The Daily Mail is reporting that the finance chief at much-discussed hybrid agency Purplebricks has purchased shares that are now worth around £2.8m - yet he paid less than £20,000 thanks to a perk in his salary package.
The newspaper reports that Purplebricks’ chief financial officer Neil Cartwright bought 1.9m shares for 1p each - a fraction of the current share price. “It means the 48-year-old paid £19,400 for a holding worth £2.8m” says the Mail.
It also reveals that Isabel Bruce, a human resources administrator and wife of the chief executive Michael Bruce, paid £426 for shares now worth around £60,500.
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Just watch then.
wonder if every member of staff was offered this discount?
Just another way of shoring up an iffy company Matt.
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