Directorate Changes

RNS Number : 9514J
Purplebricks Group PLC
17 April 2020
 

 

 

Purplebricks Group plc

 

("Purplebricks", the "Company")

 

Directorate Changes

 

Purplebricks Group plc (AIM: PURP), the UK's leading hybrid estate agency, today announces that Chief Financial Officer, James Davies, has advised the Board of his intention to resign from the Company and the Board effective from 8 May 2020. The Company is pleased to announce that Andrew Botha will be joining Purplebricks as Chief Financial Officer, effective from 11 May 2020 subject to the completion of the customary due diligence checks required by the AIM Rules.

 

Mr Botha joins from online travel group Secret Escapes and was previously Group CFO at ZPG, the digital media business that owns and operates some of the UK's most recognised online brands including digital property portal Zoopla, PrimeLocation, uSwitch and Money.co.uk.  From his time at Zoopla, Andrew has developed a strong understanding of the UK hybrid property market.  He has also worked for a number of other publicly quoted and privately-owned digital businesses, including Lastminute.com, Betfair and Notonthehighstreet.  Andrew has more than 25 years' business experience and brings with him an extensive background in corporate finance, financial planning and analysis, investor relations, strategic planning and risk management.

 

Paul Pindar, Chairman of Purplebricks, commented:  

"On behalf of the Board I would like to thank James for his hard work and dedication during his tenure at Purplebricks. We wish him the very best with his future endeavours. I am delighted to welcome Andy to the Board as Chief Financial Officer. Andy has a remarkable track record in growing digital businesses, and I look forward to working with him and the executive management team to execute Purplebricks's strategy."

 

James Davies commented:

"It has been an exceptional privilege to have been part of the growth and success of Purplebricks. I joined when it was a nascent challenger brand and today it ranks as the UK's largest estate agency by volume. I am proud to have been on that journey. Notwithstanding the current COVID-19 circumstances, the Company is in a strong financial position and ready for its exciting next stage of development and success."

 

 

 

The following information is disclosed in accordance with Rule 17 and paragraph (g) of Schedule 2 of the AIM Rules for Companies:

 

Full name and age:

Andrew James Botha, aged 52

Current directorships:

Secret Escapes Limited

 

Evr Holdings PLC

 

Orange Grove Limited

 

Geek Vintique Ltd

Former directorships (previous 5 years):

CFP Software Limited

 

Core Estates Ltd

 

Dot Zinc Holdings Limited

 

Dot Zinc Limited

 

Hometrack Data Systems Limited

 

Hometrack.co.uk Limited

 

Jupix Ltd

 

Moveit Network Limited

 

Notonthehighstreet Enterprises Limited

 

Property Software Holdings Limited

 

Property Software Limited

 

PSG Webs Services Limited

 

Ravensworth Printing Services Limited

 

Real Estate Technology Limited

 

Sia Limited

 

Technicweb Limited

 

Ulysses Enterprises Limited

 

USwitch Limited

 

Vebra Investments Limited

 

Vebra Limited

 

Vebra Solutions Limited

 

W New Holdings Limited

 

Websky Limited

 

Zephyr Bidco Limited

 

Zoopla Limited

 

ZPG Comparison Services Holdings UK Limited

 

ZPG Comparison Services Limited

 

ZPG Limited

 

ZPG Property Services Holdings UK Limited

 

ZPG Property Services Limited

There is no further information required to be disclosed under Rule 17 or paragraph (g) of Schedule 2 of the AIM Rules for Companies.

 

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Purplebricks

+44 (0)20 7466 5000

Vic Darvey, CEO

 

James Davies, CFO

 

Zeus Capital (NOMAD)

+ 44 (0)20 3829 5000

Daniel Harris, Nick Cowles

 

Citi

+44 (0) 207 986 4000

Stuart Field, Robert Farrington

 

Peel Hunt

+44 (0)20 7418 8900

Dan Webster, George Sellar

 

Buchanan

+44 (0)20 7466 5000

David Rydell, Jamie Hooper, Kim van Beeck

 

 

 

 

About Purplebricks

Purplebricks is a leading estate agency business. Based in the UK, it also operates in Canada and is invested in Homeday.de in Germany. Purplebricks combines highly experienced and professional Local Property Experts and innovative technology to help make the process of selling, buying or letting more convenient, transparent and cost effective. Purplebricks shares are traded on the London Stock Exchange AIM market.

 

 

 


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