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Purplebricks Group (PURP)

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Monday 24 December, 2018

Purplebricks Group

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                                                                                                                      +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)

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 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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