Director/PDMR Shareholding

RNS Number : 3593L

Purplebricks Group PLC

24 December 2018

 

24 December 2018

Purplebricks Group plc

("Purplebricks" or the "Company")

Purchase of shares and PDMR notification

Director/PDMR Dealing

Purplebricks Group plc (AIM: PURP), the hybrid estate agent providing a new way to buy, sell or let property, announces that the Company was notified that on 21 December 2018, each of Michael Bruce, Group Executive Officer, Kenny Bruce, Global Sales Director, Simon Downing, Non-Executive Director and Adrian Blair, Non-Executive Director purchased 368,775 ordinary shares of £0.01 each in the Company ("Ordinary Shares") as detailed in the table below, together with their resultant beneficial interest, including connected persons, in Ordinary Shares.

Director	Position	Number of Ordinary Shares acquired	Price paid per Ordinary Share (pence)	Total resultant beneficial interest in Ordinary Shares
Michael Bruce	Group Executive Officer	167,925	148p	11.02%
Kenny Bruce	Global Sales Director	33,675	148p	2.56%
Simon Downing	Non-Executive Director	133,500	148p	0.04%
Adrian Blair	Non-Executive Director	33,675	148p	0.01%

The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	1.    Michael Bruce 2.    Kenny Bruce 3.    Simon Downing 4.    Adrian Blair
2	Reason for the notification
a)	Position/status	1.    Group Chief Executive Officer 2.    Global Sales Director 3.    Non-Executive Director 4.    Non-Executive Director
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Purplebricks Group plc
b)	LEI	2138003JWQLI3386BB56
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Ordinary Shares of £0.01 each ISIN: GB00BYV2MV74
b)	Nature of the transaction	Purchase of shares
c)	Price(s) and volume(s)	Price No. of shares 1.    148p 2.    148p 3.    148p 4.    148p 1.    167,925 2.    33,675 3.    133,500 4.    33,675
d)	Aggregated information - Aggregated volume - Price	368,775 Ordinary Shares 148p per Ordinary Share
e)	Date of the transaction	21 December 2018
f)	Place of the transaction	London Stock Exchange, AIM

For further information, please contact:

Purplebricks                                                                                                                      [phone]

Michael Bruce, Chief Executive

James Davies, Chief Financial Officer

Zeus Capital - Nominated Adviser                                                                                [phone]

Nicholas How (Corporate Finance)

Ben Robertson (Corporate Broking)

Investec - Joint Broker                                                                                                     [phone]

Keith Anderson

Carlton Nelson

Peel Hunt - Joint Broker                                                                                                   [phone]

Dan Webster

Instinctif Partners                                                                                                              [phone]

David Simonson

Mark Reed

George Yeomans

About Purplebricks

Purplebricks is the leading next generation estate agency in the UK with operations in Australia, the US and Canada that combines highly experienced and professional Local Property Experts (Local Real Estate Experts in the US) and an innovative use of technology to help make the process of selling, buying or letting so much more convenient, transparent and cost effective. Purplebricks is transforming the way people perceive estate agents and estate agency. 

 

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