Share Name Share Symbol Market Type Share ISIN Share Description
Onthemarket Plc LSE:OTMP London Ordinary Share GB00BFN3K335 ORD 0.2P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 101.00p 97.00p 105.00p 101.00p 101.00p 101.00p 0 07:48:01
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Real Estate 14.2 -14.5 -24.0 - 64

OnTheMarket plc Appointment of Joint Broker

03/06/2019 7:01am

UK Regulatory (RNS & others)


Onthemarket (LSE:OTMP)
Historical Stock Chart

3 Months : From May 2019 to Aug 2019

Click Here for more Onthemarket Charts.

TIDMOTMP

RNS Number : 8129A

OnTheMarket plc

03 June 2019

3 June 2019

ONTHEMARKET PLC

("OnTheMarket" or the "Company")

Appointment of Joint Broker

OnTheMarket plc (AIM: OTMP), the agent-backed company which operates the OnTheMarket.com property portal, announces the appointment of Shore Capital Stockbrokers Limited as Joint Broker, with immediate effect. This follows the completion of the acquisition of Stockdale Securities Limited by Shore Capital Markets Limited.

ENDS

For further information, please contact:

 
 OnTheMarket 
  Ian Springett, CEO 
  Clive Beattie, CFO                        0207 930 0777 
 
   TB Cardew (Financial PR adviser)           0207 930 0777 / onthemarket@tbcardew.com 
   Ed Orlebar                                 07738 724 630 
   Alycia MacAskill                           07876 222 703 
 
   Zeus Capital (Nominated Adviser/Joint 
   Broker) 
   Martin Green, Pippa Hamnett, 
   Jamie Peel                                 0203 829 5000 
   (Corporate Finance) 
   Benjamin Robertson, John Goold 
   (Broking) 
 
   Shore Capital (Joint Broker) 
   Daniel Harris, Rose Ramsden                0207 601 6100 
 

Background on OnTheMarket:

OnTheMarket plc, the agent--backed company which operates the OnTheMarket.com property portal, is the third biggest UK residential property portal provider in terms of traffic. It aims to deliver a market--leading, agent--backed alternative to Rightmove and Zoopla, offering a first--class service to agents at sustainably fair prices and becoming the go--to portal for serious property--seekers.

OnTheMarket plc was admitted to AIM in February 2018 with GBP30 million in new capital in order to support a new growth strategy for the business.

In January 2019, OnTheMarket delivered more than 7 times as many phone and email leads and 4 times the number of visits to its portal compared with February 2018, the month of the Company's admission to AIM. The portal's traffic in January exceeded 23.5 million visits*, a new monthly record.

As at 8 April 2019, OnTheMarket.com had over one million people using its property alert service. To place this milestone in context, in its 2018 results announcement, Rightmove stated that 'over two million people' had received property alerts from it during the year.

At its IPO in February 2018, OnTheMarket was 70% owned by over two thousand agent firms.

With backing from its agent owners, OnTheMarket has developed unique sources of competitive advantage such as the thousands of "New & exclusive" property listings it receives every month from its agents to display 24 hours or more before they are on Rightmove or Zoopla.

*Visits comprise individual sessions on OnTheMarket.com's web based portal or mobile applications by users for the period indicated as measured by Google Analytics. Data for leads generated is reported from the Company's operating systems.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

APPCKDDNQBKDBPN

(END) Dow Jones Newswires

June 03, 2019 02:01 ET (06:01 GMT)

1 Year Onthemarket Chart

1 Year Onthemarket Chart

1 Month Onthemarket Chart

1 Month Onthemarket Chart
Your Recent History
LSE
OTMP
Onthemarke..
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V:gb D:20190826 00:07:46