Rightmove Plc – Announcement of Non-Discretionary Share Buyback Programme

Rightmove Plc – Announcement of Non-Discretionary Share Buyback Programme

PR Newswire

Rightmove plc

Share buy-back programme

Announcement of Non-Discretionary Share Buyback Programme

Rightmove plc («Rightmove»), the UK’s no. 1 property website, announces that it
will implement an irrevocable, non-discretionary programme to purchase ordinary
shares for cancellation with the absolute maximum aggregate purchase price to be
paid for the shares not to exceed £90 million. The programme commences on 2
March 2026 and runs up to and including 31 July 2026.

Any share purchases will be effected within certain pre-set parameters, and in
accordance with both the Company’s general authority to repurchase shares and in
accordance with the EU and UK Market Abuse Regulations and Chapter 9 and Chapter
12 of the Listing Rules.

The Company has entered into an agreement with UBS AG London Branch («UBS»)
under which it has issued irrevocable instructions to UBS to manage the non
-discretionary share buyback programme. UBS will carry out the Company’s
instructions through the acquisition of ordinary shares in the Company for
subsequent repurchase by the Company. UBS will make its trading decisions under
the Programme independently of, and uninfluenced by, the Company.

The Company confirms that it currently has no unpublished price sensitive
information.

Carolyn Pollard

Group Company Secretary

Further enquiries:

Investor Relations:[email protected]

Sodali:[email protected]

This information was brought to you by Cision http://news.cision.com

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