Unite Group PLC
20 September 2006
THE UNITE GROUP PLC
20 SEPTEMBER 2006
The UNITE Group plc (the 'Company')
DEALINGS BY DIRECTOR
In accordance with a plan to reduce his holding in an orderly manner, whilst at
the same time maintaining a significant shareholding in the Company, Nicholas
Porter, Non-Executive Deputy Chairman of The UNITE Group plc, has today informed
the Company of the sale by him yesterday of 1 million ordinary shares of 25p
each in the capital of the Company (representing 0.82% of its issued share
capital), at a price of 426p per share.
Following the transaction referred to above, Mr Porter is interested in
7,545,485 shares in the Company, representing 6.15% 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) 181,140 shares held by the trustees of the Jane Louise
Discretionary Settlement Trust (the beneficiaries of which include Mr Porter's
children); and 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
This information is provided by RNS
The company news service from the London Stock Exchange
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.