TIDMUTG

RNS Number : 4750I

Unite Group PLC (The)

14 April 2022

THE UNITE GROUP PLC (the "Company")

14 April 2022

EXERCISE OF LTIP OPTIONS

The Company announces the following PDMR dealings in accordance with Article 19 of the Market Abuse Regulation:

 
 1      Details of the person discharging managerial responsibilities 
         / person closely associated 
 a)     Name                        Richard Smith 
       --------------------------  ------------------------------------------ 
 2      Reason for the notification 
       ---------------------------------------------------------------------- 
 a)     Position/status             Chief Executive Officer 
       --------------------------  ------------------------------------------ 
 b)     Initial notification        Initial notification 
         /Amendment 
       --------------------------  ------------------------------------------ 
 3      Details of the issuer, emission allowance market participant, 
         auction platform, auctioneer or auction monitor 
       ---------------------------------------------------------------------- 
 a)     Name                        The Unite Group plc 
       --------------------------  ------------------------------------------ 
 b)     LEI                         213800BBUUWVDH9YI827 
       --------------------------  ------------------------------------------ 
 4      Details of the transaction(s): section to be repeated 
         for (i) each type of instrument; (ii) each type of 
         transaction; (iii) each date; and (iv) each place where 
         transactions have been conducted 
       ---------------------------------------------------------------------- 
 a)     Description of the 
         financial instrument,        Ordinary shares of 25p each 
         type of instrument 
 
         Identification code          GB0006928617 
       --------------------------  ------------------------------------------ 
 b)     Nature of the transaction   Exercise of 2017 LTIP options (following 
                                     the 3 year vesting and 2 year holding 
                                     period) 
       --------------------------  ------------------------------------------ 
                                      Price(s)    Volume(s) 
   c)     Price(s) and volume(s)       Nil cost options 
                                       GBP11.21    74,302 
                                                  ---------- 
                                       HMRC 
                                       GBP6.42     386 
                                                  ---------- 
 
 
                                      The above numbers of shares are (in 
                                      the case of the Nil cost options) 
                                      the net number after deducting for 
                                      income tax and national insurance 
                                      contributions and (in the case of 
                                      the HMRC Approved Employee Share 
                                      Option Scheme) after selling sufficient 
                                      shares to fund the GBP6.42 exercise 
                                      price per option. 
       --------------------------  ------------------------------------------ 
 d)     Aggregated information 
 
         - Aggregated volume          74,688 
 
         - Price                      As above 
       --------------------------  ------------------------------------------ 
 e)     Date of the transaction     13 April 2022 
       --------------------------  ------------------------------------------ 
 f)     Place of the transaction    London Stock Exchange 
       --------------------------  ------------------------------------------ 
 
 
 1      Details of the person discharging managerial responsibilities 
         / person closely associated 
 a)     Name                        Joe Lister 
       --------------------------  ------------------------------------------ 
 2      Reason for the notification 
       ---------------------------------------------------------------------- 
 a)     Position/status             Chief Financial Officer 
       --------------------------  ------------------------------------------ 
 b)     Initial notification        Initial notification 
         /Amendment 
       --------------------------  ------------------------------------------ 
 3      Details of the issuer, emission allowance market participant, 
         auction platform, auctioneer or auction monitor 
       ---------------------------------------------------------------------- 
 a)     Name                        The Unite Group plc 
       --------------------------  ------------------------------------------ 
 b)     LEI                         213800BBUUWVDH9YI827 
       --------------------------  ------------------------------------------ 
 4      Details of the transaction(s): section to be repeated 
         for (i) each type of instrument; (ii) each type of 
         transaction; (iii) each date; and (iv) each place where 
         transactions have been conducted 
       ---------------------------------------------------------------------- 
 a)     Description of the 
         financial instrument,        Ordinary shares of 25p each 
         type of instrument 
 
         Identification code          GB0006928617 
       --------------------------  ------------------------------------------ 
 b)     Nature of the transaction   Exercise of 2017 LTIP options (following 
                                     the 3 year vesting and 2 year holding 
                                     period) 
       --------------------------  ------------------------------------------ 
                                      Price(s)    Volume(s) 
   c)     Price(s) and volume(s)       Nil cost options 
                                       GBP11.21    59,163 
                                                  ---------- 
                                       HMRC 
                                       GBP6.42     386 
                                                  ---------- 
 
 
                                      The above numbers of shares are (in 
                                      the case of the Nil cost options) 
                                      the net number after deducting for 
                                      income tax and national insurance 
                                      contributions and (in the case of 
                                      the HMRC Approved Employee Share 
                                      Option Scheme) after selling sufficient 
                                      shares to fund the GBP6.42 exercise 
                                      price per option. 
       --------------------------  ------------------------------------------ 
 d)     Aggregated information 
 
         - Aggregated volume          59,549 
 
         - Price                      As above 
       --------------------------  ------------------------------------------ 
 e)     Date of the transaction     13 April 2022 
       --------------------------  ------------------------------------------ 
 f)     Place of the transaction    London Stock Exchange 
       --------------------------  ------------------------------------------ 
 

For further information, please contact:

 
Unite Students 
 Christopher Szpojnarowicz, Company Secretary    Tel: +44 117 302 7120 
 

END

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END

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