Announcement • Feb 11
Foxtons Group plc Announces Retirement of Rosie Shapland as Senior Independent Director Foxtons Group PLC announced that Rosie Shapland, Senior Independent Director and Chair of the Audit Committee, will retire as a Director of the Company following the publication of the Company's Interim Results for the year ending December 31, 2026. Rosie Shapland significantly contributed to the Company over the last six years. Announcement • Jan 22
Foxtons Group plc (LSE:FOXT) acquired FLEETMILNE (BIRMINGHAM) LIMITED for £4.5 million. Foxtons Group plc (LSE:FOXT) acquired FLEETMILNE (BIRMINGHAM) LIMITED for £4.5 million on January 21, 2026. A cash consideration of £3.2 million will be paid by Foxtons Group plc. Foxtons Group plc will pay an earnout/contingent payment of £0.8 million cash. The initial consideration of £3.2 million, with a further £0.8 million deferred for 12 months and contingent on performance targets being met. Up to £0.5 million of further contingent consideration may be payable, subject to the successful delivery of new recurring revenues from specified Build-to-Rent developments. The acquisition is funded from the Group's existing revolving credit facility. In addition, FleetMilne will become Foxtons' hub in Birmingham.
For the period ending September 30, 2025, FLEETMILNE (BIRMINGHAM) LIMITED reported total revenue of £1.5 million. The directors of FleetMilne will remain with the business post-acquisition to lead the next stage of growth under Foxtons' ownership.
The acquisition is expected to be accretive to the Group's earnings from 2026 onwards. Over the medium-term the Group is targeting a total return on investment of 20% in Birmingham, in line with its disciplined return targets.
George Thresh, Victoria Sunley, and Alex Judd of Buzzacott LLP acted as financial and tax due diligence providers for Foxtons Group plc.
Foxtons Group plc (LSE:FOXT) completed the acquisition of FLEETMILNE (BIRMINGHAM) LIMITED on January 21, 2026. Announcement • Jan 17
Foxtons Group plc (LSE:FOXT) acquired Cauldwell Property Services Ltd for an enterprise value of £6.5 million. Foxtons Group plc (LSE:FOXT) acquired Cauldwell Property Services Ltd for an enterprise value of £6.5 million on January 7, 2026. The total enterprise value of £6.5 million on a cash and debt-free basis, of which £0.8 million is deferred for 12 months and contingent on performance targets being met.
For the period ending November 30, 2025, Cauldwell Property Services Ltd reported unaudited total revenue of £3.1 million and EBIT of £0.8 million.
Foxtons Group plc (LSE:FOXT) completed the acquisition of Cauldwell Property Services Ltd on January 7, 2026. Announcement • Oct 24
Foxtons Group plc Provides Earnings Guidance for Fourth Quarter 2025 Foxtons Group plc provided earnings guidance for fourth quarter 2025. Sales is likely to remain subdued for the rest of the year, in particular in the run up to the delayed Autumn Budget which is creating additional market uncertainty and making it more challenging than usual to accurately predict Fourth Quarter Sales revenue. As a consequence, there is a risk that Fourth Quarter Sales revenue falls below management's expectations. Despite the current weakness in the sales market, there are encouraging signs for medium-term growth across the Group. The Group's strategic focus on Lettings continues to provide a stable and resilient earnings base and provides both organic and acquisitive growth opportunities. Sales market conditions are expected to improve, driven by greater clarity from the Autumn Budget and the potential for interest rate cuts. With rebuilt operational capabilities, the Group is well positioned to maximise returns as volumes recover. Announcement • Sep 09
Foxtons Group plc (LSE:FOXT) commences an Equity Buyback Plan for 30,390,561 shares, representing 10.15% of its issued share capital, under the authorization approved on May 7, 2025. Foxtons Group plc (LSE:FOXT) commences a share repurchases on September 8, 2025, under the program mandated by shareholders in the Annual General Meeting held on May 7, 2025. As per the mandate, the company is authorized to repurchase up to 30,390,561 shares, representing 10.15% of its issued share capital. The minimum price (exclusive of expenses) which may be paid for each ordinary share is £0.01 and the maximum price which may be paid for each ordinary share is the higher an amount equal to 105% of the average closing middle market quotations for an Ordinary Share as derived from the London Stock Exchange Daily Official List for the five business days immediately preceding the date on which the Ordinary Share is purchased and the higher of the price of the last independent trade and the highest current independent bid for an Ordinary Share on the trading venue where the purchase is carried out. The repurchased shares will either be cancelled or held in treasury. The authorization will be valid till the Annual General Meeting of the company in 2026 or June 30, 2026, if earlier. As of May 2, 2025, the company had 325,357,668 issued shares including 26,005,873 treasury shares. Announcement • Jul 31
