5 Mar 2018 13:56
5 March 2018
Purplebricks Group plc
("Purplebricks" or the "Company")
Exercise of options
Purplebricks Group plc (AIM: PURP), the hybrid estate agent providing a new way to buy, sell or let property, announces that options to subscribe for 1,099,822 ordinary shares of £0.01 each in the Company ("Ordinary Shares" and the "Options") have today been exercised by certain employees and LPE's under the Company's Employee and LPE share option plans.
Pursuant to the exercise of the Options, an application has been made to the London Stock Exchange for 1,099,822 new Ordinary Shares to be admitted to trading on AIM ("Admission"). It is expected that Admission will become effective on 9 March 2018.
The Company's issued ordinary share capital following Admission will be 274,065,232 Ordinary Shares.
The above figure may be used by shareholders as a denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, Purplebricks under the Transparency (Directive 2004/109/EC) Regulations 2007.
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
Ben Robertson
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 and
the US 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.