A nice profit banked in 10 days

According to a Stock Exchange (RNS) announcement on the 25th July,  Purplebricks Group plc  the hybrid estate agent was notified that on 22 July 2016, Joby Russell, Chief Marketing Officer, who is considered to be a person discharging managerial responsibilities, sold 243,618 ordinary shares of 1 pence each at a price of 140.00 pence per Ordinary Share.

Previously Joby Russell on the 12th July had  repectively  exercised options over  243,618 ordinary shares at a price of 12.93p, that is a profit of 127.07p per shares, an overall profit of £309,565.39.

Well that has to be “nice work if you can get it” £309,565.39 profit in 10 days.

 

Allen Walkey

Highly experienced businessman with a successful career in property sales and investment both in the UK and abroad. Now a freelance writer and blogger for the property and Investment Industry, keeping readers up-to-date with changes and events in a rapidly changing world.

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