TIDMPURP

RNS Number : 2476W

Purplebricks Group PLC

17 August 2020

Purplebricks Group plc

("Purplebricks" or the "Company")

Director/PDMR Shareholding

Purplebricks Group plc (AIM: PURP), a leading UK estate agency business, announces that on 14 August 2020 the following awards over ordinary shares of one penny each in the Company were granted under the Purplebricks Performance Share Plan to the following persons discharging managerial responsibilities:

 
 Director/ PDMR            Position               No. of shares 
                                                   under award 
 
 Vic Darvey        Chief Executive Officer        2,500,000 
                  -------------------------  ------------------ 
 Andy Botha        Chief Financial Officer        1,700,000 
                  -------------------------  ------------------

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 over a three year performance period.

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                                          1. Vic Darvey 
                                                   2. Andy Botha 
2   Reason for the notification 
a)  Position/status                               1. Chief Executive Officer 
                                                   2. 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,       Ordinary Shares of GBP0.01 each 
    type of instrument                              ISIN: GB00BYV2MV74 
    Identification code 
b)  Nature of the transaction                     Awards granted pursuant to the Purplebricks Performance Share Plan 
c)  Price(s) and volume(s)                         Price(s)                         Volume(s) 
                                                  1. GBPnil                       1. 2,500,000 
                                                   2. GBPnil                       2. 1,700,000 
d)  Aggregated information 
 
     - Aggregated volume                            4,200,000 
 
     - Price                                        GBPnil 
e)  Date of the transaction                       14 August 2020 
f)  Place of the transaction                      Outside a trading venue

For further information, please contact:

Enquiries

 
 Purplebricks                                 +44 (0)20 7466 5000 
 Vic Darvey, Chief Executive Officer          investors@purplebricks.com 
 Andy Botha, Chief Financial Officer 
 
 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

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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August 17, 2020 02:00 ET (06:00 GMT)

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