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KEYWORD "Shareholders" - 100 RESULTS
Clive Beattie to leave nurtur.group after Guild sale

Industry figure Clive Beattie is set to leave nurtur.group following the sale of The Guild of Property Professionals and Fine &...

04 June 2024

From: Breaking News

Zoopla battles OnTheMarket with huge new marketing campaign

Zoopla has kicked off an eight week marketing campaign to fend off the threat of OnTheMarket and to capitalise on the...

07 May 2024

From: Breaking News

PropTech Swoop - OnTheMarket’s new owner snaps up Matterport

CoStar Group, the US-based global online real estate provider which acquired OnTheMarket in December, has now snapped up Matterport, the well...

23 April 2024

From: Breaking News

Foxtons could sell to Dexters for £300m - press speculation

A shareholder of Foxtons believes the agency could be worth £300m if sold today - substantially above its existing market capitalisation...

22 April 2024

From: Breaking News

At last! Property sales data shows recovery from Brexit

It’s taken eight years but one of London’s highest profile estate agencies says the value of its Under Offer pipeline has...

19 April 2024

From: Breaking News

Franchise agency pulls plug on underperforming offices

Winkworth has revealed that it has not renewed franchises on offices “where our standards were not being met and results were...

18 April 2024

From: Breaking News

TPFG boss: The Belvoir deal was 'inevitable'

The landmark deal between The Property Franchise Group (TPFG) and Belvoir was ‘inevitable’ and more acquisitions could be on the card,...

11 March 2024

From: Breaking News

TPFG and Belvoir merger completes

Belvoir’s shares were temporarily suspended yesterday after the high court approved its high profile merger with The Property Franchise Group. This paved...

08 March 2024

From: Breaking News

Belvoir shareholders back TPFG merger

Belvoir shareholders have backed the agency brand's merger with The Property Franchise Group (TPFG), paving the way for the high-profile deal...

15 February 2024

From: Breaking News

Yopa accounts shed light on restructure

Yopa’s latest accounts for 2022 have revealed a “material uncertainty” that the business could continue ahead of a restructure in 2023. The...

12 February 2024

From: Breaking News

TPFG shareholders back Belvoir deal

The majority of shareholders of The Property Franchise Group (TPFG) have backed a merger of the brand with Belvoir. TPFG and Belvoir...

09 February 2024

From: Breaking News

Belvoir and TPFG set to outline merger benefits

Shareholders of Belvoir and The Property Franchise Group (TPFG) have been invited to a presentation this week where they can ask...

17 January 2024

From: Breaking News

Belvoir boss set to lose job in TPFG merger

The chief executive and chief financial officer of Belvoir will lose their jobs if the brand’s merger with The Property Franchise...

11 January 2024

From: Breaking News

Yopa restructures as Grenville Turner departs

Yopa has detailed a restructure of its business after chairman Grenville Turner mysteriously stepped down as a director. Companies House documents last...

08 January 2024

From: Breaking News

OnTheMarket boss: 'Our time is now'

OnTheMarket (OTM) chief executive Jason Tebb has declared “our time is now” after shareholders backed a takeover of the portal by...

05 December 2023

From: Breaking News

OnTheMarket shareholders vote for CoStar takeover

OnTheMarket shareholders have backed a takeover of the portal by US-owned property brand CoStar UK. It will bring an end to the...

04 December 2023

From: Breaking News

Takeover Panel rejects OTM critic's review request

OnTheMarket (OTM) critic Brett Stone has failed to get the Takeover Panel to intervene in the acquisition of the portal by...

01 December 2023

From: Breaking News

OTM critic targets asset manager in latest CoStar takeover attack

OnTheMarket (OTM) critic Brett Stone is still making last-ditch attempts to stifle a takeover of the portal by CoStar UK. Stone, a...

01 December 2023

From: Breaking News

OnTheMarket secures Glass Lewis backing for CoStar takeover

OnTheMarket (OTM) has secured more support for a takeover by CoStar UK. Proxy adviser Glass Lewis has given its backing to CoStar’s...

