17 Aug 2020 07:00
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 | +44 (0)20 7466 5000 |
Vic Darvey, Chief Executive Officer | investors@purplebricks.com |
Andy Botha, Chief Financial Officer | |
Zeus Capital (NOMAD) | + 44 (0)20 3829 5000 |
Daniel Harris, Nick Cowles | |
Citi | +44 (0) 207 986 4000 |
Stuart Field, Robert Farrington | |
Peel Hunt | +44 (0)20 7418 8900 |
Dan Webster, George Sellar | |
Buchanan | +44 (0)20 7466 5000 |
David Rydell, Jamie Hooper, Kim van Beeck |