Purplebricks Group PLC Exercise of Options & PDMR Notification (0818R)
December 06 2016 - 4:20AM
UK Regulatory
TIDMPURP
RNS Number : 0818R
Purplebricks Group PLC
06 December 2016
6 December 2016
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 297,757 ordinary shares of GBP0.01 each in
the Company ("Ordinary Shares" and the "Options") have yesterday
been exercised by certain employees. These options were granted
prior to the Company's IPO.
Richard Jacques, Lettings Director, and Joby Russell, Chief
Marketing Officer, Australia, who are each considered to be persons
discharging managerial responsibilities, have exercised 29,774
Options and 50,077 Options, respectively.
Pursuant to the exercise of the Options, an application has been
made to the London Stock Exchange for 297,757 new Ordinary Shares
to be admitted to trading on AIM ("Admission"). It is expected that
Admission will become effective on 9 December 2016.
The Company's issued ordinary share capital following Admission
will be 247,094,870 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. Joby Russell
3. Joby Russell
--- --------------------- --------------------------------------------
2 Reason for the notification
--- -------------------------------------------------------------------
a) Position/status 1. Lettings Director
2. Chief Marketing Officer, Australia
3. Chief Marketing Officer, Australia
--- --------------------- --------------------------------------------
b) Initial notification Initial 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 the Exercise of options
transaction
--- --------------------- --------------------------------------------
c) Price(s) and Price No. of shares
volume(s) ------------------- ----------------
1. GBP0.01 1. 29,774
2. GBP0.01 2. 9,474
3. GBP0.1293 3. 40,603
------------------- ----------------
--- --------------------- --------------------------------------------
d) Aggregated Volume: 79,851
information Weighted average price: GBP0.0707
- Aggregated
volume
- Price
--- --------------------- --------------------------------------------
e) Date of the 5 December 2016
transaction
--- --------------------- --------------------------------------------
f) Place of the London Stock Exchange, AIM
transaction
--- --------------------- --------------------------------------------
For further information, please contact:
Purplebricks +44 (0) 20 7457 2020
Michael Bruce, Chief Executive
Neil Cartwright, Chief Financial Officer
Zeus Capital - Nominated Adviser +44 (0) 20 3829 5000
Nicholas How (Corporate Finance)
Pippa Underwood (Corporate Finance)
Ben Robertson (Corporate Broking)
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 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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