Director/PDMR Shareholding

RNS Number : 8024A

Unite Group PLC

28 March 2017

 

THE UNITE GROUP PLC (the "Company")

27 March 2017

Notification of transactions by persons discharging managerial responsibilities ("PDMR") and persons closely associated with them ("PCA")

Richard Smith (Chief Executie Officer) and Richard Simpson (Group Property Director) were each awarded 32,277 deferred shares in March 2014 under the Company's deferred share bonus scheme, deferred for 3 years. The deferral period has now passed and these shares have now vested and, after deducting for income tax and national insurance, Richard Smith and Richard Simpson have each recived 17,106 shares.

The notification below is made in accordance with the requirements 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 Identification code	Ordinary shares of 25p each GB0006928617
b)	Nature of the transaction	Vesting of 2014 deferred share bonus award.
c)	Price(s) and volume(s)	Price(s) Volume(s) £6.2750 17,106
d)	Aggregated information - Aggregated volume - Price	17,106 £6.2750
e)	Date of the transaction	28 March 2017
f)	Place of the transaction	London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Richard Simpson
2	Reason for the notification
a)	Position/status	Group Property Director
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 Identification code	Ordinary shares of 25p each GB0006928617
b)	Nature of the transaction	Vesting of 2014 deferred share bonus award.
c)	Price(s) and volume(s)	Price(s) Volume(s) £6.2750 17,106
d)	Aggregated information - Aggregated volume - Price	17,106 £6.2750
e)	Date of the transaction	28 March 2017
f)	Place of the transaction	London Stock Exchange

For further information, please contact:

Unite Students Christopher Szpojnarowicz, Company Secretary

Tel: [phone]

 

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