TIDMPURP

RNS Number : 2947R

Purplebricks Group PLC

29 June 2020

Purplebricks Group plc

("Purplebricks", the "Company")

Board Change

Purplebricks Group plc (AIM: PURP), the UK's leading hybrid estate agency, announces that Dr Andreas Wiele, Non-Executive Director of the Company, stepped down from the Board on 25 June 2020 with immediate effect following his recent departure from Axel Springer.

Following the strategic investment from Axel Springer in 2018, Dr Wiele joined the Board in March of that year as its representative. A replacement Axel Springer non-executive director will be announced in due course.

Paul Pindar, Chairman of Purplebricks, commented:

"On behalf of the Board I would like to thank Andreas for his expertise and continued support of our innovative business model during his time on the Purplebricks Board. We wish him the very best for his future endeavours."

Enquiries

 
 Purplebricks                                 +44 (0)20 7466 5000 
 Vic Darvey, CEO 
 Andy Botha, CFO 
 
 Zeus Capital (NOMAD)                         + 44 (0)20 3829 5000 
 Daniel Harris, Nick Cowles 
 
 Citi                                         +44 (0) 207 986 4000 
 Stuart Field, Robert Farrington 
 
 Peel Hunt                                    +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 estate agency business. 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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June 29, 2020 02:00 ET (06:00 GMT)

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