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Unite Group PLC Director's Dealing 2021

Jun 24, 2021

4793_dirs_2021-06-24_4b6196ac-2697-4f36-a370-e267c701480c.html

Director's Dealing

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National Storage Mechanism | Additional information

RNS Number : 0328D

Unite Group PLC (The)

24 June 2021

THE UNITE GROUP PLC (the "Company")

24 June 2021

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

Identification code

Ordinary shares of 25p each

GB0006928617

b)

Nature of the transaction

Exercise of 2016 LTIP options (following 3 year vesting and 2 year holding period)

c)

Price(s) and volume(s)

Price(s) Volume(s)
Nil cost options 62,897
£6.415 328

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 £6.415 exercise price per  option.  

d)

Aggregated information

- Aggregated volume

- Price

63,225

As above

e)

Date of the transaction

23 June 2021

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

Identification code

Ordinary shares of 25p each

GB0006928617

b)

Nature of the transaction

c)

Price(s) and volume(s)

Price(s) Volume(s)
Nil cost options 51,186
£6.415 328

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 £6.415 exercise price per  option.  

d)

Aggregated information

- Aggregated volume

- Price

51,514

As above

e)

Date of the transaction

23 June 2021

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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END

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