PDMR interests

OnTheMarket

04/02/2022 09:59

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20220204:nRSD7482Aa&default-theme=true

RNS Number : 7482A  OnTheMarket plc  04 February 2022

4 February 2022

ONTHEMARKET PLC

 

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

 

PDMR interests

OnTheMarket plc, the majority agent-owned company which operates the
OnTheMarket.com (http://www.onthemarket.com) property portal, announces that
Clive Beattie, Chief Financial Officer, sold 85,000 shares on 3 February 2022
at 100p per Ordinary Share to meet personal financial obligations, which
included personal taxes arising on the exercise of options.

The beneficial holding of ordinary shares by Clive Beattie following the
exercise and sale is 30,303 Ordinary Shares. In addition, Clive has 66,515
vested options and 671,658 unvested options.

The notification set out below is provided in accordance with the requirements
of the EU Market Abuse Regulation as part of UK domestic law by virtue of the
European Union (Withdrawal) Act 2018 and set out more details of the
transaction.

 1.   Details of PDMR
 (a)  Name                                     Clive Beattie
 2.   Reason for notification
 (b)  Position / status                        Chief Financial Officer
 (c)  Initial notification / amendment         Initial notification
 3.   Details of the Issuer
 (a)  Name                                     OnTheMarket plc
 (b)  LEI                                      213800UNVSN2LXD4W113

 4.   Details of the transaction(s): section to be repeated for (i) each type of
      instrument; (ii) each type of transaction; (iii) each date; and (iv) each
      place where transaction(s) have been conducted
 (a)  Description of the financial instrument  Ordinary shares of 0.2p each in the capital of the Company ("Ordinary Shares")
 (b)  Nature of the transaction                Sale of Ordinary Shares received pursuant to the Company's Employee Share
                                               Option Plan
 (c)  Price(s) and volume                      Sale price 100p, volume 85,000 shares

 (d)  Aggregated information                   N/A
 (e)  Date of the transaction                  3 February 2022
 (f)  Place of the transaction                 London Stock Exchange. AIM

 

ENDS

For further information, please contact:

 

OnTheMarket
                                                                                       0207
353 4200

Jason Tebb, Chief Executive Officer

 

Tulchan
Communications
                        0207 353 4200

Giles Kernick

Oliver Norgate

Zeus Capital (Nominated Adviser/Joint
Broker)                                0203 823
5000

Jamie Peel, Martin Green, James Hornigold

(Corporate Finance)

Benjamin Robertson (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.

 

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 (mailto:rns@lseg.com)
 or visit
www.rns.com (http://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 (https://www.lseg.com/privacy-and-cookie-policy)
.   END  DSHEANALEDEAEEA