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 | REA Group Ltd |
| (c) Name of the party to the offer with which exempt principal trader is connected: | Rightmove plc |
| (d) Date dealing undertaken: | 13 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-Rightmove plc |
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 |
| Ordinary NPV | SALES | 4,572 | 102.4358 GBP | 101.9182 GBP |
| Ordinary NPV | PURCHASES | 7,946 | 201.0600 AUD | 199.3010 AUD |
| Ordinary NPV | SALES | 3,404 | 201.0600 AUD | 199.7000 AUD |
(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 |
| Ordinary NPV | CFD | increasing a long position | 2,286 | 199.3010 AUD |
| Ordinary NPV | CFD | increasing a long position | 169 | 199.8794 AUD |
| Ordinary NPV | CFD | increasing a long position | 275 | 199.8795 AUD |
| Ordinary NPV | CFD | increasing a long position | 2,286 | 200.2313 AUD |
| Ordinary NPV | CFD | increasing a short position | 365 | 199.7000 AUD |
| Ordinary NPV | CFD | increasing a short position | 2 | 200.1800 AUD |
| Ordinary NPV | CFD | increasing a short position | 10 | 200.7660 AUD |
| Ordinary NPV | CFD | increasing a short position | 71 | 200.8063 AUD |
| Ordinary NPV | CFD | reducing a long position | 1,238 | 200.2379 AUD |
| Ordinary NPV | CFD | reducing a long position | 57 | 200.2706 AUD |
| Ordinary NPV | CFD | reducing a long position | 64 | 200.2707 AUD |
| Ordinary NPV | CFD | reducing a long position | 6 | 200.6150 AUD |
| Ordinary NPV | CFD | reducing a short position | 75 | 199.8135 AUD |
| Ordinary NPV | CFD | reducing a short position | 919 | 199.8138 AUD |
| Ordinary NPV | CFD | reducing a short position | 2,581 | 199.8140 AUD |
| Ordinary NPV | CFD | reducing a short position | 208 | 199.8150 AUD |
| Ordinary NPV | CFD | reducing a short position | 1,346 | 199.8208 AUD |
| Ordinary NPV | CFD | reducing a short position | 2,055 | 199.8793 AUD |
| Ordinary NPV | CFD | reducing a short position | 2,520 | 199.9088 AUD |
| Ordinary NPV | CFD | reducing a short position | 3,743 | 199.9454 AUD |
| Ordinary NPV | CFD | reducing a short position | 49 | 200.0844 AUD |
| Ordinary NPV | CFD | reducing a short position | 80 | 200.0942 AUD |
| Ordinary NPV | CFD | reducing a short position | 362 | 200.0997 AUD |
| Ordinary NPV | CFD | reducing a short position | 85 | 200.2436 AUD |
| Ordinary NPV | CFD | reducing a short position | 36 | 200.2533 AUD |
| Ordinary NPV | CFD | reducing a short position | 101 | 200.3065 AUD |
| Ordinary NPV | CFD | reducing a short position | 53 | 200.4747 AUD |
| Ordinary NPV | CFD | reducing a short position | 172 | 200.5061 AUD |
| Ordinary NPV | CFD | reducing a short position | 161 | 200.5138 AUD |
| Ordinary NPV | CFD | reducing a short position | 26 | 200.5415 AUD |
| Ordinary NPV | CFD | reducing a short position | 406 | 200.5454 AUD |
| Ordinary NPV | CFD | reducing a short position | 42 | 200.6083 AUD |
| Ordinary NPV | CFD | reducing a short position | 237 | 200.6952 AUD |
(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: | 16 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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