Director/PDMR Shareholding

Purplebricks

04/11/2022 07:00

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RNS Number : 2894F  Purplebricks Group PLC  04 November 2022

4 November 2022

Purplebricks Group plc

(the "Company")

  Director/PDMR Shareholding

Purplebricks Group plc (AIM: PURP), a leading UK estate agency
business, announces that on 3 November 2022, Dominique Highfield, Chief
Financial Officer, has been granted an award over 1,000,000 ordinary shares of
£0.01 each in the Company ("Award") under the Purplebricks Performance Share
Plan.

The Award has an exercise price of £0.01 per share and may become exercisable
subject to continued employment and performance based on two performance
measures relating to the Company's relative and absolute total shareholder
return over a three year performance period. The performance period begins on
15 August 2022 in order to align measurement of performance with the award
granted to the Chief Executive Officer in August 2022.

In addition, the Award is also subject to an underpin condition, requiring the
Remuneration Committee to be satisfied as to overall Company performance and
other success markers including customer satisfaction before confirming any
vesting under the formulaic performance conditions.

The information set out below is provided in accordance with the requirements
of Article 19(3) of the EU Market Abuse Regulation No 596/2014 (as it forms
part of domestic law by virtue of the European Union (Withdrawal) Act 2018).

 1    Details of the person discharging managerial responsibilities/person closely
      associated
 a)   Name                                                          Dominique Highfield

 2    Reason for the notification
 a)   Position/status                                               Chief Financial Officer

 b)   Initial notification /Amendment                               Initial notification

 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 financial instrument, type of instrument   Ordinary Shares of £0.01 each

      Identification code                                           ISIN: GB00BYV2MV74

 b)   Nature of the transaction                                     Award granted pursuant to the Purplebricks Performance Share Plan

 c)   Price(s) and volume(s)                                        Price(s)                             Volume(s)

       nil                                                                                              1,000,000

 d)   Aggregated information

      - Aggregated volume                                           N/A

      - Price                                                       N/A

 e)   Date of the transaction                                       3 November 2022

 f)   Place of the transaction                                     Outside a trading venue

 

For further information, please contact:

Purplebricks

Helena Marston, Chief Executive Officer

Peter Hewer, Director of Corporate Affairs

Fiona O'Nolan, Equitory, Investor Relations    investors@purplebricks.com
(mailto:investors@purplebricks.com)

 
 
 

Zeus (Nominated Adviser and Broker)

Jamie Peel, Andrew Jones, James Hornigold (Investment Banking)
  + 44 (0)20 3829 5000

Ben Robertson (Corporate Broking)

 

MHP Communications

Alan Tovey
 
             +44 (0)7833 437044

 

About Purplebricks

Purplebricks is a leading technology-led estate agency business, based in the
UK. Purplebricks combines highly experienced and professional Local Property
Partners and innovative technology to help make the process of selling,
buying or letting more convenient, transparent and cost effective.
Purplebricks shares are traded on the London Stock Exchange AIM market.

 

 

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