Purplebricks shareholders overwhelmingly back £1 takeover by Strike

2nd Jun 2023 13:24

(Sharecast News) - Purplebricks shareholders have voted in favour of a £1 takeover by rival strike.

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Lecram withdraws takeover offer for Purplebricks

31st May 2023 10:03

(Sharecast News) - Beleaguered estate agent Purplebricks said on Wednesday that shareholder Lecram Holdings has withdrawn its takeover proposal for the group.

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Online estate agent Strike to buy rival Purplebricks for £1

17th May 2023 10:19

(Sharecast News) - Beleaguered online estate agent Purplebricks said on Wednesday that it has agreed to be bought by rival Strike for just £1.

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Strike not planning to bid for Purplebricks, shares crash

11th May 2023 09:18

(Sharecast News) - Estate agent Purplebricks tumbled again on Thursday after rival Strike said it was not planning to make an offer for the company but remains in talks about a potential purchase of the business and assets.

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Purplebricks no longer likely to generate cash in FY24, shares tumble

9th May 2023 08:22

(Sharecast News) - Purplebricks tanked on Tuesday after the estate agent said it no longer expects a return to cash generation in early FY24 and warned that any potential sale of the business would be expected to deliver returns to shareholders "materially below" the current share price.

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Purplebricks sale process 'ongoing', Strike offer deadline extended

12th Apr 2023 15:54

(Sharecast News) - Real estate agency Purplebricks said on Wednesday that its formal sales process had progressed into "a more targeted phase of detailed diligence and discussions".

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Purplebricks in talks with rival Strike over potential sale

15th Mar 2023 09:54

(Sharecast News) - Purplebricks said on Wednesday that it has been in talks with rival Strike about possible participation in the formal sale process announced earlier this month.

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Purplebricks launches formal sale process

1st Mar 2023 07:14

(Sharecast News) - Online estate agency Purplebricks said on Wednesday that it was launching a formal sale process after receiving several approaches for the business.

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Purplebricks considers putting itself up for sale, cuts guidance

17th Feb 2023 07:57

(Sharecast News) - Purplebricks downgraded its full-year expectations on Friday as it pointed to disruption from its new go-to-market strategy, and said it was considering putting itself up for sale.

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Purplebricks on track for FY even as first-half losses widen

8th Dec 2022 07:52

(Sharecast News) - Online estate agency Purplebricks reported a widening of its first-half losses on Thursday but said it was on track to meet full-year expectations as its turnaround plan was being delivered "at pace".

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Director dealings: Purplebricks chair buys another million shares

24th Aug 2022 12:13

(Sharecast News) - Shares in Purplebricks were rising on Wednesday afternoon, after its non-executive chairman purchased another million shares.

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Director dealings: Purplebricks shares rise after CEO purchase

8th Aug 2022 13:30

(Sharecast News) - Online estate agency Purplebricks saw its shares surge on Monday, as it disclosed three share purchases worth almost £0.1m made by its chief executive officer.

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Director dealings: Purplebricks chair makes most of early share slump

2nd Aug 2022 14:37

(Sharecast News) - Purplebricks was at the top of the list of director buys on Tuesday, as its chairman made the most of a morning slump in its share price.

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Purplebricks shares slump as agency swings to loss after marketing failures

2nd Aug 2022 10:28

(Sharecast News) - Shares in UK online real estate agency Purplebricks slumped on Tuesday after the company revealed a full-year loss as it struggled to execute a new operating model and also had to set aside cash to cover problems at its lettings division.

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Activist investors calls on Purplebricks chair to quit - report

11th Jul 2022 12:20

(Sharecast News) - A shareholder in Purplebricks has called for the immediate resignation of Paul Pindar, the beleaguered firm's chair, it was reported on Monday.

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