Purplebricks Group PLC Exercise of Options and PDMR Notification (4343Z)
December 15 2017 - 2:00AM
UK Regulatory
TIDMPURP
RNS Number : 4343Z
Purplebricks Group PLC
15 December 2017
15 December 2017
Purplebricks Group plc
("Purplebricks" or the "Company")
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
options to subscribe for 1,117,347 ordinary shares of GBP0.01 each
in the Company ("Ordinary Shares" and the "Options") have been
exercised by certain employees. The Options exercised are a mix of
those granted both pre and post IPO with a range of exercise prices
between GBP0.01 and GBP1.29 per Ordinary Share.
Ryan Dinsdale, the CEO of Purplebricks Australia, who is
considered to be a person discharging managerial responsibilities,
on 13 December 2017 exercised options over 40,000 Ordinary Shares
at GBP1.29 each and subsequently sold 40,000 Ordinary Shares at
GBP3.65 each.
Pursuant to the exercise of the Options, an application has been
made to the London Stock Exchange for 1,117,347 new Ordinary Shares
to be admitted to trading on AIM ("Admission"). It is expected that
Admission will become effective on 19 December 2017.
The Company's issued ordinary share capital following Admission
will be 272,965,410 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.
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 Ryan Dinsdale
--- ------------------ -------------------------------------------
2 Reason for the notification
--- ---------------------------------------------------------------
a) Position/status CEO, Purplebricks Australia
--- ------------------ -------------------------------------------
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 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 Ordinary Shares of GBP0.01 each
of the financial
instrument, ISIN: GB00BYV2MV74
type of
instrument
Identification
code
--- ------------------ -------------------------------------------
b) Nature of Exercise of options and sale of
the transaction shares
--- ------------------ -------------------------------------------
c) Price(s) No. of Exercise No. of Sale price
and volume(s) options price shares
exercised sold
---------- -------- ------- ----------
40,000 GBP1.29 40,000 GBP3.65
--- ------------------ -------------------------------------------
d) Aggregated N/A
information
- Aggregated
volume
- Price
--- ------------------ -------------------------------------------
e) Date of 13 December 2017
the transaction
--- ------------------ -------------------------------------------
f) Place of London Stock Exchange, AIM
the transaction
--- ------------------ -------------------------------------------
For further information, please contact:
+44 (0) 20 7457
Purplebricks Group plc 2020
Michael Bruce, James Davies
Zeus Capital Limited (Nominated +44 (0) 20 3829
Adviser) 5000
Nicholas How, Benjamin Robertson
+44 (0) 20 7418
Peel Hunt (Joint Broker) 8900
Dan Webster, George Sellar
+44 (0) 20 7597
Investec Bank (Joint Broker) 5970
Keith Anderson, Carlton Nelson
+44 (0) 20 7457
Instinctif Partners 2020
David Simonson, Mark Reed, George
Yeomans
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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