Purplebricks has announced that some of its staff and Local Property Experts have exercised share options.
Altogether 322,938 share options were exercised yesterday.
Purplebricks also announced that 940,500 new options have been granted to certain employees and Local Property Experts.
The options have been granted under the respective option plans at 469p, which was the closing price for the ordinary shares as at September 4.
Yesterday, Purplebricks’ shares had a volatile day on the market.
They went from 440p to 407p, but recovered slightly to finish the day at 417p, or 5.6% down.
Take your money while you can ladies and gentlemen, many of the senior team already have…
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-3.05% ( -12.75) http://www.londonstockexchange.com/exchange/prices-and-markets/stocks/summary/company-summary/GB00BYV2MV74GBGBXAMSM.html
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21 points down on the day (4.9%)
It’s as if investors are looking at this model and coming to the conclusion that without substantive proof of the 88% listings to completions statement made by Michael Bruce CEO of Purplebricks on BBC Moneybox on the 21st of October* but who has consistently refused to corroborate or substantiate that claim since, are taking a view, and that view is not a positive one.
* http://www.bbc.co.uk/news/business-37677444
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Purple Brick was a threat to us but not any more
The biggest threat or the Elephant In the Room is Open Rent, am surprised no one is talking about it
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Openrent have been trading since 2011 and still recording a loss in last years accounts of £1000000+. Again relying on generosity of their shareholders/investors to keep them going
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Taxi!
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Taaaxi….. Taaaaxxxii!!!
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