OnTheMarket plc Director/PDMR Shareholding (1454T)

TIDMOTMP

RNS Number : 1454T

OnTheMarket plc

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,           Ordinary shares of GBP0.002 
      type of instrument 
     Identification code                                OTMP 
b)   Nature of transaction                              Purchase 
c)   Price(s) and volume(s)                             Price          Volume 
                                                        90p            11,365 
d)   Aggregated information 
      - Aggregated volume                                 N/A 
      - Price 
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)     0203 829 5000 
 
  Shore Capital (Joint Broker) 
  Daniel Bush, John More (Corporate 
  Finance) 
  Fiona Conroy (Corporate Broking)             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.

END

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