REG - Purplebricks Group - Directorate Change

PurplebricksAnnouncement

14/10/2021 07:05

RNS Number : 0137P
  
Purplebricks Group PLC
  
14 October 2021
  
 

14 October 2021



Purplebricks Group plc
 
("Purplebricks" or the "Company")
 
Directorate Change
 
Purplebricks (AIM: PURP), the UK's leading tech-led estate agent, today announces that Chief Financial Officer, Andy Botha, has stepped down from his role and the Board, effective from 31 October 2021. The Company is pleased to announce that Steve Long will be joining Purplebricks as Chief Financial Officer in Q1 2022. 
 
The Board would like to thank Andy for his valuable contributions to the Company, particularly for his work during a period of organisation transformation against the challenging backdrop of the Covid-19 pandemic. 
 
Steve joins from esure Group, the provider of market leading personal lines Motor and Home insurance, where he is currently Finance Director, Strategy & Transformation, responsible for the development, financial management and execution of the Group's strategic plans and transformation programme.  He was Interim Chief Financial Officer from January 2018 to March 2020, during which he oversaw the public to private sale of esure and the transition to private equity ownership. He qualified as a chartered accountant with KPMG before joining esure in 2012, where he has held a number of senior financial positions and played a leading role in the growth and strategic development of the business, including its IPO and corporate actions. Steve is a commercially focused CFO, with strong experience in strategic planning, execution and effective delivery of all aspects of the financial management of a business.
 
Paul Pindar, Chairman of Purplebricks, commented:  
"On behalf of the Board I would like to thank Andy for his hard work and dedication during his tenure at Purplebricks. We wish him the very best with his future endeavours. I am delighted to welcome Steve to the Company as Chief Financial Officer. Steve brings strong commercial, financial and strategic experience and a strong track record in delivering growth in a customer facing, technology-focused business. I look forward to working with him and the executive leadership team as we continue to deliver on Purplebricks' growth strategy."
 
 
 
For further information, please contact



Purplebricks


+44 (0)20 7466 5000




Fiona O'Nolan, Equitory, Investor Relations


investors@purplebricks.com














Zeus Capital (NOMAD)


+ 44 (0)20 3829 5000




Daniel Harris, Nick Cowles
 


















Buchanan


+44 (0)20 7466 5000




David Rydell, Jamie Hooper, Hannah Ratcliff

















 
 
In accordance with Schedule 2(g) of the AIM Rules, Stephen Anthony Long (aged 36) holds or has held in the past five years the following directorships and partnerships:



Current


Last 5 years




-


Esure Group plc








Esure Property Limited 








Esure Services Limited








Esure Insurance Limited








Esure Broker Limited








Esure Finance Limited








Esure Holdings Limited








Esure Property Management Limited 



 
Mr Long does not hold any ordinary shares in the Company.
Save as disclosed above, there are no additional disclosures to be made in accordance with Rule 17 or Schedule Two paragraph (g) of the AIM Rules for Companies.
 
About Purplebricks
Purplebricks is a leading technology-led estate agency business, based in the UK. Purplebricks combines highly experienced and professional local property experts 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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