6.6785 GBP |
0.1p ordinary |
CFD |
increasing a short position |
4,753 |
6.6841 GBP |
0.1p ordinary |
CFD |
increasing a short position |
2,455 |
6.7011 GBP |
0.1p ordinary |
CFD |
increasing a short position |
13,528 |
6.7190 GBP |
0.1p ordinary |
CFD |
increasing a short position |
2,157 |
6.7241 GBP |
0.1p ordinary |
CFD |
increasing a short position |
34,010 |
6.7342 GBP |
0.1p ordinary |
CFD |
increasing a short position |
658 |
6.7402 GBP |
0.1p ordinary |
CFD |
increasing a short position |
2,551 |
6.7402 GBP |
0.1p ordinary |
CFD |
increasing a short position |
234 |
6.7402 GBP |
0.1p ordinary |
CFD |
increasing a short position |
201 |
6.7402 GBP |
0.1p ordinary |
CFD |
increasing a short position |
320 |
6.7402 GBP |
0.1p ordinary |
CFD |
increasing a short position |
7,859 |
6.7421 GBP |
0.1p ordinary |
CFD |
increasing a short position |
1,435 |
6.7422 GBP |
0.1p ordinary |
CFD |
increasing a short position |
207 |
6.7500 GBP |
0.1p ordinary |
CFD |
increasing a short position |
3,089 |
6.7527 GBP |
0.1p ordinary |
CFD |
increasing a short position |
258 |
6.7587 GBP |
0.1p ordinary |
CFD |
increasing a short position |
286 |
6.7600 GBP |
0.1p ordinary |
CFD |
increasing a short position |
3 |
6.7600 GBP |
0.1p ordinary |
CFD |
increasing a short position |
54 |
6.7660 GBP |
0.1p ordinary |
CFD |
increasing a short position |
4,690 |
6.7688 GBP |
0.1p ordinary |
CFD |
increasing a short position |
210 |
6.7701 GBP |
0.1p ordinary |
CFD |
increasing a short position |
1,918 |
6.7706 GBP |
0.1p ordinary |
CFD |
increasing a short position |
1,962 |
6.7750 GBP |
0.1p ordinary |
CFD |
increasing a short position |
336 |
6.7770 GBP |
0.1p ordinary |
CFD |
reducing a long position |
580 |
6.6740 GBP |
0.1p ordinary |
CFD |
reducing a long position |
675 |
6.6740 GBP |
0.1p ordinary |
CFD |
reducing a long position |
29,399 |
6.6740 GBP |
0.1p ordinary |
CFD |
reducing a long position |
80 |
6.6740 GBP |
0.1p ordinary |
CFD |
reducing a long position |
8,143 |
6.6740 GBP |
0.1p ordinary |
CFD |
reducing a long position |
13,647 |
6.6843 GBP |
0.1p ordinary |
CFD |
reducing a long position |
2,918 |
6.6843 GBP |
0.1p ordinary |
CFD |
reducing a long position |
44,396 |
6.6844 GBP |
0.1p ordinary |
CFD |
reducing a long position |
9,183 |
6.6864 GBP |
0.1p ordinary |
CFD |
reducing a long position |
26,333 |
6.6984 GBP |
0.1p ordinary |
CFD |
reducing a long position |
17,558 |
6.6984 GBP |
0.1p ordinary |
CFD |
reducing a long position |
9,013 |
6.6984 GBP |
0.1p ordinary |
CFD |
reducing a long position |
9,933 |
6.6997 GBP |
0.1p ordinary |
CFD |
reducing a long position |
25,000 |
6.7011 GBP |
0.1p ordinary |
CFD |
reducing a long position |
5,930 |
6.7091 GBP |
0.1p ordinary |
CFD |
reducing a long position |
93,400 |
6.7167 GBP |
0.1p ordinary |
CFD |
reducing a long position |
27,709 |
6.7223 GBP |
0.1p ordinary |
CFD |
reducing a long position |
2,398 |
6.7241 GBP |
0.1p ordinary |
CFD |
reducing a long position |
6,552 |
6.7274 GBP |
0.1p ordinary |
CFD |
reducing a long position |
1,347 |
6.7434 GBP |
0.1p ordinary |
CFD |
reducing a long position |
4,631 |
6.7434 GBP |
0.1p ordinary |
CFD |
reducing a long position |
782,826 |
6.7434 GBP |
0.1p ordinary |
CFD |
reducing a long position |
13,477 |
6.7434 GBP |
0.1p ordinary |
CFD |
reducing a long position |
7,618 |
6.7434 GBP |
0.1p ordinary |
CFD |
reducing a long position |
756 |
6.7434 GBP |
0.1p ordinary |
CFD |
reducing a long position |
147,294 |
6.7434 GBP |
0.1p ordinary |
CFD |
reducing a long position |
132,849 |
6.7500 GBP |
0.1p ordinary |
CFD |
reducing a long position |
7 |
6.7548 GBP |
0.1p ordinary |
CFD |
reducing a long position |
286 |
6.7587 GBP |
0.1p ordinary |
CFD |
reducing a short position |
2,157 |
6.6739 GBP |
