Appointment of Chief Financial Officer update

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.

 

END