Rathbones Group Plc's Recent Disclosure on Rightmove Plc
Public Opening Position Disclosure by Rathbones Group Plc
The following information summarizes the significant details related to the public disclosure by Rathbones Group Plc concerning their interests in Rightmove Plc. This disclosure complies with Rule 8.3 of the Takeover Code, which mandates transparency for individuals or entities holding interests of 1% or more in relevant securities.
Key Information
This section provides crucial insights regarding the individual or entity disclosing the information, their relationship to the securities, and other relevant facts.
Full Name of Discloser
Rathbones Group Plc
Owner or Controller of Interests
There is no separate entity disclosed that owns or controls the interests, indicating that Rathbones Group Plc holds its interests independently.
Name of Offeror/Offeree
The security related to this disclosure pertains to Rightmove Plc.
Date of Disclosure
The latest practicable date for the position held is reflected in this disclosure.
Positions Held by Rathbones Group Plc
The positions held by Rathbones in the relevant securities of Rightmove Plc have been outlined, including interests in shares and short positions, if any. As per the details provided, Rathbones currently possesses:
Relevant Securities Owned
Rathbones Group Plc owns 13,123,481 shares of Rightmove Plc, amounting to 1.66% of the total shares available.
Dealings Undertaken
This section elaborates on any purchases, sales, or other dealings undertaken by Rathbones Group Plc concerning Rightmove Plc securities.
Purchases and Sales
Recently, Rathbones made the following transactions involving Rightmove Plc’s shares:
- Purchase: 550 shares at a price of 660.892p each.
- Sale: 2,200 shares at a price of 667.5084p each.
Other Information Related to the Disclosure
The disclosure by Rathbones Group Plc does not indicate any indemnity or option arrangements that would potentially influence share dealings or agreements. Such transparency is crucial to maintain public confidence and adhere to legal standards.
Contact Information
If you wish to get in touch with Rathbones Group Plc regarding this disclosure, you can contact: Chinwe Enyi – Compliance Department Telephone: 0151 243 7053
Frequently Asked Questions
What is the purpose of this disclosure?
The disclosure is intended to provide transparency regarding interests held by Rathbones Group Plc in Rightmove Plc, ensuring compliance with relevant regulations.
Why is the percentage of shares owned important?
The percentage of shares owned signifies Rathbones' influence and interest in Rightmove Plc, which can affect shareholder decisions and market behavior.
Are there any restrictions on dealing?
No specific restrictions on dealing have been indicated in the public disclosure from Rathbones Group Plc.
Who should I contact for further information?
For more information, inquiries can be directed to Chinwe Enyi in the Compliance Department at Rathbones Group Plc.
Where can I find the Takeover Code?
The Takeover Code can be viewed on the regulatory body's official website, providing guidelines on disclosure and other legal requirements.
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