Director/PDMR Shareholding

RNS Number : 4633A

Unite Group PLC

08 October 2009

 

THE UNITE GROUP PLC

8 OCTOBER 2009

("THE COMPANY")

DEALINGS BY DIRECTORS

Following completion on 6 October 2009 of the Firm Placing and Placing and Open Offer announced by the Company on 17 September 2009 (the "Placing"), the Directors set out below confirmed to the Company on 7 October 2009 their subscriptions, through their participation in the Placing, for new ordinary shares of 25p each in the capital of the Company as follows:

Name of Director	Position	Number of shares acquired	% of issued share capital
Philip White	Chairman	10,000	0.006
Nigel Hall	Non-Executive Director	8,000	0.005
Richard Walker	Non-Executive Director	10,000	0.006
Mark Allan	Chief Executive	19,520	0.012
John Tonkiss	Chief Operating Officer	10,000	0.006
Joe Lister	Chief Financial Officer	10,000	0.006

Each of the above referred to shares was acquired at the Placing price of 250p per share.

Following the above referred to subscriptions, the total number of shares in the Company in which Messrs White, Hall, Walker, Allan, Tonkiss and Lister are interested are as follows:

Name of Director	Number of shares interested in	% of issued share capital
Philip White	10,000	0.006
Nigel Hall	17,849	0.011
Richard Walker	10,000	0.006
Mark Allan	838,053	0.526
John Tonkiss	362,392	0.227
Joe Lister	393,715	0.247

Included in the interests of Messrs Allan, Tonkiss and Lister are 594,484 shares, 327,269 shares and 293,043 shares respectively awarded to them pursuant to the terms of the Company's Long Term Incentive Plan.  The number of such shares that will unconditionally vest in the relevant individuals pursuant to those awards will be determined following the end of the relevant three year measurement periods.

END

ANDREW REID

COMPANY SECRETARY

THE UNITE GROUP PLC

TEL : [phone]

 

END

 

 

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