Picture of Unite logo

UTG Unite News Story

0.000.00%
gb flag iconLast trade - 00:00
FinancialsBalancedLarge CapMomentum Trap

REG - Unite Group PLC - Director/PDMR Shareholding

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20220414:nRSN4750Ia&default-theme=true

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

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  DSHBKQBNPBKDQQD

Recent news on Unite

See all news