Unite Group PLC
15 April 2008
THE UNITE GROUP PLC
15 APRIL 2008
THE UNITE GROUP PLC (THE 'COMPANY')
DEALINGS BY DIRECTORS
On 15 April 2008, conditional share awards pursuant to the Company's Long Term
Incentive Plan (the 'LTIP'), were made to Mr Mark Allan, Chief Executive Officer
of the Company, in respect of 124,294 ordinary shares of 25p each in the capital
of the Company; to Mr John Tonkiss, Chief Operating Officer of the Company, in
respect of 67,796 ordinary shares of 25p each in the capital of the Company; and
to Mr Joe Lister, Chief Financial Officer of the Company, in respect of 64,568
ordinary shares of 25p each in the capital of the Company.
The number of shares that will unconditionally vest in Messrs Allan, Tonkiss and
Lister pursuant to the above referred to LTIP awards will be determined
following expiry of the three year measurement period attaching to those awards,
by reference to the net asset value and total shareholder return performance of
the Company over that period.
Following the above referred to LTIP awards, Mr Allan is interested in 363,606
shares in the Company, representing 0.29% of its issued share capital; Mr
Tonkiss is interested in 148,832 shares in the Company, representing 0.12% of
its issued share capital; and Mr Lister is interested in 87,121 shares in the
Company, representing 0.07% of its issued share capital.
Included in the interests of Mr Allan are, in addition to the shares the subject
of his LTIP award referred to above, a further 135,290 shares the subject of
LTIP awards made to Mr Allan in April 2006 and April 2007.
Included in the interests of Mr Tonkiss are, in addition to the shares the
subject of his LTIP award referred to above, a further 62,220 shares the subject
of LTIP awards made to Mr Tonkiss in April 2006 and April 2007.
Included in the interests of Mr Lister are, in addition to the shares the
subject of his LTIP award referred to above, a further 17,702 shares the subject
of LTIP awards made to Mr Lister in April 2006 and April 2007.
The number of shares that will unconditionally vest in Messrs Allan, Tonkiss and
Lister pursuant to their 2006 and 2007 LTIP awards will also be determined
following the end of the three year measurement periods attaching to those
awards by reference to the net asset value and total shareholder return
performance of the Company over the relevant period.
END.
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