The UK chief executive of Purplebricks, Lee Wainwright, has been granted an option to buy 100,000 shares in the firm.
The purchase would be at Friday’s closing price of £4.15p per share.
The news came in a procedural announcement to the London Stock Exchange yesterday; the options were granted under Purplebricks’ Employee Share Option Plan.
Meanwhile the three most senior management figures at Countrywide have each bought shares in the firm at market prices to demonstrate “their belief in the business and further demonstrates their commitment to leading the recovery” according to a stock exchange statement.
Executive chairman Peter Long has bought 200,000 shares at 79.8p each; he now holds 571,429 shares in Countrywide.
Chief financial officer Himanshu Raja has bought 100,000 shares at 88p, taking his holding to 344,841 shares.
Newly appointed group operations director Paul Creffield has bought 100,000 shares at 83p and now holds 454,742 shares.
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Why would you do that ?
for when the buy out comes!
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