Simon Downing has invested more than £250,000 in Purplebricks (LON: PURP) just before the end of the financial year in April. He acquired 257,884 shares at 97.3p each. Downing has spent nearly £740,000 on the 891,384 shares he owns in Purplebricks.
In March 2018, Downing was appointed as an independent non-executive director of Purplebricks when Axel Springer invested £125m at 360p a share. Axel Springer still has a 26.5% stake. At the end of 2018, he bought 133,500 shares at 148p each.
At the end of 2019, Downing became senior independent non-executive director. Last August, he acquire...
