Purplebricks Group PLC Grant of options and PDMR notification (4304M)
08 January 2019 - 6:00PM
UK Regulatory
TIDMPURP
RNS Number : 4304M
Purplebricks Group PLC
08 January 2019
For immediate release 8 January 2019
Purplebricks Group plc
("Purplebricks" or the "Company"
Grant of options and PDMR notification
Purplebricks Group plc (AIM: PURP), the world's leading hybrid
estate agency, announces that on 7 January 2019 options to
subscribe for an aggregate 700,000 ordinary shares of GBP0.01p each
in the Company ("Ordinary Shares" and the "Options") were granted
to Vic Darvey, Global Chief Operating Officer, a person discharging
managerial responsibilities.
The Options have been granted under the Employee Share Option
Plan and have an exercise price of GBP1.65, being the closing price
of shares at 4 January 2019.
Other than the grant of the Options, neither Mr Darvey or his
connected persons have any beneficial interest in the Ordinary
Shares of the Company.
This announcement, including 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
Vic Darvey
--------------------------------------- --------------------------------------
2 Reason for the notification
-------------------------------------------------------------------------------
a) Position/status Global Chief Operating Officer
--------------------------------------- --------------------------------------
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 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 of the Ordinary Shares of GBP0.01 each
financial instrument,
type of instrument
Identification code ISIN: GB00BYV2MV74
b) Nature of the transaction Grant of options
--------------------------------------- --------------------------------------
c) Price(s) and volume(s)
----------------- ----------------
Price(s) Volume(s)
----------------- ----------------
GBP1.65 700,000
-------------------------------------------------------------- ----------------
d) Aggregated information
- Aggregated volume
700,000
- Price GBP1.65
e) Date of the transaction 7 January 2019
--------------------------------------- --------------------------------------
f) Place of the transaction Outside a trading venue
--------------------------------------- --------------------------------------
For further information, please contact:
Purplebricks
+44 (0) 20 7457 2020
James Davies (CFO and Company Secretary), Adam Kay (Head of
Investor Relations)
Zeus Capital (NOMAD)
+44 (0) 20 3829 5000
Nicholas How, Benjamin Robertson
Peel Hunt (Broker)
+44 (0) 20 7418 8900
Dan Webster, George Sellar
Investec Bank (Broker)
+44 (0) 20 7597 5970
Keith Anderson, Carlton Nelson
Instinctif Partners
+44 (0) 20 7457 2020
David Simonson, Mark Reed, George Yeomans
About Purplebricks
Purplebricks is the world's leading hybrid real estate agency.
Headquartered in the UK, it also operates in Australia, the US and
Canada, and is invested in Homeday.de, the leading hybrid agent in
Germany. Purplebricks combines highly experienced and professional
Local Property Experts (US: Local Real Estate Experts) and
innovative technology to help make the process of selling, buying
or letting more convenient, transparent and cost effective.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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