29 November 2023

From: Breaking News

Proxy share vote adviser backs CoStar OTM deal

Proxy adviser Institutional Shareholder Services (ISS) has recommended that shareholders back the CoStar UK takeover of OnTheMarket (OTM). The independent advisory firm...

27 November 2023

From: Breaking News

Shareholders call for Foxtons to be sold

Foxtons shareholders are reportedly putting the board under pressure to put the agency brand up for sale Two shareholders who own a...

20 November 2023

From: Breaking News

CoStar defends track record after open letter from OnTheMarket critic

CoStar has defended its operations after a third open letter from OnTheMarket critic Brett Stone attempted to derail the US property...

10 November 2023

From: Breaking News

Date set for OnTheMarket takeover vote

Agency shareholders of OnTheMarket will vote whether to accept a takeover approach from CoStar UK on 4 December. CoStar, owner of US...

08 November 2023

From: Breaking News

OnTheMarket accepts £100m takeover bid

OnTheMarket (OTM) has accepted a takeover offer for the business. A stock market announcement this morning, following its interim results, said Co-Star...

19 October 2023

From: Breaking News

Haus Properties founder aims to revive agency business

Jamie Lester is set to revive the HAUS Properties brand that he previously founded and quit. Lester, a former contestant on The...

04 October 2023

From: Breaking News

Retail guru takes over at Savills as agency’s profits tumble

Retail queen Stacey Cartwright will succeed Nicholas Ferguson as chair of Savills from December 31 - but she inherits a company...

11 August 2023

From: Breaking News

Share Price plummets after agency group’s profits warning

The share price of LSL Property Services dropped around 16 per cent at one point yesterday following a profits warning given...

08 August 2023

From: Breaking News

Open letter accuses OnTheMarket of ‘misleading shareholders’

OnTheMarket critic Brett Stone has issued a second open letter to shareholders of the portal, accusing it of “irresponsibly diluting shareholders”...

01 August 2023

From: Breaking News

Rightmove reveals key ‘revenue per advertiser’ figure this month

Rightmove, which recently increased its charges to some agents by a reported 17 per cent, is set to reveal its latest trading...

11 July 2023

From: Breaking News

OnTheMarket admits agent cancellations running higher than expected

OnTheMarket has admitted to shareholders that the cancellation of agent contracts has been “higher than expected”. In results from the company issued...

10 July 2023

From: Breaking News

Former online agency founder seeks support for new property portal

The founder of an online agency that switched to the for sale-by-owner model has turned his attention to property portals. Kae Travis...

20 June 2023

From: Breaking News

‘Exciting plans’ ahead as Strike completes Purplebricks takeover

The boss of new Purplebricks owner Strike has said he has “exciting plans” for the brands. It comes as Strike was officially...

05 June 2023

From: Breaking News

Shareholders back Strike takeover of Purplebricks

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

02 June 2023

From: Breaking News

Purplebricks finances 'significantly worse than expected' - claim

The investment group which today withdrew an offer to buy Purplebricks says it did so because "the financial condition of Purplebricks...

31 May 2023

From: Breaking News

Activist shareholder considering rival bid for Purplebricks

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

26 May 2023

From: Breaking News

Purplebricks agrees sale to Strike for £1

Purplebricks has agreed a sale of its business to online rival Strike for a consideration of £1. It brings an end to...

17 May 2023

From: Breaking News

GetAgent offers Purplebricks vendors ‘£300 lifeline’ 

Estate agent comparison site GetAgent has handed a lifeline to struggling Purplebricks sellers. It has announced that it will give home sellers...

12 May 2023

From: Breaking News

Mystery as major Purplebricks backers sell shareholdings

Two major Purplebricks shareholders have sold their stakes in the beleaguered brand, raising speculation over who they have sold to. Regulatory filings...

11 May 2023

From: Breaking News

Purplebricks backer removes board representative

A representative of major Purplebricks shareholder Axel Springer has stood down from the online agent’s board. It comes as the beleaguered brand...

