FORM 8.5 (EPT/RI)
PUBLIC DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITH RECOGNISED INTERMEDIARY STATUS DEALING IN A CLIENT-SERVING CAPACITY
Rule 8.5 of the Takeover Code (the "Code")
1. KEY INFORMATION
| (a) Name of exempt principal trader: | Morgan Stanley & Co. International plc |
| (b) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree | Rightmove plc |
| (c) Name of the party to the offer with which exempt principal trader is connected: | Rightmove plc |
| (d) Date dealing undertaken: | 04 September 2024 |
| (e) In addition to the company in 1(b) above, is the exempt principal trader making disclosures in respect of any other party to this offer? If it is a cash offer or possible cash offer, state "N/A" | YES - REA Group Ltd |
2. DEALINGS BY THE EXEMPT PRINCIPAL TRADER
Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(b), copy table 2(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.
The currency of all prices and other monetary amounts should be stated.
(a) Purchases and sales
| Class of relevant security | Purchases/ sales
| Total number of securities | Highest price per unit paid/received | Lowest price per unit paid/received |
| 0.1p ordinary | SALES | 3,437,749 | 6.6640 GBP | 6.4520 GBP |
| 0.1p ordinary | PURCHASES | 2,122,821 | 6.7047 GBP | 6.4460 GBP |
| 0.1p ordinary | SALES | 24,200 | 7.8365 EUR | 7.8365 EUR |
(b) Cash-settled derivative transactions
| Class of relevant security | Product description e.g. CFD | Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position | Number of reference securities | Price per unit |
| 0.1p ordinary | CFD | increasing a long position | 132,849 | 6.5000 GBP |
| 0.1p ordinary | CFD | increasing a long position | 1,034,151 | 6.5000 GBP |
| 0.1p ordinary | CFD | increasing a long position | 602,106 | 6.5000 GBP |
| 0.1p ordinary | CFD | increasing a long position | 238,379 | 6.5203 GBP |
| 0.1p ordinary | CFD | increasing a long position | 4,390 | 6.5877 GBP |
| 0.1p ordinary | CFD | increasing a long position | 1,745 | 6.5958 GBP |
| 0.1p ordinary | CFD | increasing a long position | 1,964 | 6.6014 GBP |
| 0.1p ordinary | CFD | increasing a long position | 2,874 | 6.6015 GBP |
| 0.1p ordinary | CFD | increasing a long position | 24,200 | 6.6064 GBP |
| 0.1p ordinary | CFD | increasing a long position | 3,265 | 6.6162 GBP |
| 0.1p ordinary | CFD | increasing a long position | 382 | 6.6206 GBP |
| 0.1p ordinary | CFD | increasing a long position | 3,727 | 6.6218 GBP |
| 0.1p ordinary | CFD | increasing a long position | 11,327 | 6.6324 GBP |
| 0.1p ordinary | CFD | increasing a long position | 29 | 6.6353 GBP |
| 0.1p ordinary | CFD | increasing a long position | 3,369 | 6.6394 GBP |
| 0.1p ordinary | CFD | increasing a long position | 3,209 | 6.6459 GBP |
| 0.1p ordinary | CFD | increasing a short position | 95,530 | 6.5000 GBP |
| 0.1p ordinary | CFD | increasing a short position | 6,309 | 6.5365 GBP |
| 0.1p ordinary | CFD | increasing a short position | 11,327 | 6.5557 GBP |
| 0.1p ordinary | CFD | increasing a short position | 629 | 6.5660 GBP |
| 0.1p ordinary | CFD | increasing a short position | 86 | 6.5662 GBP |
| 0.1p ordinary | CFD | increasing a short position | 200 | 6.6000 GBP |
| 0.1p ordinary | CFD | increasing a short position | 131 | 6.6000 GBP |
| 0.1p ordinary | CFD | increasing a short position | 241 | 6.6000 GBP |
| 0.1p ordinary | CFD | increasing a short position | 37,474 | 6.6000 GBP |
| 0.1p ordinary | CFD | increasing a short position | 57,000 | 6.6007 GBP |
| 0.1p ordinary | CFD | increasing a short position | 102 | 6.6023 GBP |
