Unite Group PLC Director/PDMR Shareholding (8840H)

TIDMUTG

RNS Number : 8840H

Unite Group PLC

15 March 2018

THE UNITE GROUP PLC (the "Company")

15 March 2018

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

Richard Smith (Chief Executive Officer) was awarded 29,161 deferred shares in February 2015 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 has received 15,455 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       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                        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               Ordinary shares of 25p each 
         instrument, type 
         of instrument               GB0006928617 
 
         Identification 
         code 
-----  -------------------------  -------------------------------- 
 b)     Nature of the              Vesting of deferred share bonus 
         transaction                award. 
-----  -------------------------  -------------------------------- 
                                     Price(s)     Volume(s) 
   c)     Price(s) and volume(s)     -----------  ---------- 
                                      GBP7.7850    15,455 
                                     -----------  ---------- 
-----  -------------------------  -------------------------------- 
 d)     Aggregated information 
 
         - Aggregated volume         15,455 
                                     GBP120,319.92 (GBP7.7850 per 
         - Price                     share) 
-----  -------------------------  -------------------------------- 
 e)     Date of the transaction    13 March 2018 
-----  -------------------------  -------------------------------- 
 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

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March 15, 2018 10:16 ET (14:16 GMT)