Unite Group PLC Director/PDMR Shareholding (4790J)

TIDMUTG

RNS Number : 4790J

Unite Group PLC

09 September 2016

THE UNITE GROUP PLC (the "Company")

9 September 2016

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

On 7 September 2016, Joe Lister, the Chief Financial Officer of the Company and a PDMR, transferred for nil consideration 250,000 ordinary shares of 25p each to Samantha Lister, his spouse and a PCA, and thereafter sold 100,000 shares (with each of Joe Lister and Samantha Lister selling 50,000 shares each) at a price of GBP6.35 per share.

Joe Lister now holds (including shares held by Samantha Lister) 410,936 shares which represent 0.19% of the entire issued share capital of the Company.

This notification 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                        Joe Lister / Samantha Lister 
                                    (a person closely associated 
                                    with Joe Lister) 
----  --------------------------  ------------------------------- 
 2     Reason for the notification 
----  ----------------------------------------------------------- 
 a)    Position/status             Chief Financial Officer 
----  --------------------------  ------------------------------- 
 b)    Initial notification        Initial notification 
        /Amendment 
----  --------------------------  ------------------------------- 
 3     Details of the issuer, emission allowance 
        market participant, auction platform, auctioneer 
        or auction monitor 
----  ----------------------------------------------------------- 
 a)    Name                        The Unite Group plc 
----  --------------------------  ------------------------------- 
 b)    LEI                         N/A 
----  --------------------------  ------------------------------- 
 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                Ordinary shares of 25p each 
        instrument, type 
        of instrument                GB0006928617 
 
        Identification 
        code 
----  --------------------------  ------------------------------- 
 b)    Nature of the               Transfer for nil consideration 
        transaction                 of 250,000 shares from Joe 
                                    Lister to Samantha Lister 
                                    and thereafter the sale of 
                                    100,000 shares (50,000 shares 
                                    by each of Joe Lister and 
                                    Samantha Lister). 
----  --------------------------  ------------------------------- 
 c)    Price(s) and volume(s)        Price(s)   Volume(s) 
                                     ---------  ---------- 
                                      635.000p   50,000 
                                     ---------  ---------- 
                                      635.000p   50,000 
                                     ---------  ---------- 
----  --------------------------  ------------------------------- 
       Aggregated information 
 
        - Aggregated volume          100,000 
 
 d)     - Price                      635.000p 
----  --------------------------  ------------------------------- 
 e)    Date of the transaction     07 September 2016 
----  --------------------------  ------------------------------- 
 f)    Place of the transaction    London Stock Exchange 
----  --------------------------  ------------------------------- 
 

For further information, please contact:

 
Unite Students 
 Christopher Szpojnarowicz, Company Secretary    Tel: [phone] 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

DSHUKSVRNUAKRAR

(END) Dow Jones Newswires

September 09, 2016 11:44 ET (15:44 GMT)