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REG - Unite Group PLC - Director/PDMR Shareholding

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RNS Number : 1724W  Unite Group PLC (The)  13 April 2023

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:

 

 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 2018 LTIP options (following 3 year vesting and 2 year holding

                                                            period)

Price(s)          Volume(s)
 c)   Price(s) and volume(s)

                                                                   Nil cost options
                                                                   £9.79             21,475
                                                                   HMRC
                                                                   £8.11             38

 

                                                                   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.
 d)   Aggregated information

      - Aggregated volume                                          21,513

      - Price                                                      As above

 e)   Date of the transaction                                      12 April 2023

 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 £8.11 exercise price per option.

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

 

21,513

 

As above

e)

 

Date of the transaction

 

 

12 April 2023

 

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 2018 LTIP options (following 3 year vesting and 2 year holding

                                                            period)

Price(s)  Volume(s)
 c)   Price(s) and volume(s)

                                                                   Nil cost options
                                                                   £9.79     17,477
                                                                   HMRC
                                                                   £8.11     38

 

                                                                   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.
 d)   Aggregated information

      - Aggregated volume                                          17,515

      - Price                                                      As above

 e)   Date of the transaction                                      12 April 2023

 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 £8.11 exercise price per option.

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

 

17,515

 

As above

e)

 

Date of the transaction

 

12 April 2023

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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