Foxtons Group plc Declares an Interim Dividend, Payable on September 15, 2025 Foxtons Group plc declared an interim dividend of 0.24 pence per share (2024: interim dividend of 0.22 pence per share) under the Group's progressive dividend policy. Payment will be made on 15 September 2025 to shareholders on the register at close of business on 8 August 2025. The shares will be quoted ex-dividend on 7 August 2025. The Company operates a Dividend Reinvestment Plan ("DRIP"), which is managed by its registrar, MUFG Corporate Markets. For shareholders who wish to receive their dividend in the form of shares, the deadline to elect for the DRIP is 22 August 2025. Announcement • May 09
Foxtons Group plc Approves Final Dividend Foxtons Group plc at its AGM held on May 7, 2025, approved proposed final dividend of 0.95 pence per ordinary share. Announcement • Apr 10
Foxtons Group plc (LSE:FOXT) commences an Equity Buyback Plan for 30,129,498 shares, representing 10% of its issued share capital, under the authorization approved on May 7, 2024. Foxtons Group plc (LSE:FOXT) commences a share repurchases on April 8, 2025, under the program mandated by shareholders in the Annual General Meeting held on May 7, 2024. As per the mandate, the company is authorized to repurchase up to 30,129,498 shares, representing 10% of its issued share capital. The minimum price (exclusive of expenses) which may be paid for each ordinary share is £0.01 and the maximum price which may be paid for each ordinary share is the higher an amount equal to 105% of the average closing middle market quotations for an Ordinary Share as derived from the London Stock Exchange Daily Official List for the five business days immediately preceding the date on which the Ordinary Share is purchased and the higher of the price of the last independent trade and the highest current independent bid for an Ordinary Share on the trading venue where the purchase is carried out. The repurchased shares will either be cancelled or held in treasury. The authorization will be valid till the Annual General Meeting of the company in 2025 or June 30, 2025, if earlier. As of March 26, 2024, the company had 330,097,758 issued shares including 28,802,778 treasury shares. Announcement • Mar 06
Foxtons Group plc, Annual General Meeting, May 07, 2025 Foxtons Group plc, Annual General Meeting, May 07, 2025. Announcement • Oct 29
Foxtons Group plc (LSE:FOXT) acquired Imagine Property Group Limited for £6 million. Foxtons Group plc (LSE:FOXT) acquired Imagine Property Group Limited for £6 million on October 29, 2024. Foxtons paid initial consideration for the acquisition, on a cash and debt free basis, is £5 million, with £1 million deferred and contingent on the delivery of performance targets. In related transaction, Haslams Estate Agents (Thames Valley) Limited. The Acquisitions will be funded using the Group's £30 million revolving credit facility which has the option to be extended to £40 million subject to bank approval. Foxtons Group acquired Imagine's unaudited total revenue and operating profit for the 12 months ended 31 March 2024 was £3.3 million and £0.5 million respectively.
Foxtons Group plc (LSE:FOXT) completed the acquisition of Imagine Property Group Limited on October 29, 2024. Announcement • Jul 30
Foxtons Group plc Declares Interim Dividend, Payable on 16 September 2024 Foxtons Group plc has declared an interim dividend of 0.22 pence per share (2023: interim dividend of 0.20 pence per share). Payment will be made on 16 September 2024 to shareholders on the register at close of business on 9 August 2024. Announcement • Nov 08
Foxtons Group plc (LSE:FOXT) acquired ludlowthompson.com Ltd from private individual shareholders for £10 million. Foxtons Group plc (LSE:FOXT) acquired ludlowthompson.com Ltd from private individual shareholders for £10 million on November 7, 2023. The purchase consideration is on a cash and debt free basis. Of this total consideration, 1.5 million is deferred for a period of 12 months subject to the business delivering against certain performance targets. The acquisition will be funded through the Group's existing cash resources and existing 20m revolving credit facility. For FY ended 2022, Ludlow had revenues of £7.3 million and profit after tax of £0.1 million.
