Purplebricks Group PLC PDMR notification (2106N)
22 October 2016 - 2:15AM
UK Regulatory
TIDMPURP
RNS Number : 2106N
Purplebricks Group PLC
21 October 2016
21 August 2016
Purplebricks Group plc
("Purplebricks" or the "Company")
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 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.
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) 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 1 pence each
of the financial
instrument, ISIN: GB00BYV2MV74
type of
instrument
Identification
code
--- -------------------------- --------------------------------------------
b) Nature of Sale of shares
the transaction
--- -------------------------- --------------------------------------------
c) Price(s) Price No. of
and volume(s) shares
-------- --------
132.23
pence 69,500
-------- --------
--- -------------------------- --------------------------------------------
d) Aggregated N/A
information
- Aggregated
volume
- Price
--- -------------------------- --------------------------------------------
e) Date of 20 August 2016
the transaction
--- -------------------------- --------------------------------------------
f) Place of London Stock Exchange, AIM
the transaction
--- -------------------------- --------------------------------------------
For further information, please contact:
Purplebricks Group plc +44 (0) 20 7457 2020
Michael Bruce, Chief Executive
Neil Cartwright, Chief Financial Officer
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)
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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