Rightmove plc exercises buy-back of its own shares

December 22, 2019
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Rightmove plc has recently announced that it purchased 250,000 of its 0.1p ordinary shares at a volume weighted average price paid per share of 635.815p.

The highest paid price per share was 640p with the lowest being 633.800p. Rightmove bought these shares via Numis Securities Limited, a capital market company. The amount of shares purchased this way is 0.0285% of the voting rights attributable to the total number of ordinary shares in issue before a purchase like this occurred.

The purchased shares will be cancelled.

Since the announcement of this buy-back program in December of 2007, Rightmove has purchased around 427 million ordinary shares. The total amount of ordinary shares issued, excluding treasury shares, after this announcement is 878,450,515. Rightmove's treasury currently holds 13, 360,310 shares.

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation), the schedule below contains detailed information about the purchases made by Numis Securities Limited on behalf of the Company as part of the buyback program.

SOURCE Rightmove plc
Edited by V. Haviland

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Victoria has been writing about property portals and marketplace sites for Online Marketplaces for over 3 years. She is also our resident artist and is responsible for all of the infographic content on the site.

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