LONDON, April 7 London-focused property agency
Foxtons said on Monday its chief executive Michael
Brown would be taking compassionate leave, and that its chairman
and chief financial officer would work closely to ensure the
smooth running of the business.
The company declined to comment further on the length of
Foxtons, an icon of the London property market with its
fleet of staff-driven Mini Cooper cars, enjoyed a strong stock
market debut in September last year. Its shares currently trade
at 366 pence, 59 percent above its 230 pence offer price.
(Reporting by Brenda Goh, Editing by Paul Sandle)