| 0.1p ordinary | CFD | increasing a short position | 2,984 | 6.6028 GBP |
| 0.1p ordinary | CFD | increasing a short position | 1,908 | 6.6031 GBP |
| 0.1p ordinary | CFD | increasing a short position | 176,744 | 6.6043 GBP |
| 0.1p ordinary | CFD | increasing a short position | 11,206 | 6.6122 GBP |
| 0.1p ordinary | CFD | increasing a short position | 2,930 | 6.6127 GBP |
| 0.1p ordinary | CFD | increasing a short position | 47,533 | 6.6171 GBP |
| 0.1p ordinary | CFD | increasing a short position | 3,200 | 6.6174 GBP |
| 0.1p ordinary | CFD | increasing a short position | 449 | 6.6204 GBP |
| 0.1p ordinary | CFD | increasing a short position | 504 | 6.6204 GBP |
| 0.1p ordinary | CFD | increasing a short position | 7,325 | 6.6205 GBP |
| 0.1p ordinary | CFD | increasing a short position | 483 | 6.6302 GBP |
| 0.1p ordinary | CFD | increasing a short position | 7,084 | 6.6368 GBP |
| 0.1p ordinary | CFD | increasing a short position | 127 | 6.6379 GBP |
| 0.1p ordinary | CFD | increasing a short position | 2,500 | 6.6427 GBP |
| 0.1p ordinary | CFD | increasing a short position | 415,598 | 6.9059 GBP |
| 0.1p ordinary | CFD | reducing a long position | 512 | 6.5010 GBP |
| 0.1p ordinary | CFD | reducing a long position | 124,769 | 6.5290 GBP |
| 0.1p ordinary | CFD | reducing a long position | 9,602 | 6.5751 GBP |
| 0.1p ordinary | CFD | reducing a long position | 120,000 | 6.5766 GBP |
| 0.1p ordinary | CFD | reducing a long position | 23,890 | 6.5964 GBP |
| 0.1p ordinary | CFD | reducing a long position | 1,476 | 6.5990 GBP |
| 0.1p ordinary | CFD | reducing a long position | 2,381 | 6.5991 GBP |
| 0.1p ordinary | CFD | reducing a long position | 754 | 6.6000 GBP |
| 0.1p ordinary | CFD | reducing a long position | 17,172 | 6.6000 GBP |
| 0.1p ordinary | CFD | reducing a long position | 4,954 | 6.6001 GBP |
| 0.1p ordinary | CFD | reducing a long position | 118,267 | 6.6040 GBP |
| 0.1p ordinary | CFD | reducing a long position | 809 | 6.6049 GBP |
| 0.1p ordinary | CFD | reducing a long position | 148,900 | 6.6078 GBP |
| 0.1p ordinary | CFD | reducing a long position | 5,501 | 6.6171 GBP |
| 0.1p ordinary | CFD | reducing a long position | 100,000 | 6.6187 GBP |
| 0.1p ordinary | CFD | reducing a long position | 6,472 | 6.6191 GBP |
| 0.1p ordinary | CFD | reducing a long position | 1,421 | 6.6205 GBP |
| 0.1p ordinary | CFD | reducing a long position | 8,035 | 6.6205 GBP |
| 0.1p ordinary | CFD | reducing a long position | 1,787 | 6.6205 GBP |
| 0.1p ordinary | CFD | reducing a long position | 361 | 6.6205 GBP |
| 0.1p ordinary | CFD | reducing a long position | 11,129 | 6.6293 GBP |
| 0.1p ordinary | CFD | reducing a long position | 22,562 | 6.6445 GBP |
| 0.1p ordinary | CFD | reducing a long position | 4,933 | 6.6508 GBP |
| 0.1p ordinary | CFD | reducing a long position | 1,593 | 6.6508 GBP |
| 0.1p ordinary | CFD | reducing a long position | 796 | 6.6508 GBP |
| 0.1p ordinary | CFD | reducing a short position | 43 | 6.5419 GBP |
| 0.1p ordinary | CFD | reducing a short position | 6,309 | 6.5568 GBP |
| 0.1p ordinary | CFD | reducing a short position | 47,533 | 6.5877 GBP |
| 0.1p ordinary | CFD | reducing a short position | 1,619 | 6.6000 GBP |
| 0.1p ordinary | CFD | reducing a short position | 38,694 | 6.6000 GBP |
| 0.1p ordinary | CFD | reducing a short position | 952 | 6.6000 GBP |
| 0.1p ordinary | CFD | reducing a short position | 265 | 6.6002 GBP |
| 0.1p ordinary | CFD | reducing a short position | 18,817 | 6.6085 GBP |
| 0.1p ordinary | CFD | reducing a short position | 1,938 | 6.6085 GBP |
| 0.1p ordinary | CFD | reducing a short position | 3,587 | 6.6102 GBP |
