Directors/PDMR Shareholding

Purplebricks

16/08/2022 07:45

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RNS Number : 1554W  Purplebricks Group PLC  16 August 2022

16 August 2022

 

Purplebricks Group plc

(the "Company")

 Directors/PDMR Shareholding

Purplebricks Group plc (AIM: PURP), a leading UK estate agency business,
announces that on 15 August 2022, the following awards over ordinary shares of
£0.01 each in the Company ("Awards") were granted under the Purplebricks
Performance Share Plan to the following persons discharging managerial
responsibilities:

·        800,000 Awards to Helena Marston, Chief Executive officer;
and

·        650,000 Awards to Stephen Long, Chief Financial Officer

The Awards have an exercise price of £0.01 per share and 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. In addition, each 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                                                          Helena Marston

 2    Reason for the notification
 a)   Position/status                                               Chief Executive 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                                     Awards granted pursuant to the Purplebricks Performance Share Plan

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

       £nil                                                                                              800,000

 d)   Aggregated information

      - Aggregated volume                                           N/A

      - Price                                                       N/A

 e)   Date of the transaction                                       15 August 2022

 f)   Place of the transaction                                     Outside a trading venue

 

 

 1    Details of the person discharging managerial responsibilities/person closely
      associated
 a)   Name                                                          Stephen Long

 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                                     Awards granted pursuant to the Purplebricks Performance Share Plan

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

       £nil                                                                                              650,000

 d)   Aggregated information

      - Aggregated volume                                          N/A

      - Price                                                      N/A

 e)   Date of the transaction                                       15 August 2022

 f)   Place of the transaction                                      Outside a trading venue

 

-  Ends -

Enquiries

Purplebricks

Helena Marston, Chief Executive Officer

Steve Long, Chief Financial
Officer

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

+44 (0)7710 440158 (mailto:investors@purplebricks.com)

 

Zeus (Nominated Adviser & Broker)

Daniel Harris, James Hornigold (Investment Banking)      +44 (0)20 3829
5000

Ben Robertson (Corporate Broking)

 

MHP Communications

Peter Hewer
 
+44 (0)7709 326261

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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