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24 Dec 2018 07:00
24 December 2018
Purplebricks Group plc
("Purplebricks" or the "Company")
Purchase of shares and PDMR notification
Director/PDMR Dealing
Purplebricks Group plc (AIM: PURP), the hybrid estate agent providing a new way to buy, sell or let property, announces that the Company was notified that on 21 December 2018, each of Michael Bruce, Group Executive Officer, Kenny Bruce, Global Sales Director, Simon Downing, Non-Executive Director and Adrian Blair, Non-Executive Director purchased 368,775 ordinary shares of £0.01 each in the Company ("Ordinary Shares") as detailed in the table below, together with their resultant beneficial interest, including connected persons, in Ordinary Shares.
Director | Position | Number of Ordinary Shares acquired | Price paid per Ordinary Share (pence) | Total resultant beneficial interest in Ordinary Shares |
Michael Bruce | Group Executive Officer | 167,925 | 148p | 11.02% |
Kenny Bruce | Global Sales Director | 33,675 | 148p | 2.56% |
Simon Downing | Non-Executive Director | 133,500 | 148p | 0.04% |
Adrian Blair | Non-Executive Director | 33,675 | 148p | 0.01% |
The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | 1. Michael Bruce 2. Kenny Bruce 3. Simon Downing 4. Adrian Blair | ||||
2 | Reason for the notification | |||||
a) | Position/status | 1. Group Chief Executive Officer 2. Global Sales Director 3. Non-Executive Director 4. Non-Executive Director
| ||||
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 | Purchase of shares
| ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price |
368,775 Ordinary Shares
148p per Ordinary Share
| ||||
e) | Date of the transaction | 21 December 2018 | ||||
f) | Place of the transaction | London Stock Exchange, AIM | ||||
For further information, please contact:
Purplebricks +44 (0) 20 7457 2020
Michael Bruce, Chief Executive
James Davies, Chief Financial Officer
Zeus Capital - Nominated Adviser +44 (0) 20 3829 5000
Nicholas How (Corporate Finance)
Ben Robertson (Corporate Broking)
Investec - Joint Broker +44 (0) 20 7597 5970
Keith Anderson
Carlton Nelson
Peel Hunt - Joint Broker +44 (0) 20 7418 8900
Dan Webster
Instinctif Partners +44 (0) 20 7457 2020
David Simonson
Mark Reed
George Yeomans
About Purplebricks
Purplebricks is the leading next generation estate agency in the UK with operations in Australia, the US and Canada that combines highly experienced and professional Local Property Experts (Local Real Estate Experts in the US) and an innovative use of technology to help make the process of selling, buying or letting so much more convenient, transparent and cost effective. Purplebricks is transforming the way people perceive estate agents and estate agency.
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