| 0.1p ordinary | CFD | reducing a short position | 2,241 | 6.6102 GBP |
| 0.1p ordinary | CFD | reducing a short position | 29,030 | 6.6102 GBP |
| 0.1p ordinary | CFD | reducing a short position | 69,319 | 6.6102 GBP |
| 0.1p ordinary | CFD | reducing a short position | 137,064 | 6.6115 GBP |
| 0.1p ordinary | CFD | reducing a short position | 5,722 | 6.6133 GBP |
| 0.1p ordinary | CFD | reducing a short position | 8,791 | 6.6135 GBP |
| 0.1p ordinary | CFD | reducing a short position | 821 | 6.6179 GBP |
| 0.1p ordinary | CFD | reducing a short position | 1,993 | 6.6179 GBP |
| 0.1p ordinary | CFD | reducing a short position | 42,549 | 6.6184 GBP |
| 0.1p ordinary | CFD | reducing a short position | 4,612 | 6.6187 GBP |
| 0.1p ordinary | CFD | reducing a short position | 11,327 | 6.6206 GBP |
| 0.1p ordinary | CFD | reducing a short position | 2,800 | 6.6212 GBP |
| 0.1p ordinary | CFD | reducing a short position | 5,300 | 6.6212 GBP |
| 0.1p ordinary | CFD | reducing a short position | 1,200 | 6.6212 GBP |
| 0.1p ordinary | CFD | reducing a short position | 8,700 | 6.6212 GBP |
| 0.1p ordinary | CFD | reducing a short position | 1,079 | 6.6313 GBP |
| 0.1p ordinary | CFD | reducing a short position | 2,607 | 6.6313 GBP |
| 0.1p ordinary | CFD | reducing a short position | 7,084 | 6.6364 GBP |
| 0.1p ordinary | CFD | reducing a short position | 2,500 | 6.6400 GBP |
| 0.1p ordinary | CFD | reducing a short position | 23 | 6.6445 GBP |
| 0.1p ordinary | CFD | reducing a short position | 3,016 | 6.6459 GBP |
(c) Stock-settled derivative transactions (including options)
(i) Writing, selling, purchasing or varying
| Class of relevant security | Product description e.g. call option | Writing, purchasing, selling, varying etc. | Number of securities to which option relates | Exercise price per unit | Type e.g. American, European etc. | Expiry date | Option money paid/ received per unit |
| N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
(ii) Exercise
| Class of relevant security | Product description e.g. call option | Exercising/ exercised against | Number of securities | Exercise price per unit |
| N/A | N/A | N/A | N/A | N/A |
(d) Other dealings (including subscribing for new securities)
| Class of relevant security | Nature of dealing e.g. subscription, conversion | Details | Price per unit (if applicable) |
| N/A | N/A | N/A | N/A |
3. OTHER INFORMATION
(a) Indemnity and other dealing arrangements
| Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the exempt principal trader making the disclosure and any party to the offer or any person acting in concert with a party to the offer: Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state "none" |
| NONE
|
(b) Agreements, arrangements or understandings relating to options or derivatives
| Details of any agreement, arrangement or understanding, formal or informal, between the exempt principal trader making the disclosure and any other person relating to: (i) the voting rights of any relevant securities under any option; or (ii) the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced: If there are no such agreements, arrangements or understandings, state "none" |
| NONE
|
Date of disclosure: | 05 September 2024 |
Contact name: | Craig Horsley |
Telephone number: | +44 141 245-7736 |
Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.
The Panel's Market Surveillance Unit is available for consultation in relation to the Code's dealing disclosure requirements on +44 (0)20 7638 0129.
The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.
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