07 March 2023

From: Breaking News

Bring back Bruce? Sack Pindar? What’s next for Purplebricks? 

Purplebricks’ share price hit a new low last week after it announced a strategic review that could lead to the sale...

20 February 2023

From: Breaking News

OnTheMarket retains majority agent-owned status

OnTheMarket is celebrating retaining its majority agent-owned status amid sell-offs by some of its early shareholders. It comes after 1.9m shares held...

17 February 2023

From: Breaking News

OnTheMarket reveals IPO agent share sales 

More than 3m of shares have been placed in a dedicated facility established by OnTheMarket (OTM) after its initial public offering...

16 February 2023

From: Breaking News

OnTheMarket rejects ‘detrimental’ approach from investor

OnTheMarket (OTM) has rebuffed a surprise approach from a non-shareholder in the business to overhaul the brand and let him join...

01 February 2023

From: Breaking News

OnTheMarket ‘progressing’ with agency contract renewals

OnTheMarket chief executive Jason Tebb has said he is “pleased with the progress” of getting agents to renew contracts as the...

26 January 2023

From: Breaking News

Purplebricks shares hit new low following crunch vote 

Purplebricks’ share price hit a new low of 9.02p yesterday despite its chairman Paul Pindar surviving a crunch vote to oust him. Lecram...

20 December 2022

From: Breaking News

OnTheMarket creates 'better outcome' facility for IPO agents to exit

OnTheMarket has written to agents who backed the portal at its 2018 initial public offering to provide a “better outcome” if...

14 December 2022

From: Breaking News

Shareholders 'can't afford to wait for Purplebricks to run out of money'

Purplebricks’ activist investor Lecram Holdings has warned shareholders can’t afford to wait ‘while the business runs out of money’ in a...

09 December 2022

From: Breaking News

Purplebricks: Why shareholders should vote against chairman change

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

24 November 2022

From: Breaking News

Two Foxtons directors to stand down

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

23 November 2022

From: Breaking News

Purplebricks sets date for crunch chairman vote

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

23 November 2022

From: Breaking News

Purplebricks urged to bring Countrywide founder on board

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

09 November 2022

From: Breaking News

Boomin goes bust but Agents Together project unaffected

Challenger portal and property platform Boomin informed staff that it was calling in liquidators yesterday. As first reported by Sky News, the...

01 November 2022

From: Breaking News

OnTheMarket confident more founding agents will renew portal contracts

OnTheMarket (OTM) chief executive Jason Tebb has hailed securing new contracts with major agencies and revealed discussions are ongoing with more...

18 October 2022

From: Breaking News

Purplebricks shareholder doesn’t rule out EGM on chairman position 

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

11 October 2022

From: Breaking News

The battle for Purplebricks – who are the main shareholders?

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

10 October 2022

From: Breaking News

As HMRC reveals almost half of those falling foul of AML regulations are property firms, estate agents are urged to get their compliance in order or face the consequences

HM Revenue & Customs (HMRC) recently published a list of firms that have received penalty notices for failure to meet their...

17 August 2022

From: Sponsored Content

Purplebricks, Liz Truss and George Orwell - double-think about it

Double-think, for those who have not read George Orwell, is when people are expected to accept two conflicting beliefs as truth,...

06 August 2022

From: Features

Foxtons unveils £10m agency acquisitions

Foxtons has announced the acquisition of two estate agents worth £10.55m. The listed agency giant has acquired IMM Properties Ltd, trading under...

26 May 2022

From: Breaking News

OnTheMarket seeks approval for share capital overhaul

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

03 May 2022

From: Breaking News

LSL Property Services announces the beginning of share buyback scheme

One of estate agency’s biggest groups yesterday announced the start of a share buyback programme for a tranche of up to...

22 April 2022

From: Breaking News

Markets shrug as Purplebricks awaits confirmation of new chief executive

Purplebricks ended the trading day yesterday without being able to formally welcome its new chief executive but the markets appeared to...

