Directors/PDMR Shareholding

RNS Number : 1554W

Purplebricks Group PLC

16 August 2022

 

16 August 2022

Purplebricks Group plc

(the "Company")

  Directors/PDMR Shareholding

Purplebricks Group plc (AIM: PURP), a leading UK estate agency business, announces that on 15 August 2022, the following awards over ordinary shares of £0.01 each in the Company ("Awards") were granted under the Purplebricks Performance Share Plan to the following persons discharging managerial responsibilities:

· 800,000 Awards to Helena Marston, Chief Executive officer; and

· 650,000 Awards to Stephen Long, Chief Financial Officer

The Awards have an exercise price of £0.01 per share and become exercisable subject to continued employment and performance based on two performance measures relating to the Company's relative and absolute total shareholder return over a three year performance period. In addition, each Award is also subject to an underpin condition, requiring the Remuneration Committee to be satisfied as to overall Company performance and other success markers including customer satisfaction before confirming any vesting under the formulaic performance conditions.

The information set out below is provided in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation No 596/2014 (as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018).

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Helena Marston
2	Reason for the notification
a)	Position/status	Chief Executive Officer
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	Awards granted pursuant to the Purplebricks Performance Share Plan
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		nil	800,000
d)	Aggregated information - Aggregated volume - Price	N/A  N/A
e)	Date of the transaction	15 August 2022
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Stephen Long
2	Reason for the notification
a)	Position/status	Chief Financial Officer
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	Awards granted pursuant to the Purplebricks Performance Share Plan
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		nil	650,000
d)	Aggregated information - Aggregated volume - Price	N/A N/A
e)	Date of the transaction	15 August 2022
f)	Place of the transaction	Outside a trading venue

-  Ends -

Enquiries

Purplebricks

Helena Marston, Chief Executive Officer

Steve Long, Chief Financial Officer   

Fiona O'Nolan, Equitory, Investor Relations    [e-mail]    
[phone]    

Zeus (Nominated Adviser & Broker) 

Daniel Harris, James Hornigold (Investment Banking)    [phone]

Ben Robertson (Corporate Broking)

MHP Communications

Peter Hewer   [phone]

Alan Tovey    [phone]

About Purplebricks

Purplebricks is a leading technology-led estate agency business, based in the UK. Purplebricks combines highly experienced and professional Local Property Partners 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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