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: | 05 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 | PURCHASES | 1,696,070 | 6.6084 GBP | 6.5120 GBP |
| 0.1p ordinary | SALES | 1,215,051 | 6.6130 GBP | 6.5107 GBP |
(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 | 1,260 | 6.5107 GBP |
| 0.1p ordinary | CFD | increasing a long position | 9,486 | 6.5110 GBP |
| 0.1p ordinary | CFD | increasing a long position | 29 | 6.5117 GBP |
| 0.1p ordinary | CFD | increasing a long position | 683 | 6.5120 GBP |
| 0.1p ordinary | CFD | increasing a long position | 1,841 | 6.5294 GBP |
| 0.1p ordinary | CFD | increasing a long position | 13,277 | 6.5330 GBP |
| 0.1p ordinary | CFD | increasing a long position | 1,276 | 6.5346 GBP |
| 0.1p ordinary | CFD | increasing a long position | 791 | 6.5347 GBP |
| 0.1p ordinary | CFD | increasing a long position | 15,899 | 6.5392 GBP |
| 0.1p ordinary | CFD | increasing a long position | 879 | 6.5515 GBP |
| 0.1p ordinary | CFD | increasing a long position | 5,800 | 6.5546 GBP |
| 0.1p ordinary | CFD | increasing a long position | 611 | 6.5698 GBP |
| 0.1p ordinary | CFD | increasing a long position | 781 | 6.5704 GBP |
| 0.1p ordinary | CFD | increasing a long position | 3,920 | 6.5743 GBP |
| 0.1p ordinary | CFD | increasing a short position | 198 | 6.5120 GBP |
| 0.1p ordinary | CFD | increasing a short position | 665 | 6.5120 GBP |
| 0.1p ordinary | CFD | increasing a short position | 31,587 | 6.5120 GBP |
| 0.1p ordinary | CFD | increasing a short position | 1,108 | 6.5373 GBP |
| 0.1p ordinary | CFD | increasing a short position | 55 | 6.5459 GBP |
| 0.1p ordinary | CFD | increasing a short position | 532 | 6.5459 GBP |
| 0.1p ordinary | CFD | increasing a short position | 2,482 | 6.5478 GBP |
| 0.1p ordinary | CFD | increasing a short position | 130,974 | 6.5490 GBP |
| 0.1p ordinary | CFD | increasing a short position | 64 | 6.5570 GBP |
| 0.1p ordinary | CFD | increasing a short position | 9,708 | 6.5597 GBP |
| 0.1p ordinary | CFD | increasing a short position | 291 | 6.5676 GBP |
| 0.1p ordinary | CFD | increasing a short position | 548 | 6.5676 GBP |
| 0.1p ordinary | CFD | increasing a short position | 388 | 6.5676 GBP |
| 0.1p ordinary | CFD | increasing a short position | 989 | 6.5676 GBP |
| 0.1p ordinary | CFD | increasing a short position | 3,163 | 6.5676 GBP |
| 0.1p ordinary | CFD | increasing a short position | 2,168 | 6.5701 GBP |
| 0.1p ordinary | CFD | increasing a short position | 31,266 | 6.5794 GBP |
| 0.1p ordinary | CFD | increasing a short position | 1,846 | 6.5864 GBP |
| 0.1p ordinary | CFD | increasing a short position | 15,608 | 6.5865 GBP |
| 0.1p ordinary | CFD | increasing a short position | 158 | 6.5869 GBP |
| 0.1p ordinary | CFD | increasing a short position | 252,978 | 6.6000 GBP |
| 0.1p ordinary | CFD | increasing a short position | 40,321 | 6.6083 GBP |
| 0.1p ordinary | CFD | reducing a long position | 4,283 | 6.5120 GBP |
| 0.1p ordinary | CFD | reducing a long position | 50,000 | 6.5163 GBP |
| 0.1p ordinary | CFD | reducing a long position | 1,407 | 6.5189 GBP |
| 0.1p ordinary | CFD | reducing a long position | 24,177 | 6.5328 GBP |
| 0.1p ordinary | CFD | reducing a long position | 120,015 | 6.5440 GBP |
| 0.1p ordinary | CFD | reducing a long position | 123,200 | 6.5464 GBP |
| 0.1p ordinary | CFD | reducing a long position | 90,000 | 6.5502 GBP |
| 0.1p ordinary | CFD | reducing a long position | 821 | 6.5531 GBP |
| 0.1p ordinary | CFD | reducing a long position | 4,328 | 6.5597 GBP |
| 0.1p ordinary | CFD | reducing a long position | 1,303 | 6.5745 GBP |
| 0.1p ordinary | CFD | reducing a long position | 50,000 | 6.5792 GBP |
| 0.1p ordinary | CFD | reducing a long position | 4,390 | 6.5794 GBP |
| 0.1p ordinary | CFD | reducing a long position | 8,383 | 6.5803 GBP |
| 0.1p ordinary | CFD | reducing a long position | 76,110 | 6.5857 GBP |
| 0.1p ordinary | CFD | reducing a long position | 611 | 6.5864 GBP |
| 0.1p ordinary | CFD | reducing a long position | 253 | 6.5896 GBP |
| 0.1p ordinary | CFD | reducing a short position | 30,766 | 6.5120 GBP |
| 0.1p ordinary | CFD | reducing a short position | 222 | 6.5120 GBP |
| 0.1p ordinary | CFD | reducing a short position | 781 | 6.5120 GBP |
| 0.1p ordinary | CFD | reducing a short position | 837 | 6.5120 GBP |
| 0.1p ordinary | CFD | reducing a short position | 4,622 | 6.5244 GBP |
| 0.1p ordinary | CFD | reducing a short position | 241 | 6.5309 GBP |
| 0.1p ordinary | CFD | reducing a short position | 1,886 | 6.5330 GBP |
| 0.1p ordinary | CFD | reducing a short position | 1,466 | 6.5349 GBP |
| 0.1p ordinary | CFD | reducing a short position | 5,959 | 6.5418 GBP |
| 0.1p ordinary | CFD | reducing a short position | 129,234 | 6.5448 GBP |
| 0.1p ordinary | CFD | reducing a short position | 3,540 | 6.5481 GBP |
| 0.1p ordinary | CFD | reducing a short position | 1,253 | 6.5481 GBP |
| 0.1p ordinary | CFD | reducing a short position | 68,422 | 6.5481 GBP |
| 0.1p ordinary | CFD | reducing a short position | 28,654 | 6.5481 GBP |
| 0.1p ordinary | CFD | reducing a short position | 1,846 | 6.5704 GBP |
| 0.1p ordinary | CFD | reducing a short position | 31,266 | 6.5743 GBP |
| 0.1p ordinary | CFD | reducing a short position | 891 | 6.5752 GBP |
| 0.1p ordinary | CFD | reducing a short position | 2,168 | 6.5760 GBP |
| 0.1p ordinary | CFD | reducing a short position | 8,894 | 6.5797 GBP |
| 0.1p ordinary | CFD | reducing a short position | 577 | 6.5797 GBP |
| 0.1p ordinary | CFD | reducing a short position | 2,117 | 6.5812 GBP |
| 0.1p ordinary | CFD | reducing a short position | 2,100 | 6.5827 GBP |
| 0.1p ordinary | CFD | reducing a short position | 600 | 6.5827 GBP |
| 0.1p ordinary | CFD | reducing a short position | 158 | 6.5840 GBP |
| 0.1p ordinary | CFD | reducing a short position | 252,978 | 6.6000 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: | 06 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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