Purplebricks Group PLC Sale of shares, exercise of options and PDMR (7121U)
January 20 2017 - 4:00AM
UK Regulatory
TIDMPURP
RNS Number : 7121U
Purplebricks Group PLC
20 January 2017
20 January 2017
Purplebricks Group plc
("Purplebricks" or the "Company")
Sale of shares, 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, has been notified
that on 19 January 2017, Richard Jacques, Lettings Director, a
person discharging managerial responsibilities ("PDMR"), sold
35,000 ordinary shares of 1 pence each in the Company ("Ordinary
Shares").
The Company also announces that on 19 January 2017, options to
subscribe for 30,451 Ordinary Shares (the "Options") were exercised
by an employee. These options were granted prior to the Company's
IPO.
Pursuant to the exercise of the Options, an application has been
made to the London Stock Exchange for 30,451 new Ordinary Shares to
be admitted to trading on AIM ("Admission"). It is expected that
Admission will become effective on 25 January 2017.
The Company's issued ordinary share capital following Admission
will be 247,773,639 Ordinary Shares.
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. Richard Jacques
--- ------------------ ---------------------------------------
2 Reason for the notification
--- -----------------------------------------------------------
a) Position/status 1. Lettings Director
--- ------------------ ---------------------------------------
b) Initial Initial notification
notification
/Amendment
--- ------------------ ---------------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- -----------------------------------------------------------
a) Name Purplebricks Group plc
--- ------------------ ---------------------------------------
b) LEI (Pending)
--- ------------------ ---------------------------------------
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 Ordinary Shares of GBP0.01 each
of the financial
instrument, ISIN: GB00BYV2MV74
type of
instrument
Identification
code
--- ------------------ ---------------------------------------
b) Nature of 1. Sale of shares
the transaction
--- ------------------ ---------------------------------------
c) Price(s) Price No. of
and volume(s) shares
------------------- ---------------
1. GBP1.6025 1. 35,000
------------------- ---------------
--- ------------------ ---------------------------------------
d) Aggregated n/a
information
- Aggregated
volume
- Price
--- ------------------ ---------------------------------------
e) Date of 19 January 2017
the transaction
--- ------------------ ---------------------------------------
f) Place of London Stock Exchange, AIM
the transaction
--- ------------------ ---------------------------------------
For further information, please contact:
Purplebricks
Michael Bruce, Chief
Executive
Neil Cartwright, Chief
Financial Officer +44 (0) 20 7457 2020
Zeus Capital - Nominated
Adviser
Nicholas How (Corporate
Finance)
Pippa Underwood (Corporate
Finance)
Ben Robertson (Corporate
Broking) +44 (0) 20 3829 5000
Investec - Joint Broker
Keith Anderson
Carlton Nelson +44 (0) 20 7597 5970
Peel Hunt - Joint Broker
Dan Webster +44 (0) 20 7418 8900
Instinctif Partners
David Simonson
Mark Reed
George Yeomans +44 (0) 20 7457 2020
About Purplebricks
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.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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