Unite Group PLC
06 April 2005
THE UNITE GROUP PLC
6 APRIL 2005
The UNITE Group plc (the 'Company')
DEALINGS BY DIRECTOR
Mr Mark Allan, Group Finance Director of The UNITE Group plc, has, following the
exercise yesterday and today of options over an aggregate of 50,000 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 6,500 shares on 5 April 2005 following the exercise of options
granted to him on 17 April 2000 under The UNITE Group plc Approved Company Share
Option Scheme. The exercise price relating to such options was 169p per share
and the shares acquired by Mr Allan on 5 April 2005 as a result of the exercise
of those options were sold by him on that date at a price of 286p per share.
On 6 April 2005, Mr Allan exercised options over a further 43,500 shares, 11,000
of which were also granted to him on 17 April 2000 under The UNITE Group plc
Approved Company Share Option Scheme at a price of 169p per share. The remaining
32,500 options exercised by Mr Allan on 6 April 2005 were granted to him on 26
April 2000 under The UNITE Group plc Unapproved Share Option Scheme at an
exercise price of 176.5p per share. The 43,500 shares acquired by Mr Allan on 6
April 2005 as a result of the exercise of such options were sold by him on that
date at a price of 284.75p per share.
Following the above referred to exercises of options and sales of shares, Mr
Allan remains interested in 35,844 ordinary shares of 25p each in the Company,
representing 0.032% of its issued share capital.
END.
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