Unite Group PLC
18 May 2007
THE UNITE GROUP PLC
18 MAY 2007
The UNITE Group plc (the 'Company')
The Company was informed on 17 May 2007 of the sale, on that date, of 38,800
ordinary shares of 25p each in the capital of the Company (representing 0.03% of
its current issued share capital), by the trustees of the Jane Louise
Discretionary Settlement Trust, the beneficiaries of which include children of
Mr Nicholas Porter, Non-Executive Deputy Chairman of the Company. Such shares
were sold at a price of 481p per share.
Following the transaction referred to above, Mr Porter is interested in
3,006,685 shares in the Company, representing 2.44% of its current issued share
capital. Included in those interests are (a) 866,000 shares held by the trustees
of the Porter Family Discretionary Trust (the beneficiaries of which are Mr
Porter's children); (b) the 142,340 shares that continue to be held by the
trustees of the Jane Louise Discretionary Settlement Trust; and (c) 151,882
shares held by the trustees of the Red Shoes Charitable Trust (one of whom is
Heather Porter, Mr Porter's wife).
END
Andrew Reid
Company Secretary
The UNITE Group plc
Tel 0117 302 7000
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