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: | 18 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 | 435,645 | 6.8121 GBP | 6.6880 GBP |
| 0.1p ordinary | PURCHASES | 1,075,019 | 6.8130 GBP | 6.6920 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 | 35,483 | 6.7186 GBP |
| 0.1p ordinary | CFD | increasing a long position | 2,929 | 6.7273 GBP |
| 0.1p ordinary | CFD | increasing a long position | 424 | 6.7359 GBP |
| 0.1p ordinary | CFD | increasing a long position | 4,890 | 6.7674 GBP |
| 0.1p ordinary | CFD | increasing a long position | 15,665 | 6.7748 GBP |
| 0.1p ordinary | CFD | increasing a long position | 752 | 6.7986 GBP |
| 0.1p ordinary | CFD | increasing a long position | 1,251 | 6.8120 GBP |
| 0.1p ordinary | CFD | increasing a long position | 6,179 | 6.8120 GBP |
| 0.1p ordinary | CFD | increasing a short position | 9,559 | 6.7261 GBP |
| 0.1p ordinary | CFD | increasing a short position | 326,000 | 6.7320 GBP |
| 0.1p ordinary | CFD | increasing a short position | 10,744 | 6.7353 GBP |
| 0.1p ordinary | CFD | increasing a short position | 848 | 6.7475 GBP |
| 0.1p ordinary | CFD | increasing a short position | 33 | 6.7475 GBP |
| 0.1p ordinary | CFD | increasing a short position | 7,760 | 6.7475 GBP |
| 0.1p ordinary | CFD | increasing a short position | 2,327 | 6.7651 GBP |
| 0.1p ordinary | CFD | increasing a short position | 7,812 | 6.7652 GBP |
| 0.1p ordinary | CFD | increasing a short position | 34,180 | 6.7713 GBP |
| 0.1p ordinary | CFD | increasing a short position | 564 | 6.7840 GBP |
| 0.1p ordinary | CFD | increasing a short position | 58 | 6.7840 GBP |
| 0.1p ordinary | CFD | increasing a short position | 877 | 6.8120 GBP |
| 0.1p ordinary | CFD | increasing a short position | 1,180 | 6.8120 GBP |
| 0.1p ordinary | CFD | increasing a short position | 42 | 6.8120 GBP |
| 0.1p ordinary | CFD | increasing a short position | 5 | 6.8120 GBP |
| 0.1p ordinary | CFD | reducing a long position | 1,037 | 6.7100 GBP |
| 0.1p ordinary | CFD | reducing a long position | 6,419 | 6.7101 GBP |
| 0.1p ordinary | CFD | reducing a long position | 2,072 | 6.7104 GBP |
| 0.1p ordinary | CFD | reducing a long position | 1,330 | 6.7155 GBP |
| 0.1p ordinary | CFD | reducing a long position | 456 | 6.7208 GBP |
| 0.1p ordinary | CFD | reducing a long position | 2,929 | 6.7238 GBP |
| 0.1p ordinary | CFD | reducing a long position | 424 | 6.7244 GBP |
| 0.1p ordinary | CFD | reducing a long position | 1,721 | 6.7289 GBP |
| 0.1p ordinary | CFD | reducing a long position | 120,000 | 6.7357 GBP |
| 0.1p ordinary | CFD | reducing a long position | 47,500 | 6.7699 GBP |
| 0.1p ordinary | CFD | reducing a long position | 15,000 | 6.7741 GBP |
| 0.1p ordinary | CFD | reducing a long position | 37,950 | 6.7769 GBP |
| 0.1p ordinary | CFD | reducing a long position | 51,697 | 6.7769 GBP |
| 0.1p ordinary | CFD | reducing a long position | 210,353 | 6.7769 GBP |
| 0.1p ordinary | CFD | reducing a long position | 14,264 | 6.7792 GBP |
| 0.1p ordinary | CFD | reducing a long position | 40,097 | 6.8041 GBP |
| 0.1p ordinary | CFD | reducing a long position | 474 | 6.8071 GBP |
| 0.1p ordinary | CFD | reducing a long position | 1,538 | 6.8120 GBP |
| 0.1p ordinary | CFD | reducing a long position | 184 | 6.8130 GBP |
| 0.1p ordinary | CFD | reducing a short position | 1,811 | 6.6970 GBP |
| 0.1p ordinary | CFD | reducing a short position | 134 | 6.7180 GBP |
| 0.1p ordinary | CFD | reducing a short position | 326,000 | 6.7320 GBP |
| 0.1p ordinary | CFD | reducing a short position | 21 | 6.7380 GBP |
| 0.1p ordinary | CFD | reducing a short position | 15,089 | 6.7489 GBP |
| 0.1p ordinary | CFD | reducing a short position | 100 | 6.7676 GBP |
| 0.1p ordinary | CFD | reducing a short position | 5,830 | 6.7679 GBP |
| 0.1p ordinary | CFD | reducing a short position | 2,332 | 6.7766 GBP |
| 0.1p ordinary | CFD | reducing a short position | 3,478 | 6.7869 GBP |
| 0.1p ordinary | CFD | reducing a short position | 41 | 6.7890 GBP |
| 0.1p ordinary | CFD | reducing a short position | 1,113 | 6.7986 GBP |
| 0.1p ordinary | CFD | reducing a short position | 1,500 | 6.7992 GBP |
| 0.1p ordinary | CFD | reducing a short position | 5,176 | 6.8078 GBP |
| 0.1p ordinary | CFD | reducing a short position | 3,210 | 6.8079 GBP |
| 0.1p ordinary | CFD | reducing a short position | 20,174 | 6.8120 GBP |
| 0.1p ordinary | CFD | reducing a short position | 1,218 | 6.8120 GBP |
| 0.1p ordinary | CFD | reducing a short position | 752 | 6.8120 GBP |
| 0.1p ordinary | CFD | reducing a short position | 1,762 | 6.8120 GBP |
| 0.1p ordinary | CFD | reducing a short position | 12,707 | 6.8120 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: | 19 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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