29th Jun 2007 17:29
Rightmove Plc29 June 2007 Rightmove plc Close Period Share buy-back programme Further to the announcement on 8 June 2007, Rightmove plc ("Rightmove")announces that it has, through its broker Numis (joint broker to Rightmove withUBS Ltd), commenced an irrevocable, non-discretionary programme to purchaseshares during the close period. Any shares purchased will be taken intotreasury. The close period share buy-back programme commences on 2 July 2007 andruns up to and including 30 August 2007. Any acquisitions will be effected within certain pre-set parameters, and inaccordance with both Rightmove's general authority to repurchase shares andChapter 12 of the Listing Rules which requires that the maximum price paid to belimited to no more than 105 per cent of the average middle market closing priceof Rightmove's shares for the 5 dealing days preceding the date of purchase. Rightmove confirms that it currently has no unpublished price sensitiveinformation. Enquiries: Graham Zacharias, Group Finance Director +44 (0)1908 308500 Brian Hudspith, Maitland +44 (0)207 379 5151 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Rightmove