Director/PDMR Shareholding

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.

 

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