Director/PDMR Shareholding

RNS Number : 9283T
Unite Group PLC
09 October 2014
 



 

 

THE UNITE GROUP PLC

 

9 October 2014

 

Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Connected Persons

 

 

1.

Name of the issuer

 

THE UNITE GROUP PLC

2.

State whether the notification relates to (i) a transaction notified in accordance with DTR 3.1.2 R,

(ii) a disclosure made in accordance

LR 9.8.6R(1) or

(iii) a disclosure made in accordance with section 793 of the Companies Act (2006).

A TRANSACTION NOTIFIED IN ACCORDANCE WITH DTR 3.1.2 R

 





3.

Name of person discharging managerial

responsibilities/director

 

RICHARD SIMPSON

4.

State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person

 

N/A





5.

Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a nonbeneficial

interest

3 ABOVE

 

6.

Description of shares (including class), debentures or derivatives or financial instruments relating to shares

 

ORDINARY SHARES OF 25P EACH





7.

Name of registered shareholders(s) and, if more than one, the number of shares held by each of them

 

RICHARD SIMPSON

 

 

 

8.

State the nature of the transaction

 

Acquisition of shares following:

(a)  the exercise of 52,244 nil cost options (granted under the Unite Group plc 2011 Performance Share Plan and deducting 24,555 shares for income tax and employee national insurance liabilities in respect of these options); and

(b)  the exercise of 5,298 HMRC Approved options (granted under the Unite Group plc 2011 Approved Employee Share Option Scheme and selling 1,990 shares to fund the exercise price of these options);

 

such options having vested on 5 October 2014.





9.

Number of shares, debentures or financial instruments relating to shares acquired

 

30,997 ORDINARY SHARES OF 25P EACH

10.

Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)

 

0.015%

 





11.

Number of shares, debentures or financial instruments relating to shares disposed

 

N/A

12.

Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage)

 

N/A





13.

Price per share or value of transaction

 

Nil consideration for the nil cost options and 156.8p per share for the HMRC Approved Options.

 

14.

Date and place of transaction

 

8 October 2014 - UK





15.

Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)

 

110,258 ORDINARY SHARES OF 25P   

0.055%

 

 

16.

Date issuer informed of transaction

 

8 October 2014





 

 

If a person discharging managerial responsibilities has been granted options by the issuer complete the following boxes

 

17.

Date of grant

 

 

18.

Period during which or date on which exercisable

 

 





19.

Total amount paid (if any) for grant of the option

20.

Description of shares or debentures involved (class and number)

 

 





21.

Exercise price (if fixed at time of grant) or

indication that price is to be fixed at the time of exercise

22.

Total number of shares or debentures over which options held following notification

 





23.

Any additional information

 

NONE

24.

Name of contact and telephone number for queries

 

CHRISTOPHER SZPOJNAROWICZ

COMPANY SECRETARY

THE UNITE GROUP PLC

TEL 0117 302 7000

 





 

Name of authorised official of issuer responsible for making notification

CHRISTOPHER SZPOJNAROWICZ

COMPANY SECRETARY

THE UNITE GROUP PLC

TEL 0117 302 7000

 

Date of notification 9 October 2014  

  


This information is provided by RNS
The company news service from the London Stock Exchange
 
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Unite Group (UTG)
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