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Unite Group PLC Director's Dealing 2014

Apr 7, 2014

4793_dirs_2014-04-07_c977ac98-dc08-4500-9fe7-d94958e3951e.html

Director's Dealing

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RNS Number : 2646E

Unite Group PLC

07 April 2014

THE UNITE GROUP PLC

7 April 2014

Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Connected Persons

1. Name of the issuer

THE UNITE GROUP PLC
2. State whether the notification relates to (i) a transaction notified in accordance with DTR 3.1.2 R,

(ii) a disclosure made in accordance

LR 9.8.6R(1) or

(iii) a disclosure made in accordance with section 793 of the Companies Act (2006).

A TRANSACTION NOTIFIED IN ACCORDANCE WITH DTR 3.1.2 R
3. Name of person discharging managerial

responsibilities/director

MARK ALLAN
4. State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person

IN ADDITION TO MARK ALLAN, HIS WIFE (JOANNA HELLEN) HAS ALSO SOLD SHARES
5. Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a nonbeneficial

interest

BOTH 3 & 4 ABOVE
6. Description of shares (including class), debentures or derivatives or financial instruments relating to shares

ORDINARY SHARES OF 25P EACH
7. Name of registered shareholders(s) and, if more than one, the number of shares held by each of them

(1)  MARK ALLAN

(2)  JOANNA HELLEN
8. State the nature of the transaction

SALE OF SUFFICIENT SHARES TO UTILISE THEIR RESPECTIVE  ANNUAL EXEMPT AMOUNTS FOR CAPITAL GAINS TAX FOR 2013-2014 AND 2014-2015 TAX YEARS
9. Number of shares, debentures or financial instruments relating to shares acquired

N/A
10. Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)

N/A
11. Number of shares, debentures or financial instruments relating to shares disposed

25,000 ORDINARY SHARES OF 25P EACH.

(6,250 SOLD BY EACH OF MARK ALLAN AND JOANNA HELLEN ON FRIDAY 4 APRIL AND THEN 6,250 SOLD BY EACH OF MARK ALLAN AND JOANNA HELLEN ON MONDAY 7 APRIL)
12. Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage)

0.0124%
13. Price per share or value of transaction

433.43P PER SHARE FOR 12,500 SHARES SOLD ON FRIDAY 4 APRIL 2014 AND 431.84P PER SHARE FOR 12,500 SHARES SOLD ON MONDAY 7 APRIL 2014
14. Date and place of transaction

FRIDAY 4 APRIL 2014 FOR 12,500 SHARES AND MONDAY 7 APRIL 2014 FOR 12,500 SHARES - UK
15. Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)

416,593 ORDINARY SHARES OF 25P   0.2071%
16. Date issuer informed of transaction

7 APRIL 2014

If a person discharging managerial responsibilities has been granted options by the issuer complete the following boxes

17. Date of grant 18. Period during which or date on which exercisable
19. Total amount paid (if any) for grant of the option 20. Description of shares or debentures involved (class and number)
21. Exercise price (if fixed at time of grant) or

indication that price is to be fixed at the time of exercise
22. Total number of shares or debentures over which options held following notification
23. Any additional information

NONE
24. Name of contact and telephone number for queries

CHRISTOPHER SZPOJNAROWICZ

COMPANY SECRETARY

THE UNITE GROUP PLC

TEL 0117 302 7000

Name of authorised official of issuer responsible for making notification

CHRISTOPHER SZPOJNAROWICZ

COMPANY SECRETARY

THE UNITE GROUP PLC

TEL 0117 302 7000

Date of notification 7 APRIL 2014      

This information is provided by RNS

The company news service from the London Stock Exchange

END

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