Purplebricks Group PLC Share Dealing and PDMR Notification (0863K)
04 July 2017 - 9:44PM
UK Regulatory
TIDMPURP
RNS Number : 0863K
Purplebricks Group PLC
04 July 2017
4 July 2017
Purplebricks Group plc
("Purplebricks" or the "Company")
Exercise of options and sale of shares
And
PDMR notification
Purplebricks Group plc (AIM: PURP), the hybrid estate agent
providing a new way to buy, sell or let property, announces that,
on 3 July 2017, options to subscribe for 961,762 ordinary shares of
GBP0.01 each in the Company ("Ordinary Shares" and the "Options")
have today been exercised by certain employees and LPEs.
These Options were granted to employees variously under the
Purplebricks Enterprise Management Incentive Scheme, Purplebricks
Employee Share Option Plan, CSOP Approved and CSOP Unapproved
schemes and to LPEs under the LSOP scheme.
Certain PDMRs, included in the employees referred to above,
exercised Options and subsequently sold a number of the resultant
Ordinary Shares, as detailed in the table below.
Pursuant to the exercise of the Options, an application will
shortly be made to the London Stock Exchange for 961,762 new
Ordinary Shares to be admitted to trading on AIM ("Admission"). It
is expected that Admission will become effective on 10 July
2017.
The Company's issued ordinary share capital following Admission
will be 271,554,027 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. Joby Russell
2. Paul Vickerstaff
3. David Shepherd
4. Matthew Farrow
5. Richard Jacques
6. David Kavanagh
--- ------------------ -------------------------------------------------------------
2 Reason for the notification
--- ---------------------------------------------------------------------------------
a) Position/status 1. Chief Marketing Officer, Australia
2. UK Sales Director
3. Chief Information Officer
4. Finance Director
5. Lettings Director
6. 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 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,
type of
instrument ISIN: GB00BYV2MV74
Identification
code
--- ------------------ -------------------------------------------------------------
b) Nature of Exercise of options and sale of
the transaction shares
--- ------------------ -------------------------------------------------------------
c) Price(s) Exercise No. of Sale price No. of
and volume(s) price Options Ordinary
Shares
sold
-------------- ----------- ---------------- -----------
1. GBP0.1293 1. 30,000 1. GBP4.40 1. 30,000
2. GBP0.1293 2. 20,301 2. GBP4.40 2. 20,301
3. GBP0.01 3. 33,836 3. n/a 3. n/a
4. GBP0.01 4. 86,538 4. n/a 4. n/a
5. GBP0.01 5. 59,550 5. n/a 5. n/a
6. GBP0.01 6. 40,604 6. n/a 6. n/a
-------------- ----------- ---------------- -----------
--- ------------------ -------------------------------------------------------------
d) Aggregated
information
- Aggregated Exercise of options: 270,829
volume Sale of shares: 50,301
- Price Sale price GBP4.40
--- ------------------ -------------------------------------------------------------
e) Date of 3 July 2017
the transaction
--- ------------------ -------------------------------------------------------------
f) Place of London Stock Exchange, AIM
the transaction
--- ------------------ -------------------------------------------------------------
For further information, please contact:
Purplebricks Group plc +44 (0) 20 7457 2020
James Davies, Chief Financial Officer
Zeus Capital Limited - Nominated Adviser +44 (0) 20 3829
5000
Nicholas How (Corporate Finance)
Pippa Underwood (Corporate Finance)
Ben Robertson (Corporate Broking)
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
MSCSSDFFLFWSELW
(END) Dow Jones Newswires
July 04, 2017 07:44 ET (11:44 GMT)
Purplebricks (LSE:PURP)
Historical Stock Chart
From Apr 2024 to May 2024
Purplebricks (LSE:PURP)
Historical Stock Chart
From May 2023 to May 2024