Foxtons Group plc (LSE:FOXT) completed the acquisition of ludlowthompson.com Ltd from private individual shareholders on November 7, 2023. Announcement • Oct 27
Foxtons Group plc Provides Earnings Guidance for the Fourth Quarter, Full Year 2023 and First Quarter of 2024 Foxtons Group plc provided earnings guidance for the fourth quarter, full year 2023 and first quarter of 2024. Fourth quarter, in Sales, revenue is expected to be lower than the prior year comparative, market share gains mean the adverse variance versus fourth quarter of 2022 should reduce compared to previous quarters. Furthermore, with mortgage rates beginning to stabilise, fourth quarter of 2023 buyer demand will outpace fourth quarter of 2022 levels, which was heavily impacted by the September 2022 mini-budget.Overall, full year earnings are expected to be in-line with consensus.As a result, the company expected the 31 December 2023 under-offer pipeline to be significantly higher than the prior year, which will drive year-on-year revenue growth in the first quarter of 2024. Announcement • Jul 28
Foxtons Group plc Declares an Interim Dividend, Payable on 12 September 2023 The board of Foxtons Group plc has declared an interim dividend of 0.2 pence per share (2022: interim dividend of 0.2 pence per share). Payment will be made on 12 September 2023 to shareholders on the register at close of business on 4 August 2023. The shares will be quoted ex-dividend on 3 August 2023. Announcement • May 10
Foxtons Group plc Declares Final Dividend in Respect of the Financial Year Ended 31 December 2022 Foxtons Group plc at its AGM held on 9 May 2023 declared final dividend of 0.7 pence per ordinary share in respect of the financial year ended 31 December 2022. Announcement • Jan 28
Foxtons Group plc Announces Board Changes Foxtons Group plc announced the appointments of Ms. Annette Andrews and Mr. Jack Callaway as Non-Executive Directors of the company with effect from 1 February 2023. Ms. Andrews will also be appointed as Chair of the Remuneration Committee and Chair of the Environmental, Social and Governance Committee with effect from the close of the 2023 AGM. As previously advised, these appointments support internal succession planning with the departure of Alan Giles and Sheena Mackay, both of whom will be stepping down at the AGM in 2023. Annette brings substantial HR and people expertise to the Board after a career of 30 years in senior HR roles and has designed, implemented and overseen a number of compensation regimes in both regulated and commercial businesses. Annette is currently Chair of the Remuneration Committee at finnCap Group PLC. Jack is an experienced financial services executive with over 30 years of investment banking, mergers and acquisitions, and financing experience. Heserved previously as Chairman of Barclays Telecom, Media and Technology Investment Banking business and was most recently a Non-Executive Director of Euromoney Institutional Investor PLC. At the date of this announcement, Annette Andrews is a Non-Executive Director and Chair of the Remuneration Committee of finnCap Group PLC and Founder and Sole Director of Acaria Coaching & Consulting Ltd. Announcement • Jan 16
James Evans signs an agreement to acquire Douglas & Gordon Limited from Foxtons Group plc (LSE:FOXT). James Evans signs an agreement to acquire Douglas & Gordon Limited from Foxtons Group plc (LSE:FOXT) on January 14, 2021. Foxtons Group will disposal of the D&G sales business and all of its branches, by way of the sale of Douglas & Gordon Limited. Evans. Cash of £3.7 million will be left in the business to cover working capital requirements and retained liabilities. Under the terms of the disposal, D&G will operate under restrictive covenants which protect the lettings book assets retained by Foxtons, including existing customer contracts and relationships, and the employees that are transferring to Foxtons. In a related transaction, Foxtons Group integrates the D&G lettings business. Foxtons Group acquired D&G sales business for £15.5 million on March 2021. D&G sales business contributed an operating loss of approximately £1.9 million to the Group in 2021, from £6.8 million of sales revenue. The total gross assets of the D&G sales business at the end of December 2021 were £10.6 million, primarily relating to lease right of use assets and cash. The disposal will result in an impairment loss of approximately £3 million, which will be recognized by the Group as an adjusted item in the financial statements for 2021. The disposal is conditional upon the approval by shareholders at a General Meeting. A circular setting out the terms of the disposal is expected to be posted to shareholders on Monday 17 January 2022 with the General Meeting expected to take place on Thursday 10 February 2022. Following a period of consultation with affected employees, and if approved by shareholders, the Disposal is expected to complete in February 2022.