Purplebricks share options exercised by staff and Local Property Experts – Property Industry Eye

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.

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