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Purplebricks Group (PURP)

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Monday 31 July, 2017

Purplebricks Group

Sale of shares and PDMR notification

RNS Number : 6563M
Purplebricks Group PLC
31 July 2017
 

31 July 2017

 

 

Purplebricks Group plc

("Purplebricks" or the "Company")

Sale of shares and PDMR notification

 

Purplebricks Group plc (AIM: PURP), the hybrid estate agent providing a new way to buy, sell or let property, has today been notified that on 27 January 2017 and 31 July 2017, Richard Jacques, Lettings Director, a person discharging managerial responsibilities ("PDMR"), sold in aggregate 60,000 ordinary shares of 1 pence each in the Company ("Ordinary Shares").

 

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.    Richard Jacques

2.    Richard Jacques

2

Reason for the notification

a)

Position/status

1.    Lettings Director

2.    Lettings 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

1.    Sale of shares

2.    Sale of shares

c)

Price(s) and volume(s)

 Price

No. of shares

1.    £4.955

2.    £4.800

1.    5,000

2.    55,000

d)

Aggregated information

- Aggregated volume

- Price

Volume: 60,000

Average weighted price: £4.812917

 

e)

Date of the transaction

1.    27 July 2017

2.    31 July 2017

f)

Place of the transaction

London Stock Exchange, AIM

 

For further information, please contact:

 

Purplebricks                                                                                                                      +44 (0) 20 7457 2020

Michael Bruce, Chief Executive

James Davies, Chief Financial Officer

 

Zeus Capital - Nominated Adviser                                                                           +44 (0) 20 3829 5000

Nicholas How (Corporate Finance)

Pippa Underwood (Corporate Finance)

Ben Robertson (Corporate Broking)

 

Investec - Joint Broker                                                                                                  +44 (0) 20 7597 5970

Keith Anderson

Carlton Nelson

 

Peel Hunt - Joint Broker                                                                                               +44 (0) 20 7418 8900

Dan Webster

 

Instinctif Partners                                                                                                           +44 (0) 20 7457 2020

David Simonson

Mark Reed

George Yeomans

 

 

About Purplebricks

 

Purplebricks is the leading next generation estate agency in the UK that combines highly experienced and professional Local Property Experts 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.


This information is provided by RNS
The company news service from the London Stock Exchange
 
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