27th Mar 2007 16:00
Rightmove Plc27 March 2007 27 March 2007 RIGHTMOVE PLC Acquisition of 66.67% of Holiday Lettings Limited Rightmove plc is pleased to announce that it has acquired 66.67% of the issuedshare capital of Holiday Lettings Limited ("HLL"). The total value of the grossassets of HLL as at 31 March 2006 (being the date of the last statutoryaccounts) was approximately £66,000. There is no further information required to be disclosed in relation to ListingRules 10.3.2. Holiday Lettings Limited is a provider of on-line advertising services to ownersof holiday rental properties. HLL is strong in the area of overseas holidayhomes owned by UK residents. This complements two of Rightmove's existing linesof businesses: advertising overseas properties for sale to UK residents andadvertising UK holiday homes to let. Rightmove will continue to build itsoverseas homes for sale business but will merge its UK holiday lettings businessinto the HolidayLettings.co.uk business. END For further information: Rightmove: Ed Williams, Group Managing Director +44 20 7318 9095 Maitland: Brian Hudspith +44 20 7379 5151 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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