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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 /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
Ordinary shares of 25p each
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
£11.21 74,302
HMRC
£6.42 386
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 £6.42 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
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 £6.42 exercise price per option.
d)
Aggregated information
- Aggregated volume
- Price
74,688
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 /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
Ordinary shares of 25p each
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
£11.21 59,163
HMRC
£6.42 386
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 £6.42 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
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 £6.42 exercise price per option.
d)
Aggregated information
- Aggregated volume
- Price
59,549
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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