THE UNITE GROUP PLC (the "Company")
9 September 2016
Notification of transactions by persons discharging managerial responsibilities ("PDMR") and persons closely associated with them ("PCA")
On 7 September 2016, Joe Lister, the Chief Financial Officer of the Company and a PDMR, transferred for nil consideration 250,000 ordinary shares of 25p each to Samantha Lister, his spouse and a PCA, and thereafter sold 100,000 shares (with each of Joe Lister and Samantha Lister selling 50,000 shares each) at a price of £6.35 per share.
Joe Lister now holds (including shares held by Samantha Lister) 410,936 shares which represent 0.19% of the entire issued share capital of the Company.
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 |
Joe Lister / Samantha Lister (a person closely associated with Joe Lister) |
2 |
Reason for the notification |
a) |
Position/status |
Chief Financial 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 |
N/A |
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 |
Transfer for nil consideration of 250,000 shares from Joe Lister to Samantha Lister and thereafter the sale of 100,000 shares (50,000 shares by each of Joe Lister and Samantha Lister). |
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
635.000p |
50,000 |
635.000p |
50,000 |
|
d) |
Aggregated information - Aggregated volume - Price |
100,000 635.000p |
e) |
Date of the transaction |
07 September 2016 |
f) |
Place of the transaction |
London Stock Exchange |
For further information, please contact:
Unite Students Christopher Szpojnarowicz, Company Secretary |
Tel: +44 117 302 7120 |