does countrywide own rightmove

lor6126

was told this by countrywide, is it true?

betmunch

I dont think it is true, although I think there may be a connection greater that that of just and EA that advertises it.

CloudCuckooLand

In their public share offering documentation, from 2006, the small print includes;

UBS Limited (“UBS” or “UBS Investment Bank”) is acting exclusively for Rightmove and Countrywide Estate Agents, Halifax Estate Agencies Limited, RSA E-Holdings Limited and Connells Limited (the "Selling Shareholders")


who appeared to be the selling shareholders.


In 2007, Countrywide were still one of the major shareholders, it appears, having 21.5%;

http://uk.reuters.com/article/idUKWLB583720070302

lor6126

thanks for that, it was mentioned in the sales pitch when we got a valuation done and i just wondered if it was true.