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A total of 20,897,684 new ordinary shares in the Company (the "Placing Shares") have been placed by Credit Suisse Securities (Europe) Limited and Jefferies International Limited, acting as joint global co-ordinators and joint bookrunners (the "Joint Bookrunners") at a price of 365 pence per Placing Share (the "Placing Price"), raising total gross proceeds of approximately £76.3 million for the Company.The Placing Shares represent approximately 5.0 per cent of the issued ordinary share capital of ZPG prior to the Placing.This data includes home prices in UK cities, and its automated valuations.The purchase has prompted speculation among agents.This figure may be used by shareholders as the denominator for the calculations by which they may determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Discl Property Service Holdings, parent company of agency brands Romans and Leaders, have signed an advertising agreement with Zoopla Property Group.Property Service Holdings has over 150 estate agency branches across the UK and annual revenues of over £120m.
Zoopla Property Group has announced it is buying Hometrack, a specialist in housing valuation data, established back 1999.Horrific footage will make you cringe Anisa Gannon of Gainesville, Georgia, snapped a picture of a fatal accident that caused a traffic jam on her way to work -- any many think it's a signal from above.Image that became a beacon of hope We've all heard that violence is never the answer -- but Twitter users couldn't be more proud of Colleen Dagg who physically fought a racist white woman.We look forward to welcoming Mike and his team to the ZPG family.”Mike Griffiths, managing director at Expert Agent, added: “We have known the ZPG team for many years and the combination with Expert Agent will be a clear win for UK agents.“Whilst remaining an independent solution, we will now be able to take Expert Agent to the next level with the backing of ZPG by integrating its existing products and investing further in the platform to ensure our members benefit from an end-to-end marketing and software solution.”Just under a year ago – last April – Griffiths spoke out after Zoopla’s acquisition of the Property Software Group, saying that many independent agents would “want to stay with an independent software provider”.He claimed that after he sold GMW Systems, his previous estate agency software business, to the Assertahome portal in 2000, “independent agents saw through it and were not prepared to give a ‘big brother’ corporate access to their client d Estate Agent Today has been told that a deal between the Property Franchise Group and ZPG - the new name for the Zoopla Property Group - means 100-plus branches are to return to listing on Zoopla and Prime Location portals in the near future.
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The business, which generated revenues of £15.5m and adjusted EBITDA of £7.1m in the year to the end of June 2016, has 55 staff operating out of offices in London and Sydney.