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OTMP - Onthemarket News Story

87.5p 0.0  0.0%

Last Trade - 29/09/20

Sector
Technology
Size
Small Cap
Market Cap £62.8m
Enterprise Value £54.4m
Revenue £18.8m
Position in Universe 1090th / 1806

OnTheMarket plc - Director/PDMR Shareholding

Thu 16th July, 2020 7:00am
RNS Number : 1454T
OnTheMarket plc
16 July 2020
 

16 July 2020

 

OnTheMarket plc

 

 ("OnTheMarket" or the "Company")

Director Dealing

 

OnTheMarket plc (AIM: OTMP), the majority agent-owned company which operates the OnTheMarket.com property portal, today announces that it has been informed Rupert Sebag-Montefiore, Independent Non-Executive Director, has purchased 11,365 ordinary shares of 0.2 pence each in the Company ("Ordinary Shares") at a price of 90 pence per Ordinary Share.

 

The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.

 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them:

 

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



90p

11,365

d)

Aggregated information

- Aggregated volume

- Price

 

N/A

e)

Date of the transaction

03 July 2020

f)

Place of the transaction

London Stock Exchange, AIM

 

 

 

 

For further information, please contact:


OnTheMarket

Clive Beattie, Acting Chief Executive Officer

0207 353 4200

 

Tulchan Group (Financial PR adviser)

James Macey White

Giles Kernick

Sophie Duckworth

 

0207 353 4200

 

 

Zeus Capital (Nominated Adviser/Joint Broker)

Jamie Peel, Martin Green, Daniel Harris

(Corporate Finance)

Benjamin Robertson, John Goold (Broking)   

 

Shore Capital (Joint Broker)

Daniel Bush, John More (Corporate Finance)

Fiona Conroy (Corporate Broking)

 

0203 829 5000

 

 

 

 

0207 408 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.

 

With over 3,000 estate and letting agent shareholders, operating over 6,000 offices, 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 thousands of "New & exclusive" properties every month to serious property-seekers 24 hours or more before agents release these properties to other portals.


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.
 
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