REG - Unite Group PLC - Director/PDMR Shareholding <Origin Href="QuoteRef">UTG.L</Origin>
RNS Number : 8024AUnite Group PLC28 March 2017THE UNITE GROUP PLC (the "Company")
27 March 2017
Notification of transactions by persons discharging managerial responsibilities ("PDMR") and persons closely associated with them ("PCA")
Richard Smith (Chief Executie Officer) and Richard Simpson (Group Property Director) were each awarded 32,277 deferred shares in March 2014 under the Company's deferred share bonus scheme, deferred for 3 years. The deferral period has now passed and these shares have now vested and, after deducting for income tax and national insurance, Richard Smith and Richard Simpson have each recived 17,106 shares.
The notification below is made in accordance with the requirements 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
Vesting of 2014 deferred share bonus award.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
6.2750
17,106
d)
Aggregated information
- Aggregated volume
- Price
17,106
6.2750
e)
Date of the transaction
28 March 2017
f)
Place of the transaction
London Stock Exchange
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Richard Simpson
2
Reason for the notification
a)
Position/status
Group Property Director
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
Vesting of 2014 deferred share bonus award.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
6.2750
17,106
d)
Aggregated information
- Aggregated volume
- Price
17,106
6.2750
e)
Date of the transaction
28 March 2017
f)
Place of the transaction
London Stock Exchange
For further information, please contact:
Unite Students
Christopher Szpojnarowicz, Company Secretary
Tel: +44 117 302 7120
This information is provided by RNSThe company news service from the London Stock ExchangeENDDSHUWVVRBRAOUAR
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