SECONDARY PLACING OF ORDINARY

RNS Number : 0197K

Rightmove Plc

12 December 2008

 



12 December 2008

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION INTO OR IN THE UNITED STATES, CANADA, AUSTRALIA OR JAPAN 

SECONDARY PLACING OF ORDINARY SHARES IN RIGHTMOVE PLC ('RIGHTMOVE') 

UBS Limited ('UBS') and Numis Securities Limited ('Numis') announce that, following agreement between UBS, Numis and the selling shareholder approximately 21 million ordinary shares in Rightmove, representing in aggregate 18.1 per cent. of the issued share capital of Rightmove (the 'Placing') have been placed at a price of 155 pence per ordinary share.

Enquiries: 

UBS Limited, Tel: [phone] 

Peter Luck

Tom Johnson

Numis Securities Limited, Tel: [phone]

Michael Meade

James Serjeant

UBS Limited ('UBS') is acting on the placing and will not be responsible to anyone other than the selling shareholder for providing the protections afforded to its clients, nor for providing advice in relation to the placing, the contents of this announcement, or any transaction or arrangement referred to herein.

Numis Securities Limited ('Numis') is acting on the placing and will not be responsible to anyone other than the selling shareholder for providing the protections afforded to its clients, nor for providing advice in relation to the placing, the contents of this announcement, or any transaction or arrangement referred to herein.

 

END

 

 

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