Archive

Propertymark has named its new chairperson and board members during its annual general meeting. Succeeding Propertymark’s, Nicky Heathcote, Bill Butler has been...

Two major agency brands used their annual general meetings (AGM) yesterday to outline a positive view of the property market, with...

Shareholders have backed the sale of Purplebricks to online rival Strike. A general meeting was held this morning for shareholders to consider...

A rival offer could be on the cards for Purplebricks. The online brand has revealed that it has received an indicative proposal...

LSL Property Services has recruited David Barral to its board and as chair designate to replace Bill Shannon. Barral, formerly chief executive...

LSL is on the lookout for a new non-executive chair after announcing its incumbent Bill Shannon will retire from the agency...

Purplebricks has written to shareholders urging them to reject “disruptive” resolutions calling for chairman Paul Pindar to be sacked and replaced...

Two Foxtons directors have vowed to stand down from the agent’s board following opposition to their re-election at the company’s annual...

Purplebricks has set a date for a crunch vote over the future of its chairman. It comes after shareholder Lecram Holdings used...

Activist investor Lecram Holdings has used its new 5.16% stake in Purplebricks to call for the beleaguered online agent to remove...

Estate Agent Today has been told that Lecram Holdings – the investment vehicle of Adam Smith which last week increased its...

The apparent battle for the future of beleaguered online agency brand Purplebricks took an interesting turn last week when activist investor...

Activist investor and Purplebricks critic Lecram Holdings has increased its shareholding in the beleaguered online agent to 5%. The position means it...

A high-profile Purplebricks investor has backed the beleaguered online agent for bringing more experienced individuals to its board but has urged...

Purplebricks is set for its annual general meeting amid shareholder pressure over its performance and position of its chairman. The beleaguered online...

Purplebricks’ non-executive chairman has upped his stake in the beleaguered online agent ahead of the company’s annual general meeting (AGM) next month. A...

Purplebricks’ share price hit a record low during trading yesterday after an activist investor upped its stake and called for the...

Fundraising frolics by agents and property professionals this week include bike rides and triathlon challenges, plus the charity award season returns. Remember,...

OnTheMarket is seeking shareholder approval for a proposed cancellation of capital.  The portal said in a stockmarket update this morning that this...

Foxtons has confirmed its intention to sell the sales side of Douglas & Gordon, the London agency chain it acquired only...

Controversial London agency Foxtons is to review its policy on top management bonuses. This follows a shareholder revolt at the agency's AGM...

A date has been set for Purplebricks’ shareholders to give their verdict on a controversial remuneration package given to the agency’s...

OnTheMarket, which is holding its shareholders’ annual general meeting today, says early figures show the success of initiatives introduced by chief...

LSL Property Services has told Estate Agent Today that the company did not agree to a potential sale of its mortgage arm at...

OnTheMarket’s annual general meeting date has been set for later this month - and it’s likely to be virtual despite expected...

The saga over the future of Countrywide continues with the company urging its shareholders to take “no action” over the latest...

It’s been announced this morning that Connells is in takeover discussions with the troubled Countrywide agency group. Countrywide has given Connells until...

Countrywide is to hold a special general meeting on November 18 to consider its future ownership and structure. Last month Countrywide group...

A statement by OnTheMarket this morning reveals that as of the end of last month it had a record 14,000 advertisers...

There appears to have been a small shareholder rebellion at Countrywide’s annual general meeting over the company’s remuneration of senior management. No...

Countrywide has released details of its trading performance, including the knock its income has received as a result of the housing...

Revenue for The Property Franchise Group was hit by 20 per cent cent thanks for the lockdown - but sales listings...

There's widespread expectation that Foxtons’ senior management will face sharp criticism at the company’s Annual General Meeting today. The hottest issue at...

Foxtons' Annual General Meeting next month is to be held virtually, meaning voting will be electronic. A feature of last year’s AGM...

New temporary rules have thrown a lifeline to troubled agencies like Countrywide and Purplebricks which may need to raise additional funds...

Yet another one of the giants of our industry, Hunters, says it’s taking “appropriate measures” to safeguard the firm in the...

Former housing minister Alok Sharma has revealed new measures to allow agencies and other businesses to avoid insolvency during the virus...

Countrywide is declining to explain why due diligence on the sale of its commercial arm did not catch a problem which...

A new year dawns - but will 2020 bring new change for the agency industry now that the market appears to...

Countrywide's senior management has won overwhelming backing from shareholders for its strategy of selling its commercial arm and consoliating its shares. Today's...

Countrywide's senior management has won overwhelming backing from shareholders for its strategy of selling its commercial arm and consoliating its shares.         Earlier...

OnTheMarket has this morning announced it has raised £3.4m through a placing of shares. It has placed 4,857,143 new ordinary shares at a...

Countrywide has this morning revealed that its special general meeting of shareholders to agree the sale of its commercial arm will...

Purplebricks' senior management avoided a shareholder revolt yesterday during the company's Annual General Meeting (AGM). Last weekend, it emerged via the Sunday...

The Purplebricks share price dropped by 1% to 108p yesterday as investors prepare for today's Annual General Meeting. The hybrid agency's market...

Purplebricks is reported to be facing a shareholder revolt this coming week at its annual general meeting because of bonuses paid...

London agency Foxtons has announced some management changes - the first since a shareholder revolt at the firm’s annual general meeting...

Shareholders at today’s annual general meeting of OnTheMarket will hear the latest conversion figures showing how many agents on free or...

The Annual General Meeting of Foxtons shareholders in London has seen a dramatic rebellion against bonuses for senior management. There were 14 resolutions put...

Foxtons has warned shareholders and the City that sales volumes are at a “record low” and that the agency suffered another fall...

The founder of franchise giant Belvoir, Mike Goddard, has now stepped down as chair of the company, two years after quitting...

Following the first day of trading its new shares yesterday, Countrywide's share price finished at 12.52, down almost 4%. The new shares were...

Countrywide may have enjoyed the overwhelming support of its major institutional shareholders for its controversial rescue plan, but the wider financial...

Countrywide’s embattled management leaders have been overwhelmingly backed by shareholders in their bid for additional funding. A General Meeting of shareholders was held...

Countrywide’s eagerly-awaited General Meeting for shareholders takes place today and is widely expected to back the ailing agency group’s controversial rescue...

Countrywide’s share price defied the expectations of some analysts and rose over six per cent yesterday with the company moving from...

In yet another statement to the London Stock Exchange and shareholders, Countrywide says its last-gasp £140m fund-raising is likely to be...

LSL Property Services has issued a warning that market conditions are softer than expected so far in 2018 and that transaction...

Countrywide, the troubled agency group which today holds its annual general meeting, says it is “encouraged by the early progress that...

Purplebricks has issued a statement saying that 99.98 per cent of its shareholders have backed the new investment to expand its...

ZPG says it anticipates a strong 2018 according to a trading statement ahead of the company’s annual general meeting today. The firm...

The next few weeks leading to the General Election on June 8 are likely to have “a short term adverse impact...