Public Disclosure of Interests by Rathbones Group Plc
This article summarizes key details regarding Rathbones Group Plc's public disclosure about their interests in Rightmove Plc. This disclosure is in accordance with Rule 8.3 of the Takeover Code, which requires individuals or entities that hold 1% or more of relevant securities to be transparent.
Essential Information
In this section, we’ll explore important insights related to the disclosing entity, its connection to the securities, and other pertinent details.
Discloser's Full Name
Rathbones Group Plc
Ownership or Control of Interests
No other entity is indicated as owning or controlling the interests disclosed, which means Rathbones Group Plc maintains its interests independently.
Offeror/Offeree Name
The securities tied to this disclosure pertain to Rightmove Plc.
Date of Disclosure
This disclosure reflects the most recent available information regarding the positions held.
Positions Held by Rathbones Group Plc
The securities that Rathbones holds in Rightmove Plc are laid out below, detailing shares owned and any short positions if applicable. According to the provided details, Rathbones currently holds:
Securities Owned
Rathbones Group Plc owns 13,123,481 shares of Rightmove Plc, representing 1.66% of the total outstanding shares.
Recent Dealings
This section covers any transactions—be it purchases or sales—that Rathbones Group Plc has executed regarding Rightmove Plc’s securities.
Transactions
Recently, Rathbones was involved in the following activities with Rightmove Plc’s shares:
- Purchase: 550 shares at a unit price of 660.892p.
- Sale: 2,200 shares at a unit price of 667.5084p.
Further Information Regarding the Disclosure
The disclosure from Rathbones Group Plc does not mention any indemnity or option agreements that could influence trading activities or arrangements. This clarity is essential to uphold public trust and comply with legal obligations.
Contact Details
If you need to reach out to Rathbones Group Plc concerning this disclosure, you can contact: Chinwe Enyi – Compliance Department Telephone: 0151 243 7053
Frequently Asked Questions
What is the purpose of this disclosure?
The purpose of the disclosure is to ensure transparency about Rathbones Group Plc's interests in Rightmove Plc, in line with regulatory requirements.
Why is the percentage of shares owned significant?
The ownership percentage reflects Rathbones' influence and engagement with Rightmove Plc, which can impact shareholder decisions and market dynamics.
Are there any trading restrictions noted?
No specific trading restrictions have been mentioned in the public disclosure from Rathbones Group Plc.
Who can I contact for more information?
For additional inquiries, you can reach out to Chinwe Enyi in the Compliance Department at Rathbones Group Plc.
Where can I find the Takeover Code?
The Takeover Code is accessible on the official website of the regulatory body, where you can find guidelines related to disclosure and other legal standards.
