Company Announcements

Director/PDMR Shareholding

Source: RNS
RNS Number : 0328D
Unite Group PLC (The)
24 June 2021
 

THE UNITE GROUP PLC (the "Company")

 

24 June 2021

 

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 /Amendment

 

 

Initial notification

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, type of instrument

 

Identification code

 

 

 

Ordinary shares of 25p each

 

 

GB0006928617

 

b)

 

Nature of the transaction

 

 

Exercise of 2016 LTIP options (following 3 year vesting and 2 year holding period)

 

 

 

c)

 

 

Price(s) and volume(s)

 

Price(s)

 

Volume(s)

Nil cost options

62,897

£6.415

328

 

 

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 £6.415 exercise price per  option.  

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

 

63,225

 

As above

e)

 

Date of the transaction

 

 

23 June 2021

 

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 /Amendment

 

 

Initial notification

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, type of instrument

 

Identification code

 

 

 

Ordinary shares of 25p each

 

 

GB0006928617

 

b)

 

Nature of the transaction

 


 

c)

 

 

Price(s) and volume(s)

 

Price(s)

 

Volume(s)

Nil cost options

51,186

£6.415

328

 

 

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 £6.415 exercise price per  option.  

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

 

51,514

 

As above

e)

 

Date of the transaction

 

23 June 2021

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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