Director/PDMR Shareholding

By

Regulatory News | 15 Mar, 2018

Updated : 14:18

RNS Number : 8840H
Unite Group PLC
15 March 2018
 

THE UNITE GROUP PLC (the "Company")

15 March 2018

Notification of transactions by persons discharging managerial responsibilities ("PDMR") and persons closely associated with them ("PCA")

Richard Smith (Chief Executive Officer) was awarded 29,161 deferred shares in February 2015 under the Company's deferred share bonus scheme, deferred for 3 years. The deferral period has now passed and these shares have now vested and, after deducting for income tax and national insurance, Richard Smith has received 15,455 shares.

 

The notification below is made in accordance with the requirements of the Market Abuse Regulation.

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

Richard Smith

 

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Chief Executive Officer

 

b)

 

Initial notification /Amendment

 

 

Initial notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

 

Name

 

 

The Unite Group plc

b)

 

LEI

 

 

213800BBUUWVDH9YI827

4

 

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

 

 

a)

 

Description of the financial instrument, type of instrument

 

Identification code

 

 

 

Ordinary shares of 25p each

 

GB0006928617

 

b)

 

Nature of the transaction

 

 

Vesting of deferred share bonus award.

 

 

 

 

 

 

c)

 

 

Price(s) and volume(s)

 

Price(s)

 

Volume(s)

£7.7850

 

15,455

 

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

 

15,455

£120,319.92 (£7.7850 per share)

e)

 

Date of the transaction

 

 

13 March 2018

 

f)

 

Place of the transaction

 

 

London Stock Exchange

 

 

 

For further information, please contact:

Unite Students

Christopher Szpojnarowicz, Company Secretary

 

 

Tel: +44 117 302 7120 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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