OnTheMarket issues 1m more shares for agent members who sign new listing agreements

OnTheMarket has made an application to the London Stock Exchange for the issue of 1,071,035 new ordinary shares.

They have been issued to “certain new and existing” agents who have signed new long-term listing agreements.

OTM expects admission this week, on November 6.

Following admission, the total number of ordinary shares in the company will be 64,817,948.

The shares closed on Friday at around 71.5p, a drop of nearly 3% during the day.

x

Email the story to a friend!



5 Comments

  1. GPL

     
    …….and you stood in that Hotel in Scotland Ian (Springett), on your “Vote For” OTM V2 Tour and pronounced  “they could be worth £5 a share at flotation”.  
     
    71.5 pence? ……”You took the Low Road, and I took the High Road”        
     
     

    Report
    1. smile please

      Issuing a million more shares, watch the price drop further.

      Report
      1. sb007ck

        69p now

        Report
        1. smile please

          If i win the euro millions tomorrow i might buy CW and OTM!

          Report
  2. GPL

     

    …….and the tune crackles on faintly from deep within the OTM Bunker…..

    …..”Who wants to be Millionaires? Weeeee do”

    …..then the door opens abruptly and the Matron barks…. “Right Boys, enough! Time for Bed!!!”

    69 pence? Zzzzzzzzzzzzz

     

     

    Report
X

You must be logged in to report this comment!

Comments are closed.

Thank you for signing up to our newsletter, we have sent you an email asking you to confirm your subscription. Additionally if you would like to create a free EYE account which allows you to comment on news stories and manage your email subscriptions please enter a password below.