PURP.L Regulatory News (PURP)

21 July 2022 

Purplebricks Group plc

("Purplebricks" or the "Company") 

Directorate change

Purplebricks, the UK's leading tech-led estate agency, is pleased to announce that Ait Voncke is to join the Purplebricks Board as a Non-Executive Director with immediate effect. Ait is the Axel Springer board representative and replaces Dr Stephanie Caspar, who steps down from the Board with immediate effect.

Ait joined AVIV Group, which comprises Axel Springer's online classifieds offering for real estate, as CEO in January 2021. Prior to AVIV, Ait served as Senior Vice President and General Manager at Expedia Group after being a part of the founding team of Groupon in Europe. Ait began his career at Accenture where he spent over a decade advising technology companies globally and latterly founding the Internet, Media and Technology team for Accenture in Austria.

Paul Pindar, Chairman, commented:

"I would like to welcome Ait to the board of Purplebricks. Ait's background and experience in the real estate sector will bring additional strategic insights and contributions to the Company. I would also like to thank Stephanie for her service over the last 2 years on the Purplebricks board".

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

Ait Voncke (aged 47) holds or has held the following directorships or partnerships in the past five years:

*Director of the voluntary supervisory board

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.

For further information, please contact

Purplebricks

Helena Marston, Chief Executive Officer

Steve Long, Chief Financial Officer

Fiona O'Nolan, Equitory, Investor Relations investors@purplebricks.com

+44 (0)7710 440158

Zeus (NOMAD)

Daniel Harris, James Hornigold (Investment Banking) + 44 (0)20 3829 5000

Ben Robertson (Corporate Broking)

MHP Communications

Peter Hewer +44 (0)7709 326261

Alan Tovey +44 (0)7833 437044

About Purplebricks

Purplebricks is a leading technology-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.