28th Dec 2007 16:30
28 December 2007
Rightmove plc
Close Period share repurchase programme
Rightmove plc ("Rightmove") announces that it has commenced an irrevocable, non-discretionary programme to purchase shares on its own behalf, for putting into treasury, during its close period (which commences on 2 January 2008). The share buy back programme commences on 30 January 2008 and runs up to and including 28 February 2008.
Any acquisitions will be effected within certain pre-set parameters, and in accordance with both Rightmove's general authority to repurchase shares and Chapter 12 of the Listing Rules which requires that the maximum price paid to be limited to no more than 105 per cent of the average middle market closing price of Rightmove's shares for the 5 dealing days preceding the date of purchase. Rightmove confirms that it currently has no unpublished price sensitive information.
Further enquiries:
Liz Taylor, Company Secretary 020 7087 0700 [email protected]
RIGHTMOVE PLCRelated Shares:
Rightmove