0.1p ordinary |
CFD |
reducing a short position |
15 |
6.6740 GBP |
0.1p ordinary |
CFD |
reducing a short position |
207 |
6.6740 GBP |
0.1p ordinary |
CFD |
reducing a short position |
10,126 |
6.6740 GBP |
0.1p ordinary |
CFD |
reducing a short position |
107,278 |
6.6802 GBP |
0.1p ordinary |
CFD |
reducing a short position |
35,445 |
6.6808 GBP |
0.1p ordinary |
CFD |
reducing a short position |
2,206 |
6.6898 GBP |
0.1p ordinary |
CFD |
reducing a short position |
1,667 |
6.6905 GBP |
0.1p ordinary |
CFD |
reducing a short position |
336 |
6.7062 GBP |
0.1p ordinary |
CFD |
reducing a short position |
3,024 |
6.7070 GBP |
0.1p ordinary |
CFD |
reducing a short position |
29,372 |
6.7070 GBP |
0.1p ordinary |
CFD |
reducing a short position |
55 |
6.7177 GBP |
0.1p ordinary |
CFD |
reducing a short position |
16 |
6.7177 GBP |
0.1p ordinary |
CFD |
reducing a short position |
107,874 |
6.7180 GBP |
0.1p ordinary |
CFD |
reducing a short position |
5,832 |
6.7217 GBP |
0.1p ordinary |
CFD |
reducing a short position |
210 |
6.7351 GBP |
0.1p ordinary |
CFD |
reducing a short position |
20,612 |
6.7430 GBP |
0.1p ordinary |
CFD |
reducing a short position |
3,089 |
6.7458 GBP |
0.1p ordinary |
CFD |
reducing a short position |
1,435 |
6.7582 GBP |
0.1p ordinary |
CFD |
reducing a short position |
3 |
6.7600 GBP |
0.1p ordinary |
CFD |
reducing a short position |
1,070 |
6.7633 GBP |
0.1p ordinary |
CFD |
reducing a short position |
7,487 |
6.7656 GBP |
0.1p ordinary |
CFD |
reducing a short position |
1 |
6.7679 GBP |
0.1p ordinary |
CFD |
reducing a short position |
2,900 |
6.7745 GBP |
0.1p ordinary |
CFD |
reducing a short position |
1,300 |
6.7745 GBP |
0.1p ordinary |
CFD |
reducing a short position |
671 |
6.7880 GBP |
(c) Stock-settled derivative transactions (including options)
(i) Writing, selling, purchasing or varying
Class of relevant security |
Product description e.g. call option |
Writing, purchasing, selling, varying etc. |
Number of securities to which option relates |
Exercise price per unit |
Type e.g. American, European etc. |
Expiry date |
Option money paid/ received per unit |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
(ii) Exercise
Class of relevant security |
Product description e.g. call option |
Exercising/ exercised against |
Number of securities |
Exercise price per unit |
N/A |
N/A |
N/A |
N/A |
N/A |
(d) Other dealings (including subscribing for new securities)
Class of relevant security |
Nature of dealing e.g. subscription, conversion |
Details |
Price per unit (if applicable) |
N/A |
N/A |
N/A |
N/A |
3. OTHER INFORMATION
(a) Indemnity and other dealing arrangements
Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the exempt principal trader making the disclosure and any party to the offer or any person acting in concert with a party to the offer: Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state "none" |
NONE
|
(b) Agreements, arrangements or understandings relating to options or derivatives
Details of any agreement, arrangement or understanding, formal or informal, between the exempt principal trader making the disclosure and any other person relating to: (i) the voting rights of any relevant securities under any option; or (ii) the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced: If there are no such agreements, arrangements or understandings, state "none" |
NONE
|
Date of disclosure: |
16 September 2024 |
Contact name: |
Craig Horsley |
Telephone number: |
+44 141 245-7736 |
Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.
The Panel's Market Surveillance Unit is available for consultation in relation to the Code's dealing disclosure requirements on +44 (0)20 7638 0129.
The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.