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Unite Group PLC — Director's Dealing 2023
Apr 13, 2023
4793_dirs_2023-04-13_981904c0-def2-4b15-b690-e8ccecee3b60.html
Director's Dealing
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RNS Number : 1724W
Unite Group PLC (The)
13 April 2023
THE UNITE GROUP PLC (the "Company")
13 April 2023
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 2018 LTIP options (following 3 year vesting and 2 year holding period)
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| Nil cost options | |
| £9.79 | 21,475 |
| HMRC | |
| £8.11 | 38 |
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 £8.11 exercise price per option.
d)
Aggregated information
- Aggregated volume
- Price
21,513
As above
e)
Date of the transaction
12 April 2023
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
Exercise of 2018 LTIP options (following 3 year vesting and 2 year holding period)
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| Nil cost options | |
| £9.79 | 17,477 |
| HMRC | |
| £8.11 | 38 |
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 £8.11 exercise price per option.
d)
Aggregated information
- Aggregated volume
- Price
17,515
As above
e)
Date of the transaction
12 April 2023
f)
Place of the transaction
London Stock Exchange
For further information, please contact:
| Unite Students Christopher Szpojnarowicz, Company Secretary |
Tel: +44 117 302 7120 |
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