Appointment of Chief Financial Officer update

OnTheMarket

26/05/2023 07:00

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RNS Number : 7185A  OnTheMarket plc  26 May 2023

26 May 2023

ONTHEMARKET PLC

 

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

 

 

Appointment of Chief Financial Officer update

On 24 January 2023, OnTheMarket plc (AIM: OTMP), the majority agent-owned
company which operates the onthemarket.com property portal, announced the
appointment of Tom Carter as Chief Financial Officer ("CFO").

The Company is pleased to confirm that Tom will join OnTheMarket and become a
member of the Board on 3 July 2023.

Interim CFO Simon Bullock will remain with the Group until 4 August 2023 to
ensure a comprehensive handover.

 

ENDS

 

For further information, please contact:

 

OnTheMarket
                                                                                       0207
353 4200

Jason Tebb, Chief Executive Officer

Simon Bullock, Interim Chief Financial Officer

 

Teneo (Financial PR)
 
 
0207 353 4200

Giles Kernick

Alec Tidbury

 

Zeus Capital (Nominated Adviser/Joint
Broker)                                0203 829
5000

Jamie Peel, Martin Green, James Hornigold

(Investment Banking)

Benjamin Robertson (Corporate Broking)

 

Shore Capital (Joint
Broker)
0207 408 4090

Daniel Bush, John More (Corporate Finance)

Fiona Conroy (Corporate Broking)

 

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.

 

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