TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi
1. Identity of the issuer or the underlying issuer
of existing shares to which voting rights are RIGHTMOVE PLC
attached:ii
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights YES
An acquisition or disposal of qualifying financial instruments which may result NO
in the acquisition of shares already issued to which voting rights are attached
An acquisition or disposal of instruments with similar economic effect to YES
qualifying financial instruments
An event changing the breakdown of voting rights NO
Other (please specify): Please see Box 13 ("Additional Information"), below.
N/A
3. Full name of person(s) subject to the TREMBLANT CAPITAL LP
notification obligation:iii
TREMBLANT ASSET MANAGEMENT LP
TREMBLANT PARTNERS MASTER FUND LP
4. Full name of shareholder(s) TREMBLANT PARTNERS LP
(if different from 3.):iv
TREMBLANT CONCENTRATED MASTER FUND
LP
TREMBLANT CONCENTRATED FUND LP
5. Date of the transaction and date on
which the threshold is crossed or 24 AUGUST 2009
reached: v
6. Date on which issuer notified: 26 AUGUST 2009
7. Threshold(s) that is/are crossed or
reached: vi, vii 9%
8. Notified details:
A: Voting rights attached to shares viii, ix
Class/type of Situation previous Resulting situation after the triggering
shares to the triggering transaction
transaction
if possible using Number Number Number Number of voting % of voting
the ISIN CODE of of of shares rights rights x
Shares Voting
Rights Direct Direct Indirect Direct Indirect
xi xii
ORDINARY
GB00B2987V85
Tremblant Partners 5,942,831 5,942,831 5,059,800 4.30%
Master Fund LP
Tremblant Partners LP
Below 3% Below 3%
1,894,812 1.61%
Tremblant
Concentrated Master
Fund LP Below 3% Below 3% 2,476,597 2.11%
Tremblant Below 3% Below 3% 250,434 0.21%
Concentrated Fund LP
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
C: Financial Instruments with similar economic effect to Qualifying Financial
Instruments xv, xvi
Resulting situation after the triggering transaction
Type of financial Exercise Expiration Exercise/ Number of voting % of voting
instrument price date xvii Conversion rights instrument rights xix, xx
period refers to
xviii
Contract for
Differences (Tremblant Nominal Delta
Concentrated Master N/A 585,612
Fund LP) N/A N/A
Below 1
3%
Contract for Nominal Delta
Differences (Tremblant N/A N/A N/A 59,217
Concentrated Fund LP)
Below 1
3%
Total (A+B+C)
Number of voting rights Percentage of voting rights
10,326,472 8.79%
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.
Tremblant Capital LP is the investment manager of Tremblant Partners Master
Fund LP and Tremblant Partners LP, 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.
Tremblant Asset Management LP is the investment manager of Tremblant
Concentrated Master Fund LP and Tremblant Concentrated Fund LP, 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 partners of each of
Tremblant Capital LP and Tremblant Asset Management 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: Liz Taylor
15. Contact telephone number: 0207 087 0664
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Obtains access to the information in a personal capacity;
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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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