87% of Zoopla Property Group members who bought discounted shares in last year’s IPO, have now opted to purchase a further 3.3m shares in ZPG at the same discounted price as part of the exclusive anniversary member offer.
Members who purchased shares last year were eligible for the anniversary offer, entitling them to purchase further shares at £1.76 per share. Based on the take up of the anniversary offer and the current ZPG share price, this offer represents a further £2.2m loyalty discount to ZPG members, taking the total gain on shares bought by ZPG members in both the IPO and the anniversary offer to over £5.1m.
Alex Chesterman, Founder & CEO of ZPG said, “We’re delighted that such a large number of our members took us up on the offer to buy shares last year and again this year and those who did so have made a healthy profit. I am pleased that we have been able to reward our members in this way for their ongoing loyalty.”
Source: Press release