The Vanguard Group, Inc. Discloses Interest in Rightmove plc

The Vanguard Group, Inc. has announced its public opening position disclosure for Rightmove plc, adhering to Rule 8.3 of the Takeover Code. The disclosure highlights Vanguard’s interest in Rightmove and provides insights into its holdings and recent transactions.

As of September 20, 2024, Vanguard owns and/or controls 37,128,755 ordinary shares in Rightmove, representing 4.71% of the company’s relevant securities. Notably, they also executed transactions including the purchase of 146,771 shares at 6.74 GBP per unit and sales totalling 86,249 shares at prices between 6.74 GBP and 6.78 GBP per unit.

The disclosure does not report any cash-settled or stock-settled derivative transactions, indemnities, or other agreements. Vanguard’s filing, dated September 23, 2024, indicates a significant yet straightforward holding without intricate derivative positions.