REG - OnTheMarket plc - Director/PDMR Shareholding

OnTheMarketAnnouncement

20/07/2023 07:00

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RNS Number : 5661G  OnTheMarket plc  20 July 2023

20 July 2023

ONTHEMARKET PLC

 

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

 

Director Dealing

 

 

 

OnTheMarket plc (AIM: OTMP), the majority agent-owned company which operates
the onthemarket.com property portal, today announces it has been informed that
Jason Tebb, Chief Executive Officer, has purchased 18,180 ordinary shares in
the Company of 0.2 pence each in the Company ("Ordinary Shares") at a price of
55p per Ordinary Share. Following this purchase, Jason is interested in 18,180
Ordinary Shares representing 0.023% of the Company's issued share capital.

 

In addition, the Company also announces that Rupert Sebag-Montefiore,
Independent Non-Executive Director has purchased 20,583 Ordinary Shares at a
price of 53.44p per Ordinary Share. Following this purchase, Rupert is
interested in 31,948 Ordinary Shares representing 0.04% of the Company's
issued share capital.

 

Notification and public disclosure of transactions by persons discharging
managerial responsibilities and persons closely associated with
them, provided in accordance with the requirements of the UK Market Abuse
Regulation

 

 1   Details of the person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                         Jason Tebb

 2   Reason for the notification
 a)  Position/status                                              Chief Executive Officer
 b)  Initial notification /Amendment                              Initial notification

 3   Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 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 transactions have been conducted
 a)  Description of the financial instrument, type of instrument  Ordinary shares of £0.002

     Identification code                                          OTMP
 b)  Nature of transaction                                        Purchase
 c)  Price(s) and volume(s)                                       Price                        Volume
                                                                  55p                          18,180
 d)  Aggregated information

     - Aggregated volume                                          N/A

     - Price
 e)  Date of the transaction                                      19 July 2023
 f)  Place of the transaction                                     London Stock Exchange, AIM

 

 

 1   Details of the person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                         Rupert Sebag-Montefiore

 2   Reason for the notification
 a)  Position/status                                              Non-Executive Director
 b)  Initial notification /Amendment                              Initial notification

 3   Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 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 transactions have been conducted
 a)  Description of the financial instrument, type of instrument  Ordinary shares of £0.002

     Identification code                                          OTMP
 b)  Nature of transaction                                        Purchase
 c)  Price(s) and volume(s)                                       Price                        Volume
                                                                  53.44p                       20,583
 d)  Aggregated information

     - Aggregated volume                                          N/A

     - Price
 e)  Date of the transaction                                      18 July 2023
 f)  Place of the transaction                                     London Stock Exchange, AIM

 

 

 

Ends.

 

For further information, please contact:

 

OnTheMarket
 
0207 353 4200

Jason Tebb, Chief Executive Officer

Simon Bullock, Interim Chief Financial Officer

Tom Carter, Chief Financial Officer

 

Teneo
 
  0207 353 4200

Giles Kernick

Alec Tidbury

 

Zeus Capital (Nominated Adviser/Joint Broker)
            0203 823 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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