Director/PDMR Shareholding

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 - Price	N/A
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 - Price	N/A
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.

 

END