Unite Group PLC
22 March 2006
THE UNITE GROUP PLC
22 MARCH 2006
The UNITE Group plc (the 'Company' or 'UNITE')
DEALINGS BY DIRECTORS
Mr Mark Allan, Chief Financial Officer of The UNITE Group plc, has following the
exercise on 22 March 2006 of options over 140,000 ordinary shares of 25p each in
the Company, subsequently sold all of the shares acquired by him as a result of
the exercise of such options.
Mr Allan acquired 140,000 shares on 22 March 2006 following the exercise of
options granted to him on 11 October 2002 under The UNITE Group plc Unapproved
Share Option Scheme. The exercise price relating to such options was 129p per
share and the shares acquired by Mr Allan as a result of the exercise of those
options were sold by him on 22 March 2006 at a price of 425p per share.
Also on 22 March 2006, Dr Andrew Lee, HR Director of UNITE, exercised options
over 155,039 ordinary shares of 25p each in the Company and subsequently sold
all of the shares acquired by him as a result of the exercise of such options.
Dr Lee acquired 155,039 shares on 22 March 2006, again following the exercise of
options granted to him on 11 October 2002 under The UNITE Group plc Unapproved
Share Option Scheme. The exercise price relating to such options was again 129p
per share and the shares acquired by Dr Lee as a result of the exercise of those
options were sold by him on 22 March 2006 at a price of 425p per share.
Following the above referred to exercises of options and sales of shares, Mr
Allan and Dr Lee remain respectively interested in 85,844 and 81,219 ordinary
shares of 25p each in the Company, representing 0.07% and 0.066% respectively of
its issued share capital.
END.
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