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21 Oct 2016 16:15
21 August 2016
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Purplebricks Group plc
("Purplebricks" or the "Company")
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PDMR notification
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Purplebricks Group plc (AIM: PURP), the hybrid estate agent providing a new way to buy, sell or let property, has been notified that on 20 August 2016, David Kavanagh, Chief Technology Officer, who is considered to be a person discharging managerial responsibilities ("PDMR"), sold 69,500 ordinary shares of 1 pence each ("Ordinary Shares") at a price of 132.23 pence per Ordinary Share.
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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 | David Kavanagh | ||||
2 | Reason for the notification | |||||
a) | Position/status | Chief Technology Officer | ||||
b) Â | Initial notification /Amendment | Initial notification | ||||
3 Â | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Purplebricks Group plc | ||||
b) | LEI | (Pending) | ||||
4 Â | 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 1 pence each  ISIN: GB00BYV2MV74 | ||||
b) | Nature of the transaction | Sale of shares  | ||||
c) | Price(s) and volume(s) |
 | ||||
d) | Aggregated information - Aggregated volume - Price | N/A | ||||
e) | Date of the transaction | 20 August 2016 | ||||
f) | Place of the transaction | London Stock Exchange, AIM | ||||
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For further information, please contact:
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Purplebricks Group plc +44 (0) 20 7457 2020
Michael Bruce, Chief Executive
Neil Cartwright, Chief Financial Officer
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Zeus Capital Limited - Nominated Adviser and Joint Broker +44 (0) 20 3829 5000
Nicholas How (Corporate Finance)
Pippa Underwood (Corporate Finance)
Ben Robertson (Corporate Broking)
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Peel Hunt - Joint Broker +44 (0) 20 7418 8900
Dan Webster
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Instinctif Partners +44 (0) 20 7457 2020
David Simonson
Mark Reed
George Yeomans
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About Purplebricks
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Purplebricks is the leading next generation estate agency in the UK that combines highly experienced and professional Local Property Experts 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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