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  5. IN BRIEF: OnTheMarket shareholders vote for GBP99 million takeover

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IN BRIEF: OnTheMarket shareholders vote for GBP99 million takeover

Mon, 04th Dec 2023 21:22

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

Copyright 2023 Alliance News Ltd. All Rights Reserved.

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27 Jul 2021 07:44

OnTheMarket advertiser count grows following year of 'considerable progress'

(Sharecast News) - Property search portal operator OnTheMarket said on Tuesday that the year ended 31 January had been one of "strong performance and considerable progress", with momentum from said period also spilling over into the new trading year.

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20 Jul 2021 16:02

UK shareholder meetings calendar - next 7 days

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8 Jun 2021 10:55

AIM WINNERS & LOSERS: Kodal Minerals progresses licence in Mali

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8 Jun 2021 10:31

OnTheMarket hails first annual profit since launch as UK housing booms

OnTheMarket hails first annual profit since launch as UK housing booms

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1 Jun 2021 15:51

UK earnings, trading statements calendar - next 7 days

UK earnings, trading statements calendar - next 7 days

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28 May 2021 20:00

TRADING UPDATES: Sanne rejects Cinvin; BH Macro, BH Global to merge

TRADING UPDATES: Sanne rejects Cinvin; BH Macro, BH Global to merge

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24 May 2021 12:02

TRADING UPDATES: Digital 9 raises cash; Bluejay and Rio start drilling

TRADING UPDATES: Digital 9 raises cash; Bluejay and Rio start drilling

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24 May 2021 10:13

OnTheMarket agrees partnership with Canopy

(Sharecast News) - OnTheMarket has struck a 12-month exclusive partnership with Canopy, a tenant referencing platform.

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13 May 2021 14:55

TRADING UPDATES: Helium One in Rukwa backing; Atalaya earnings jump

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22 Mar 2021 11:06

IN BRIEF: OnTheMarket may part with GBP12 million as seals Glanty deal

IN BRIEF: OnTheMarket may part with GBP12 million as seals Glanty deal

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22 Feb 2021 11:34

TRADING UPDATES: OnTheMarket And Solid State Lift Profit Outlook

TRADING UPDATES: OnTheMarket And Solid State Lift Profit Outlook

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22 Feb 2021 10:30

OnTheMarket turns a profit amid pandemic

(Sharecast News) - Online property portal operator OnTheMarket said on Monday that revenues and adjusted operating profits for the year ended 31 January were expected to be no less than £22.5m and £1.5m, respectively.

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14 Dec 2020 11:59

OnTheMarket Says Annual Earnings To Exceed Expectations

OnTheMarket Says Annual Earnings To Exceed Expectations

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14 Dec 2020 08:39

OnTheMarket ups full-year forecasts, shares rally

(Sharecast News) - Shares in OnTheMarket jumped in early trading on Monday after the property portal revealed full-year profits were on course to beat market expectations.

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30 Nov 2020 11:52

Mortgage approvals surge to 13-year high

(Sharecast News) - Mortgage approvals surged to a 13-year high in October, underpinned by pent-up demand and the stamp duty holiday, official data showed on Monday.

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