Purplebricks Group plc (LON: PURP), a leading hybrid real estate agency, announced today 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.
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.