Unite Group PLC Director/PDMR Shareholding (6029G)
July 24 2019 - 8:28AM
UK Regulatory
TIDMUTG
RNS Number : 6029G
Unite Group PLC
24 July 2019
THE UNITE GROUP PLC (the "Company")
24 July 2019
VESTING AND EXERCISE OF LTIP OPTIONS
The Company operates a long term incentive plan which comprises
a Performance Share Plan and an HMRC Approved Employee Share Option
Scheme (the "LTIP"). The Executive Directors, along with other
senior management, participate in the LTIP.
As regards the LTIP options granted in April 2015 to the
Executive Directors, two-thirds vested and were exercised in April
2018. The balance one-third are subject to an additional holding
period of one year and the Executive Directors exercised these
options on 23 July 2019 such that (after deducting for income tax
and national insurance contributions in the case of options granted
under the Performance Share Plan and selling sufficient shares to
fund the exercise price for the options granted under the HMRC
Approved Employee Share Option Scheme), the below numbers of shares
become registrable in their names.
Director Nil cost options HMRC approved options
Richard Smith
(Chief Executive Officer) 10,780 242
----------------- ----------------------
Joe Lister
(Chief Financial Officer) 11,955 242
----------------- ----------------------
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 Initial notification
/Amendment
------------------------------- ----------------------------------
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, Ordinary shares of 25p each
type of instrument
Identification code GB0006928617
------------------------------- ----------------------------------
b) Nature of the transaction Exercise of LTIP options
------------------------------- ----------------------------------
Price(s) Volume(s)
c) Price(s) and volume(s) 583.5p 242
----------
Nil cost 10,780
----------
------------------------------- ----------------------------------
d) Aggregated information
- Aggregated volume 11,022
- Price As above
------------------------------- ----------------------------------
e) Date of the transaction 23 July 2019
------------------------------- ----------------------------------
f) Place of the transaction London Stock Exchange
------------------------------- ----------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Joe Lister
------------------------------- ----------------------------------
2 Reason for the notification
-------------------------------------------------------------------
a) Position/status Chief Financial Officer
------------------------------- ----------------------------------
b) Initial notification Initial notification
/Amendment
------------------------------- ----------------------------------
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, Ordinary shares of 25p each
type of instrument
Identification code GB0006928617
------------------------------- ----------------------------------
b) Nature of the transaction Exercise of LTIP options
------------------------------- ----------------------------------
Price(s) Volume(s)
c) Price(s) and volume(s) 583.5p 242
----------
Nil cost 11,955
----------
------------------------------- ----------------------------------
d) Aggregated information
- Aggregated volume 12,197
- Price As above
------------------------------- ----------------------------------
e) Date of the transaction 23 July 2019
------------------------------- ----------------------------------
f) Place of the transaction London Stock Exchange
------------------------------- ----------------------------------
For further information, please contact:
Unite Students
Christopher Szpojnarowicz, Company Secretary Tel: +44 117 302 7120
END
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
DSHUSUURKVABUAR
(END) Dow Jones Newswires
July 24, 2019 08:28 ET (12:28 GMT)
Unite (LSE:UTG)
Historical Stock Chart
From Sep 2024 to Oct 2024
Unite (LSE:UTG)
Historical Stock Chart
From Oct 2023 to Oct 2024
