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OTMP Onthemarket Plc

109.00
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
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
  0.00 0.00% 109.00 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

OnTheMarket plc Issue of Equity and Total Voting Rights (4144X)

26/04/2023 7:00am

UK Regulatory


Onthemarket (LSE:OTMP)
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From Apr 2023 to Apr 2024

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TIDMOTMP

RNS Number : 4144X

OnTheMarket plc

26 April 2023

26 April 2023

ONTHEMARKET PLC

("OnTheMarket", the "Group" or the "Company")

Issue of Equity and Total Voting Rights

OnTheMarket plc, the majority agent-owned company which operates the OnTheMarket.com property portal, today announces that an application has been made to the London Stock Exchange for admission of securities in respect of 257,774 ordinary shares of 0.2 pence each ("New Ordinary Shares"). It is expected that admission will become effective on 28 April 2023.

The New Ordinary Shares have been issued to certain agents following them having earlier signed new long-term listing agreements in accordance with the strategy set out in the admission document published on 26 January 2018.

Following admission, the total number of ordinary shares and voting rights in the Company will be 77,444,950 . The Company does not hold any shares in treasury.

The above figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.

ENDS

For further information, please contact:

 
 OnTheMarket 
  Jason Tebb, Chief Executive Officer                       0207 353 
  Simon Bullock, Interim Chief Financial Officer             4200 
 
   Tulchan Communications 
   Giles Kernick                                              0207 353 
   Alec Tidbury                                               4200 
 
                                                              0203 829 
   Zeus (Nominated Adviser and Joint Broker)                  5000 
   Jamie Peel, Martin Green, James Hornigold (Investment 
   Banking) 
   Benjamin Robertson (Corporate Broking) 
 
   Shore Capital (Joint Broker) 
   Daniel Bush, John More (Corporate Finance)                 0207 408 
   Fiona Conroy (Corporate Broking)                           4090 
 

Background on OnTheMarket:

OnTheMarket plc, the majority agent-owned company which operates the OnTheMarket.com property portal, is a leading UK residential property portal provider.

Its objective is to create value for shareholders and property advertiser customers by delivering an agent-backed, technology enabled portal - offering a first-class service to agents and new homes developers at sustainably fair prices and becoming the go-to portal for serious property-seekers.

OnTheMarket provides a unique opportunity for agents to participate in the equity value of their own portal. Agent backing and support enable OnTheMarket to display 'Only With Us' properties which are either exclusive properties advertised at OnTheMarket.com by customers who do not list their properties with either Rightmove or Zoopla, or properties listed 24 hours or more before agents release these properties to Rightmove or Zoopla.

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.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

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(END) Dow Jones Newswires

April 26, 2023 02:00 ET (06:00 GMT)

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