Director/PDMR Shareholding

RNS Number : 2476W

Purplebricks Group PLC

17 August 2020

 

Purplebricks Group plc

("Purplebricks" or the "Company")

Director/PDMR Shareholding

Purplebricks Group plc (AIM: PURP), a leading UK estate agency business, announces that on 14 August 2020 the following awards over ordinary shares of one penny each in the Company were granted under the Purplebricks Performance Share Plan to the following persons discharging managerial responsibilities:

Director/ PDMR	Position	No. of shares under award
Vic Darvey	Chief Executive Officer	2,500,000
Andy Botha	Chief Financial Officer	1,700,000

The awards have an exercise price of one penny per share and become exercisable subject to continued employment and performance based on the Company's relative total shareholder return and EBITDA over a three year performance period.

The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail:

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	1.  Vic Darvey 2.  Andy Botha
2	Reason for the notification
a)	Position/status	1.  Chief Executive Officer 2.  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)
		1. nil 2. nil	1. 2,500,000 2. 1,700,000
d)	Aggregated information - Aggregated volume - Price	4,200,000 £nil
e)	Date of the transaction	14 August 2020
f)	Place of the transaction	Outside a trading venue

For further information, please contact:  

Enquiries

Purplebricks	[phone]
Vic Darvey, Chief Executive Officer	[e-mail]
Andy Botha, Chief Financial Officer
Zeus Capital (NOMAD)	+ 44 (0)20 3829 5000
Daniel Harris, Nick Cowles
Citi	[phone]
Stuart Field, Robert Farrington
Peel Hunt	[phone]
Dan Webster, George Sellar
Buchanan	[phone]
David Rydell, Jamie Hooper, Kim van Beeck

 

END

 

 

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