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TODAY'S OTHER NEWS

High profile Savills veteran joins OnTheMarket board

Rupert Sebag-Montefiore has this morning been named as a non-executive director of OnTheMarket.

He will also serve as chairman of the portal’s remuneration committee.

Sebag-Montefiore was chief executive of Savills UK for 12 years and had the title ‘Head of Global Residential.’

He also previously served as non-executive chairman of Fastcrop plc, which operated the portal PrimeLocation at one time.

In a statement to OTM shareholders this morning he said: “It is with great pleasure that I join the Board of OnTheMarket at such an exciting and important phase in its development. I have watched the business grow from a concept to a serious market player in the UK portals sector. I look forward to supporting an entrepreneurial and seasoned leadership team in achieving its growth objectives in the interests of shareholders, customers and property-seekers alike."

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