PURP.L Regulatory News (PURP)

28 July 2020

Purplebricks Group plc

("Purplebricks" or the "Company")

Board Appointment

Purplebricks, the UK's leading hybrid estate agency, is pleased to announce that Dr Stephanie Caspar is to join the Purplebricks Board as a Non-Executive Director with immediate effect. Stephanie is the Axel Springer board representative and replaces Dr Andreas Wiele, who stepped down in June 2020.

Stephanie joined Axel Springer in 2013. While she initially served as Managing Director of WELT Group, her responsibilities expanded over the course of the following years. In March 2018 Stephanie was appointed member of the Executive Board at Axel Springer. In her capacity as President, National News Media & Marketplaces she is responsible for Axel Springer's company-wide technology and data strategy as well as Axel Springer's media brands in Germany (BILD / WELT etc.), including advertising sales, distribution and printing business. 

She also has assumed presidency at board level for idealo and the AVIV Group. The AVIV Group is one of the world's biggest digital classified players, combining Axel Springer's digital activities and participations in real estate, car and generalist classifieds. 

Stephanie studied business administration at the University of Lüneburg. She began her career as a business consultant at McKinsey, followed by various roles at ebay, Director of Strategy among others, and an engagement at Immobilienscout24 as member of the Managing Board. In 2009, she founded digital retailer Mirapodo together with the Otto Group and acted as the company's CEO.

Paul Pindar, Chairman of Purplebricks, commented:"On behalf of the Board I would like to welcome Stephanie to the Company and look forward to working with her as we take the business forward.  Her experience in technology, data and advertising will be a great addition to Purplebricks." 

The following information is disclosed in accordance with Rule 17 and paragraph (g) of Schedule 2 of the AIM Rules for Companies:

Dr Stephanie Caspar (aged 46) holds or has held the following directorships or partnerships in the past five years

There is no further information required to be disclosed under Rule 17 or paragraph (g) of Schedule 2 of the AIM Rules for Companies.

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About Purplebricks

Purplebricks is the UK's leading hybrid real estate agency. Purplebricks combines highly experienced and professional Local Property Experts with 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.