6th Apr 2005 15:00
Unite Group PLC06 April 2005 THE UNITE GROUP PLC6 APRIL 2005 The UNITE Group plc (the "Company") DEALINGS BY DIRECTOR Mr Mark Allan, Group Finance Director of The UNITE Group plc, has, following theexercise yesterday and today of options over an aggregate of 50,000 ordinaryshares of 25p each in the Company, subsequently sold all of the shares acquiredby him as a result of the exercise of such options. Mr Allan acquired 6,500 shares on 5 April 2005 following the exercise of optionsgranted to him on 17 April 2000 under The UNITE Group plc Approved Company ShareOption Scheme. The exercise price relating to such options was 169p per shareand the shares acquired by Mr Allan on 5 April 2005 as a result of the exerciseof those options were sold by him on that date at a price of 286p per share. On 6 April 2005, Mr Allan exercised options over a further 43,500 shares, 11,000of which were also granted to him on 17 April 2000 under The UNITE Group plcApproved Company Share Option Scheme at a price of 169p per share. The remaining32,500 options exercised by Mr Allan on 6 April 2005 were granted to him on 26April 2000 under The UNITE Group plc Unapproved Share Option Scheme at anexercise price of 176.5p per share. The 43,500 shares acquired by Mr Allan on 6April 2005 as a result of the exercise of such options were sold by him on thatdate at a price of 284.75p per share. Following the above referred to exercises of options and sales of shares, MrAllan remains interested in 35,844 ordinary shares of 25p each in the Company,representing 0.032% of its issued share capital. END. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Unite