Unite Group PLC (The) Director/PDMR Shareholding (4750I)
April 14 2022 - 11:37AM
UK Regulatory (RNS & others)
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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