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Pin to quick picksUnite Regulatory News (UTG)

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Director/PDMR Shareholding

9 Sep 2016 16:44

RNS Number : 4790J
Unite Group PLC
09 September 2016
 

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

 

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