REG - Purplebricks Group - Share Awards and PDMR notification

PurplebricksAnnouncement

26/07/2019 07:05

RNS Number : 7820G
Purplebricks Group PLC
26 July 2019
 


 
Purplebricks Group plc
("Purplebricks" or the "Company")
Share Awards and PDMR notification
 
Purplebricks Group plc (AIM: PURP), a leading hybrid real estate agency, announces that on 25 July 2019 the following awards over ordinary shares of £0.01 each in the Company were granted under the Purplebricks Performance Share Plan to the following persons discharging managerial responsibilities:




PDMR


Position


No. of shares under award




Vic Darvey


Chief Executive Officer


1,050,000




James Davies


Chief Financial Officer


500,000




The awards have an exercise price of one penny per share and become exercisable subject to continued employment and performance based on the Company's relative total shareholder return and EBITDA.
Other than the grant of the awards and previously granted share Options as previously disclosed, neither Mr Darvey nor Mr Davies or their connected persons, have any beneficial interest in the Ordinary Shares of the Company.
The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail:




1
 


Details of the person discharging managerial responsibilities / person closely associated
 




a)
 


Name
 
 


 
 Vic Darvey
 
James Davies
 




2
 


Reason for the notification
 




a)
 


Position/status
 
 


Chief Executive Officer
 
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
 
 


Grant of performance share plan award
 




c)
 


Price(s) and volume(s)


 


 


 


 




 


 


Price(s)


Volume(s)


 




 


 


£0.01


1,050,000


 




 


 


£0.01


500,000


 




 


 


 


 


 




d)
 


Aggregated information


 




 


 




- Aggregated volume


 




 


1,550,000
 




- Price


£0.01




 


 




e)
 


Date of the transaction
 
 


25 July 2019




f)
 


Place of the transaction
 
 


Outside a trading venue




 
For further information, please contact:
 




Purplebricks


+44 (0)20 7466 5000




Vic Darvey, CEO


 




James Davies, CFO


 




Adam Kay, Head of Investor Relations


 




 


 




Zeus Capital (NOMAD)


+44 (0)161 831 1512




Nick Cowles, Jamie Peel


 




 


 




Citi (Co-broker)


+44 (0)20 7986 4000




Stuart Field, Robert Farrington


 




 


 




Peel Hunt (Co-broker)


+44 (0)20 7418 8900




Dan Webster, George Sellar


 




 


 




Buchanan


+44 (0)20 7466 5000




David Rydell, Jamie Hooper, Kim van Beeck


 




 
 
About Purplebricks
Purplebricks is a leading hybrid real estate agency. Based in the UK, it also operates in Canada and is invested in Homeday.de in Germany. 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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