Purplebricks announce record level of valuations and instructions in January

Purplebricks Group PLC have today provided additional comment further to its announcement of 27 January 2017 in which they noted the recent strong increase in their share price, they confirmed at the time that they were not aware of any reason for the movement. 

In todays announcement the Board confirms that, as expected with the start to the calendar year, the Company has seen record monthly valuations and instructions activity in January.

As expectations are for trading to show year-on-year instruction growth, the record level of valuations and instructions in January is in line with such expectations.    

The Board reconfirms that the Company has had a good start to the calendar year and, with a number of key months ahead of us, its expectations for the financial year ending 30 April 2017 remain unchanged. 

Source of information AIM notification.

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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