12 Mar 2018 07:00
12 March 2018
Purplebricks Group plc
("Purplebricks" or the "Company")
Re. grant and exercise of options
And
PDMR notification
Purplebricks Group plc (AIM: PURP), the hybrid estate agent providing a new way to buy, sell or let property, announces that on 5 March 2018 options to subscribe for 100,000 ordinary shares of £0.01 each in the Company ("Ordinary Shares" and the "Options") were granted to Lee Wainwright, UK CEO, Purplebricks. The Options were granted under the Company's Employee Share Option Plan and have an exercise price of £4.15, being the closing price for the Ordinary Shares as at 2 March 2018.
The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.
Also, further to its notification of 5 March 2018 relating to the exercise of 1,099,822 options over Ordinary Shares by certain employees and LPEs under the Company's Employee and LPE share option plans, Purplebricks updates that Admission of the new Ordinary Shares is now expected to become effective on 15 March 2018. All other details remain unchanged from the notification of 5 March 2018.
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 | Lee Wainwright
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2 | Reason for the notification | |||||
a) | Position/status | UK CEO, Purplebricks
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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 | Grant of options
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c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price | N/A | ||||
e) | Date of the transaction | 5 March 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
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.