Inactive Instrument

ON MARKPAR

OTMP

GB00BFN3K335

OnTheMarket shareholders vote for GBP99 million takeover

December 04, 2023 at 04:24 pm EST

OnTheMarket PLC - Aldershot, Hampshire-based property listing website - Says that shareholders voted for its takeover at its annual general meeting Monday. In October, OnTheMarket said it had agreed to a takeover from indirect CoStar Group Inc subsidiary CoStar UK Ltd for around GBP99 million. CoStar is a Washington, DC-based online real estate marketplace, information and analytics provider in the commercial and residential property sector. Says the special resolution was approved by 98% of shareholders.

Current stock price: 108.00 pence

12-month change: up 49%

By Sophie Rose, Alliance News senior reporter

Comments and questions to newsroom@alliancenews.com

Stocks mentioned in the article

	Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
	COSTAR GROUP, INC.	89.76 USD	-0.66%	-0.64%	36.9B
	COSTAR GROUP CO., LTD.	15.5 CNY	-1.21%	+6.75%	559M

Latest news about ON MARKPAR

European stocks toil ahead of Fed decision	Dec. 13	AN
CoStar Group Acquires UK Property Portal OnTheMarket	Dec. 12	MT
CoStar sends warning shot to Rightmove after sealing OnTheMarket deal	Dec. 12	AN
CoStar Completes GBP100 Million Takeover of OnTheMarket	Dec. 12	MT
CoStar UK Limited completed the acquisition of OnTheMarket plc from a group of shareholders.	Dec. 11	CI
OnTheMarket shareholders vote for GBP99 million takeover	Dec. 04	AN
FTSE 100 Ends Friday Up as Miners Rally	Dec. 01	DJ
Upland Resources completes technical study at Sarawak	Nov. 28	AN
CoStar UK's OnTheMarket Bid Gets Glass Lewis Recommendation	Nov. 28	MT
Glass Lewis Supports OnTheMarket Takeover Deal	Nov. 28	CI
OnTheMarket says independent adviser recommends takeover by CoStar	Nov. 24	AN
OnTheMarket Relays ISS Recommendation in Favor of Merger with CoStar UK	Nov. 24	MT
UK House-Buyer Confidence Stayed Remarkably Steady in October	Nov. 16	DJ
OnTheMarket's CoStar offer "not in UK national interest" - Brett Stone	Nov. 09	AN
17% annual slump in UK home sales in September — HMRC figures	23-10-31	AN
FTSE 100 Closes Monday Higher as Israel -2-	23-10-30	DJ
CoStar Group trims annual revenue forecast on weak property market	23-10-24	RE
Trevor Abrahmsohn Provides Information to Shareholders of OnTheMarket	23-10-23	CI
Rate worries and Middle East tensions hurt shares	23-10-20	AN
FTSE 100 Closes Down 1.2% as Sentiment Remains Weak, Rentokil Slips on Disappointing Update	23-10-19	DJ
Stocks fall as risk sentiment remains downbeat	23-10-19	AN
CoStar Group Seeks to Acquire UK OnTheMarket	23-10-19	CI
Conflict worry and bond sell-off hurts stocks	23-10-19	AN
OnTheMarket agrees to GBP99 million CoStar takeover, swings to loss	23-10-19	AN
AIM WINNERS & LOSERS: OnTheMarket surges on CoStar takeover	23-10-19	AN

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Company Profile

OnTheMarket plc is a holding company, which operates the OnTheMarket.com property portal, is a residential property portal provider in the United Kingdom. The principal activities of the Company are the provision of online property portal services to businesses in the estate and lettings agency industry under the trading name of OnTheMarket.com, and the provision of software services to the United Kingdom estate and lettings agents by Glanty under the trading name teclet. Its segments include Glanty and Rest of the Group. It provides an opportunity for agents to participate in the equity value of their own portal. Its online valuation service gives an estimate of one's home's current value. In operating the OnTheMarket.com Website and associated applications, it seeks to provide an online advertising environment for properties and a property search experience for property-seeking consumers. Agents' Mutual Limited, Glanty Limited and On The Market (Europe) Limited are its subsidiaries.

Sector

Internet Services

Calendar

2024-06-12 - Q4 2024 Earnings Release (Projected)

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