05 April 2022

From: Breaking News

Foxtons CEO tightens grip on agency in top table shake-up

Foxtons chief executive Nic Budden is to take up the work of the chief operating officer too. In a statement to shareholders...

01 April 2022

From: Breaking News

Purplebricks completes move away from self-employed agents

Purplebricks say it’s going to complete its transformation from an agency using self-employed local operatives in the field, to having fully...

31 March 2022

From: Breaking News

Purplebricks’ bonus share pay-out to finance chief

Purplebricks has announced that chief financial officer Stephen Long has been given a shares bonus as part of the company’s performance plan...

30 March 2022

From: Breaking News

Countrywide brands and branches critical to success of new owners

The Skipton Building Society, which owns Connells estate agency, says the house-selling arm helped it reach a record profit pre-tax profit...

21 March 2022

From: Breaking News

Foxtons “fails” so should be sold off, says latest angry investor

A Canadian investment fund with a roughly two per cent share in Foxtons is arguing for the agency to be put...

17 March 2022

From: Breaking News

Upbeat results from agency group despite forecast of transactions slump

The LSL Property Services group - which is increasingly focussing activities in the mortgage and personal finance world - has issued...

16 March 2022

From: Breaking News

Can Purplebricks thrive with a CEO without agency experience?

The Purplebricks share price remained relatively unchanged yesterday following the shock announcement that chief executive Vic Darvey was quitting the company...

11 March 2022

From: Breaking News

Russian sanctions won’t hurt prime London claims high-end agent

High end estate agency Savills says the imposition of sanctions on Russians, amid new measures obliging overseas buyers to be more...

11 March 2022

From: Breaking News

Purplebricks chief executive quits because of “personal circumstances”

Purplebricks chief executive Vic Darvey has quit, citing “personal circumstances”.  He leaves at the end of this month with chief operating officer Helena...

10 March 2022

From: Breaking News

Windfall for Foxtons investors as agency launches £3m share buy-back

Foxtons has this morning launched a £3m share buy back programme, representing a major windfall for its investors. A statement from the...

08 March 2022

From: Breaking News

Foxtons says it’s delivered first phase of growth plan

Foxtons has told shareholders that it has enjoyed "a good year of progress with revenues, profits and cash flow significantly ahead of...

02 March 2022

From: Breaking News

OnTheMarket transformation is accelerating, claims CEO Tebb

OnTheMarket’s transformation into a “tech-enables property business across the broader property eco-system” is gathering pace according to the portal’s chief executive. In...

01 March 2022

From: Breaking News

Can Boomin be the portal to topple Rightmove? An analyst asks…

Housing market analyst and PropTech entrepreneur Anthony Codling says that the next few weeks will determine whether Boomin is the portal...

28 February 2022

From: Breaking News

Rightmove reveals big rise in fee income and launches agency training initiative

There’s been another large rise in fee earnings for Rightmove this morning, as the portal softens the blow by announcing a...

25 February 2022

From: Breaking News

Asking prices show largest monthly jump in over 20 years

Rightmove - which issues its annual figures to shareholders later this week - has released a bullish snapshot of the housing...

21 February 2022

From: Breaking News

Crunch week for Rightmove as it reveals revenue from agents

Analysts are gearing up for the full year figures to be revealed by Rightmove to its shareholders at the end of...

21 February 2022

From: Breaking News

Thousands of HIgh Street agents want to join Purplebricks - claim

Purplebricks is claiming that literally thousands of High Street agents from conventional bricks-and-mortar firms are applying to the agency. It says this...

01 February 2022

From: Breaking News

Booming estate agents buck liquidation trend despite pandemic

New research suggests that the estate agency industry has bucked the nationwide trend of business liquidation that he plagued other sectors...

28 January 2022

From: Breaking News

Big payday for OnTheMarket’s former chief executive

A former chief executive of OnTheMarket is now able to cash in shares worth some £92,000 in the latest part of...

