8th Apr 2011 18:19
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi 1. Identity of the issuer or the underlying RIGHTMOVE PLC issuer of existing shares to which voting rights are attached: ii 2 Reason for the notification (please tick the appropriate box or boxes): An acquisition or disposal of voting rights X An acquisition or disposal of qualifying financial instruments which
may result in the acquisition of shares already issued to which voting rights are attached
An acquisition or disposal of instruments with similar economic effect X to qualifying financial instruments
An event changing the breakdown of voting rights Other (please specify): 3. Full name of person(s) subject to TREMBLANT CAPITAL LP the notification obligation: iii
4. Full name of shareholder(s) (if MORGAN STANLEY CREDIT SUISSE different from 3.):iv
5. Date of the transaction and date 6 April 2011 on which the threshold is crossed or reached: v 6. Date on which issuer notified: 8 April 2011 7. Threshold(s) that is/are crossed 3% or reached: vi, vii 8. Notified details:A: Voting rights attached to shares viii, ixClass/type of Situation previous Resulting situation after shares to the triggering the triggering transaction transaction if possible Number Number Number Number of % of voting using of of of voting rights x the ISIN CODE Shares Voting shares rights Rights Direct Direct Indirect Direct Indirect xi xii
ORDINARY 2,683,557 2,683,557 2,574,057 2.31% GB00B2987V85 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 N/A N/A N/A N/A
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi
Resulting situation after the triggering transaction
Type of Exercise Expiration Exercise/ Number of voting % of voting financial price date xvii Conversion rights instrument rights xix, xx instrument period refers to xviii Nominal Delta CFD N/A N/A N/A Below 3% Below 3%
Total (A+B+C)
Number of voting rights Percentage of voting rights 3,336,114 2.99%
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, Tremblant Concentrated Fund LP and Tremblant ELS Master Fund LP (together, the "Tremblant Funds").
Tremblant Capital LP is the investment manager of the Tremblant Funds 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 partner of Tremblant Capital 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: The denominator used by the shareholder
for this notification is 111,516,000 shares being the Voting capital as at the date of the transaction. The Voting rights capital as at the date of this notification is 111,492,868. 14. Contact name: JAMES LINE 15. Contact telephone number: 01908 308256
vendorRelated Shares:
Rightmove