IN BRIEF: OnTheMarket shareholders vote for GBP99 million takeover

OnTheMarket PLC - Aldershot, Hampshire-based property listing website - Says that shareholders ...

Alliance News 4 December, 2023 | 9:22PM
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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

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Securities Mentioned in Article

Security Name Price Change (%) Morningstar
Rating
OnTheMarket PLC Ordinary Shares 108.00 -

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