25th May 2005 16:33
Unite Group PLC25 May 2005 THE UNITE GROUP PLC 25 MAY 2005 The UNITE Group plc ("UNITE" or the "Company") DIRECTOR'S SHAREHOLDING The Company has been informed that Uniaid Foundation ("Uniaid"), a registeredcharity set up with the aim of helping students overcome the financial hurdlesto higher education and of which Mr Nicholas Porter, Chief Executive Officer ofthe Company ("Mr Porter") is a trustee, yesterday sold 50,000 shares of 25p eachin the Company (the "Shares") (representing 0.044% of its issued share capital)at a price of 296.5p per share. The Shares were originally acquired by Uniaid following a gift from Mr Porter inNovember 2004 for the purpose of enabling the charity to move towards the nextstage of its development. Following the sale of the Shares by Uniaid, Mr Porter is interested in12,144,367 shares in the Company, representing 10.9% of its issued sharecapital. Included in those interests are (a) 966,000 shares held by the trusteesof The Porter Family Discretionary Trust (the beneficiaries of which are MrPorter's two children); (b) 253,140 shares held by the trustees of the JaneLouise Discretionary Settlement Trust (the beneficiaries of which are, again, MrPorter's two children); and (c) 125,000 shares held by the trustees of The RedShoes Charitable Trust (one of whom is Heather Porter, Mr Porter's wife). END Andrew ReidCompany SecretaryThe UNITE Group plc Tel 0117 907 8138 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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