Director/PDMR Shareholding

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: [phone]

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