13 Aug 2015 17:29
13 August 2015
Zoopla Property Group Plc
("ZPG" or the "Group")
Notification of Transactions of Persons Discharging Managerial Responsibility ("PDMRs") Interests and their connected persons in accordance with DTR 3.1.4
Further to yesterday's trading statement, ZPG announces that it has been advised by Alex Chesterman that he has sold 4,250,000 ordinary shares in the Group to settle personal tax and other liabilities, representing approximately 1.02 per cent of the issued share capital of ZPG. The ordinary shares were sold on 13 August 2015 on the London Stock Exchange at a price of 257 pence per share.
Following the sale, Alex continues to hold 12,764,453 ordinary shares in the Group as well as 3627 ordinary shares by way of the ZPG share incentive plan, representing a total of approximately 3.05 per cent of the issued share capital of ZPG. Alex's holding will be subject to a lock-up which will be released after the close of trading on the second anniversary of the Group's admission to trading on the London Stock Exchange (23 June 2016).
Enquiries:
Zoopla Property Group Plc
Ned Staple
+44 (0) 207 620 4747
General Counsel and Company Secretary