Unite Group PLC Director/PDMR Shareholding (3833C)
13 April 2017 - 2:51AM
UK Regulatory
TIDMUTG
RNS Number : 3833C
Unite Group PLC
12 April 2017
THE UNITE GROUP PLC (THE "COMPANY")
12 April 2017
GRANT OF OPTIONS AND DIRECTORS' INTERESTS
Pursuant to the long term incentive plan of the Company
(approved by shareholders in May 2016), awards under that plan (in
the form of nil cost options and HMRC approved options), have been
granted to each of the Company's Executive Directors, namely Mr
Richard Smith (Chief Executive Officer), Mr Joe Lister (Chief
Financial Officer) and Mr Richard Simpson (Group Property Director)
on 10 April 2017.
The following numbers of options have been granted:
Director Nil cost options HMRC approved options
----------------- ----------------- ----------------------
Richard Smith 136,520 934
----------------- ----------------- ----------------------
Joe Lister 111,099 934
----------------- ----------------- ----------------------
Richard Simpson 103,155 934
----------------- ----------------- ----------------------
The HMRC approved options were each awarded at an option price
of 642.00p per share, being the closing middle market price of the
shares on the day prior to the date on which the options were
granted.
The number of shares in respect of which Messrs Smith, Lister
and Simpson may exercise the above referred to options will be
determined following the three year measurement period attaching to
those awards, by reference to the EPRA adjusted earnings per share,
total return per share and total shareholder return performance of
the Company over that period. A two year holding period applies to
these options, such that those options vesting may only be
exercised from the fifth anniversary of the date of grant.
This notification 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 Ordinary shares of 25p each
instrument, type
of instrument GB0006928617
Identification
code
----- ------------------------- ------------------------------
b) Nature of the Grant of LTIP options
transaction
----- ------------------------- ------------------------------
Price(s) Volume(s)
c) Price(s) and volume(s) ---------- ----------
GBP6.420 136,520
---------- ----------
GBP6.420 934
---------- ----------
----- ------------------------- ------------------------------
d) Aggregated information
- Aggregated volume 137,454
- Price GBP6.4200
----- ------------------------- ------------------------------
e) Date of the transaction 10 April 2017
----- ------------------------- ------------------------------
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 Ordinary shares of 25p each
instrument, type
of instrument GB0006928617
Identification
code
----- ------------------------- ------------------------------
b) Nature of the Grant of LTIP options
transaction
----- ------------------------- ------------------------------
Price(s) Volume(s)
c) Price(s) and volume(s) ---------- ----------
GBP6.420 111,099
---------- ----------
GBP6.420 934
---------- ----------
----- ------------------------- ------------------------------
d) Aggregated information
- Aggregated volume 137,454
- Price GBP6.4200
----- ------------------------- ------------------------------
e) Date of the transaction 10 April 2017
----- ------------------------- ------------------------------
f) Place of the transaction London Stock Exchange
----- ------------------------- ------------------------------
1 Details of the person discharging managerial
responsibilities / person closely associated
----- ---------------------------------------------------------
a) Name Richard Simpson
----- ------------------------- ------------------------------
2 Reason for the notification
----- ---------------------------------------------------------
a) Position/status Group Property Director
----- ------------------------- ------------------------------
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 Ordinary shares of 25p each
instrument, type
of instrument GB0006928617
Identification
code
----- ------------------------- ------------------------------
b) Nature of the Grant of LTIP options
transaction
----- ------------------------- ------------------------------
Price(s) Volume(s)
c) Price(s) and volume(s) ---------- ----------
GBP6.420 103,155
---------- ----------
GBP6.420 934
---------- ----------
----- ------------------------- ------------------------------
d) Aggregated information
- Aggregated volume 137,454
- Price GBP6.4200
----- ------------------------- ------------------------------
e) Date of the transaction 10 April 2017
----- ------------------------- ------------------------------
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
END
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