Online estate agent adopts no-fee model to win back market share
Purplebricks’ financial condition “was found to be significantly worse than expected”
The firm’s board is unanimously recommending the deal to shareholders
The online estate agent has formally put itself up for sale
A strategic review of the business “may or may not result in a sale of the company”
Property investor Adam Smith wants Harry Hill to replace Paul Pindar
Adam Smith said it is time for Paul Pindar to go, after building a 4% stake in the online agent
The auditor said it needs more time to examine new processes
The online estate agent has warned investors that revenue will be £10m lower than expected
Helena Marston has yet to clear AIM’s vetting and due diligence
The boss has seen the share price fall by 88% since he took the helm three years ago
Delayed half-year results for online agent show £20m loss