RCS - Lecram Holdings Ltd - Requisition of GM for Purplebricks Group PLC

RightmoveAnnouncement

09/11/2022 08:15

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RNS Number : 7449F  Lecram Holdings Ltd  09 November 2022

For immediate release: 9 November 2022

Lecram requisitions General Meeting to remove Paul Pindar as Chairman of
Purplebricks and appoint property industry expert Harry Hill

Lecram Holdings Limited ("Lecram"), beneficial owner of a 5.16% stake in
Purplebricks Group PLC ("Purplebricks" or the "Company"),  has written to the
Board of the Company to requisition a General Meeting (GM) where it will
propose that Paul Pindar, Chairman of Purplebricks, is removed and Harry Hill,
founder of the Countrywide estate agency chain and residential property
listings group Rightmove, is appointed to the Board.

Under the Companies Act 2006, Purplebricks has three weeks to respond to the
letter, which was sent yesterday (8 November 2022), and has to hold the GM
within a further two to four weeks.

A full copy of the letter to shareholders can be found at
http://www.lecramholdings.com/ (http://www.lecramholdings.com/)

For further information contact:

The Nisse Consultancy

Jason Nisse 07769 688618

Andrew Garfield 07974 982337

About Harry Hill:

Considered by many as the original prop-tech pioneer, during his 20-year
tenure as CEO of Countrywide Harry Hill built the company into the world's
largest group of estate agents offering integrated property services,
eventually selling the business to US private equity firm Apollo for £1bn in
2007. In 2000, while at the helm of Countrywide, he led the formation of
Rightmove and served as the company's Chairman until 2008.

Since then Mr Hill has held numerous non-executive roles at both public and
private companies, including Hunters plc, Learning Technologies Group and
Lavanda.

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