THE UNITE GROUP PLC (the "Company")
13 April 2023
EXERCISE OF LTIP OPTIONS
The Company announces the following PDMR dealings in accordance with Article 19 of the Market Abuse Regulation:
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1
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Details of the person discharging managerial responsibilities / person closely associated
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a)
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Name
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Richard Smith |
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2
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Reason for the notification
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a)
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Position/status
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Chief Executive Officer
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b)
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Initial notification /Amendment
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Initial notification |
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3
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Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
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a)
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Name
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The Unite Group plc |
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b)
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LEI
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213800BBUUWVDH9YI827 |
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4
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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
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a)
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Description of the financial instrument, type of instrument
Identification code
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Ordinary shares of 25p each
GB0006928617
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b)
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Nature of the transaction
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Exercise of 2018 LTIP options (following 3 year vesting and 2 year holding period)
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c)
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Price(s) and volume(s) |
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 £8.11 exercise price per option. |
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d)
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Aggregated information
- Aggregated volume
- Price
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21,513
As above |
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e)
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Date of the transaction
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12 April 2023
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f)
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Place of the transaction
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London Stock Exchange |
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1
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Details of the person discharging managerial responsibilities / person closely associated
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a)
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Name
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Joe Lister |
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2
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Reason for the notification
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a)
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Position/status
|
Chief Financial Officer |
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b)
|
Initial notification /Amendment
|
Initial notification |
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|
3
|
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
|
|||||||||||
|
a)
|
Name
|
The Unite Group plc |
||||||||||
|
b)
|
LEI
|
213800BBUUWVDH9YI827 |
||||||||||
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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 2018 LTIP options (following 3 year vesting and 2 year holding period)
|
||||||||||
|
c)
|
Price(s) and volume(s) |
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 £8.11 exercise price per option. |
||||||||||
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d)
|
Aggregated information
- Aggregated volume
- Price
|
17,515
As above |
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e)
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Date of the transaction
|
12 April 2023 |
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f)
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Place of the transaction
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London Stock Exchange |
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For further information, please contact:
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Unite Students Christopher Szpojnarowicz, Company Secretary |
Tel: +44 117 302 7120
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END
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