Director/PDMR Shareholding

Unite Group PLC 07 January 2008 THE UNITE GROUP PLC 7 JANUARY 2008 The UNITE Group plc (the 'Company' or 'UNITE') DEALINGS BY DIRECTOR Mr Mark Allan, Chief Executive of The UNITE Group plc, has, following the exercise on 7 January 2008 of options over 16,388 ordinary shares of 25p each in the Company, subsequently sold all of the shares acquired by him as a result of the exercise of such options. Mr Allan acquired 16,388 shares on 7 January 2008 following the exercise by him of 10,388 of the options granted to him on 11 October 2002 and 6,000 of the options granted to him on 4 May 2004, all under The UNITE Group plc Unapproved Share Option Scheme. The exercise price relating to the options granted on 11 October 2002 was 129p per share, whilst the exercise price of the options granted on 4 May 2004 was 191p per share. The shares acquired by Mr Allan as a result of the exercise of those options were sold by him on 7 January 2008 at a price of 340p per share. Following the above referred to exercise of options and sale of shares, Mr Allan remains interested in 239,312 ordinary shares of 25p each in the Company, representing 0.193% of its issued share capital. Included in those interests are 135,290 shares the subject of awards made to Mr Allan pursuant to the terms of the Company's Long Term Incentive Plan ('LTIP'). The proportion of those 135,290 LTIP shares that will unconditionally vest in Mr Allan will be determined following the end of the relevant three measurement periods attaching to those awards by reference to the net asset value and the total shareholder return performance of the Company over those periods. END. This information is provided by RNS The company news service from the London Stock Exchange

Companies

Unite Group (UTG)
UK 100

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