7th Dec 2009 17:54
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 PLCattached: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 LPnotification 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 3
December 2009reached: v
6. Date on which issuer notified: 7
December 2009
7. Threshold(s) that is/are crossed or
reached: vi, vii 8% 8. Notified details:
A: Voting rights attached to shares viii, ix Class/type Situation previous Resulting situation after the triggering transactionof to the triggering shares transaction Number Number Number Number of voting % of voting rightsif possible of of of shares rights x using Shares Voting the ISIN Rights Direct Direct xi Indirect Direct Indirect CODE xii
ORDINARY 8,592,445 8,592,445 7,672,310
6.55% GB00B2987V85
B: Qualifying Financial Instruments Resulting situation after the triggering transaction
Type of Expiration Exercise/ Number of voting % of voting financial date xiii Conversion Period xiv rights that may be rights instrument 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 Exercise Expiration Exercise/ Number of voting % of voting financial price date xvii Conversion rights instrument rights xix, xx instrument period xviii refers to Contract for Nominal Delta Differences N/A N/A N/A Below 3% Total (A+B+C) Number of voting rights Percentage of voting rights 9,587,862 8.18%
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 02070870700
15. Contact telephone number:
vendorRelated Shares:
Rightmove