27 January 2022

From: Breaking News

OnTheMarket predicts improved profits after strong year

OnTheMarket has this morning told shareholders that its performance is ahead of expectations and it's on course to make improved profits...

21 January 2022

From: Breaking News

Goodbye Purplebricks - name disappears in rebrand of Canada firm

The name of Purplebricks - which once claimed its business model was a global success - has now been removed in...

17 January 2022

From: Breaking News

Foxtons sells off London sales agency it bought last year

Foxtons has this morning announced that it’s selling off the sales wing of a rival London agency that it bought just...

14 January 2022

From: Breaking News

Major agency expects approaches from franchisees this year

Winkworth has told its shareholders that it expects approaches from prospective franchisees to open new branches this year. In a trading statement...

12 January 2022

From: Breaking News

Purplebricks denies sell-off rumour

Purplebricks has this morning said that a newspaper report over the weekend, claiming part of the business is to be sold...

04 January 2022

From: Breaking News

Investigation opens into Purplebricks as agency hit by latest crisis

Propertymark is to probe Purplebricks over its lettings fiasco - and as the agency becomes a subject of ridicule in the...

14 December 2021

From: Breaking News

Purplebricks delays report to shareholders after latest legal crisis

Purplebricks is delaying release of its half-year figures which were scheduled to be given to shareholders tomorrow. This follows revelations in the Daily...

13 December 2021

From: Breaking News

Purplebricks marketing chief quits after little more than a year

Purplebricks chief marketing officer Ben Carter is quitting the company; he was appointed late last year. Carter tweeted this afternoon: “Some personal...

06 December 2021

From: Breaking News

Build To Rent - why is it so cold and unfriendly?

Let’s begin with total transparency from this author: I believe there’s a place for Build To Rent in the wider portfolio...

27 November 2021

From: Features

Business boost for EweMove, Martin & Co and other TPFG brands

The Property Franchise Group, the agency industry’s largest franchise operation, has reported strong performance in recent months. Chief executive Gareth Samples has...

05 November 2021

From: Breaking News

Purplebricks share price crashes after huge business slump

Purplebricks' share price tumbled a remarkable 34 per cent this morning when trading opened on the London Stock Exchange. The price crashed...

04 November 2021

From: Breaking News

OnTheMarket cuts amount it pays for PropTech supplier

OnTheMarket has announced that it’s reducing the amount it’s paying for PropTech supplier Glanty. Glanty is best known for its lettings platform teclet,...

01 November 2021

From: Breaking News

Lies, Damned Lies, and House Building Targets

We’ve probably all learned to be a little less cynical about politicians in recent weeks, given the tragic events. We perhaps...

30 October 2021

From: Features

Foxtons gives upbeat update on sales and lettings

Foxtons has given an upbeat trading update to shareholders this morning. It says so far this year sales revenue is a huge...

28 October 2021

From: Breaking News

Purplebricks shock as finance chief quits at short notice

Purplebricks has this morning announced that chief financial officer Andy Botha is quitting at the end of the month. In a terse...

14 October 2021

From: Breaking News

OnTheMarket posts strong results as agents move to full-fee contracts

OnTheMarket figures for the first half of this year show stronger revenue and improved profits. Agency numbers have increased modestly since January...

12 October 2021

From: Breaking News

Foxtons to review policy on ‘furlough bonuses’ for senior management

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

29 September 2021

From: Breaking News

Purplebricks executive bonuses given massive shareholder support

Shareholders in Purplebricks have given overwhelming backing to the company’s remuneration policy - including substantial bonuses for senior executives which had...

29 September 2021

From: Breaking News

Businesses, including agencies, hand back £1.3 billion in furlough money

New figures from HM Treasury have revealed that businesses, including a number of major agencies, have returned £1.3 billion in furlough...

22 September 2021

From: Breaking News

Foxtons appoints former Hamptons man following 'investor pressure'

Following speculation overnight, Foxtons - one of London's leading and most high-profile agencies - has this morning announced the appointment of Nigel Rich CBE...

17 September 2021

From: Breaking News

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