Confirmation of director appointment

RNS Number : 7923I

Purplebricks Group PLC

20 April 2022

 

20 April 2022

Purplebricks Group plc

("Purplebricks", the "Company" or the "Group")

Confirmation of director appointment

Further to the announcement on 4 April 2022, the Company announces that Helena Marston commences her appointment to the Board of Purplebricks as Chief Executive Officer today following the completion of all required due diligence checks as required by the AIM Rules.

For the purposes of Schedule 2(g) of the AIM Rules for Companies, the following disclosures are made:

-  Helena Marie Marston (nee Epplestone, nee Carr), aged 39, does not currently hold any directorships or partnerships, nor has she held any directorships or partnerships within the past five years.

-  Helena Marston holds options over 1,983,282 ordinary shares of 1p each in the Company under the Purplebricks Performance Share Plan at an exercise price of 1p per share.
 

-  Helena Marston voluntarily declared herself bankrupt in September 2014 owing approximately £103,000 to creditors. This was discharged in September 2015.

Save as disclosed above, there are no further disclosures to be made in accordance with Rule 17 or Schedule 2(g) of the AIM Rules for Companies.

Paul Pindar, Chairman of Purplebricks, commented:
 

"I am delighted to welcome Helena to the Board as Chief Executive and  I have every confidence that she is the right person to lead the Company. She has already shown great leadership and character during her two-year tenure and I look forward to working with her to deliver our growth plans."

For further information, please contact

Purplebricks  

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

  [phone]

Zeus (Nominated Adviser) 

Daniel Harris, James Hornigold                                                        [phone]

Engine MHP

Peter Hewer, Alan Tovey                                                                    [phone]

About Purplebricks

Purplebricks is a leading tech-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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