Director/PDMR Shareholding

RNS Number : 3578O

Unite Group PLC

10 October 2012

 



THE UNITE GROUP PLC

10 OCTOBER 2012

The UNITE Group plc (the "Company")

DEALINGS BY DIRECTOR

On 9 October 2012, Mr Joe Lister, Chief Financial Officer of The UNITE Group plc, sold 8,255 ordinary shares of 25p each in the Company at an average price of 263.7581p per share. The sale followed the exercise by Mr Lister on 9 October 2012 of HMRC approved options over 8,255 shares in the Company at a price of 129p per share. The options had been granted to Mr Lister in October 2002.

Following the above referred to sale of shares, Mr Lister remains interested in 335,916  ordinary shares of 25p each in the Company, representing 0.209% of its issued share capital. Included in those interests are 90,534 shares the subject of an award made to Mr Lister pursuant to the Company's Long Term Incentive Plan ("LTIP"). The proportion of those 90,534 LTIP shares that will unconditionally vest in Mr Lister will be determined following the end of the three year measurement period attaching to that award by reference to the net asset value and the total shareholder return performance of the Company over that period.

END.

 

END

 

 

RDSURUBRUOARARA