9th Oct 2014 15:45
LONDON (Alliance News) - Unite Group PLC Thursday said Richard Smith and Richard Simpson, both managing directors, were awarded shares under various company share plans Wednesday.
Smith was awarded 56,441 shares and sold 24,555 of the shares for tax purposes under the company performance share plan. He also exercised options over 5,298 shares at an option price of 156.8 pence each under the share option scheme.
Simpson was awarded 52,244 shares and sold 26,527 of them. He also exercised options over 5,298 shares at an option price of 156.8 pence each under the share option scheme and sold 1,990 shares to fund the exercise price of these options.
Following these transactions, Smith and Simpson hold 44,775 and 110,258 shares, respectively.
Shares in the student residential accommodation company closed at 413.90p, down 0.1% Thursday.
By Arvind Bhunjun; [email protected]; @ArvindBhunjun
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