16th Jan 2006 17:18
Unite Group PLC16 January 2006 THE UNITE GROUP PLC 16 January 2006 The UNITE Group plc (the "Company") The Company has been informed that Mr Nicholas Porter, Chief Executive Officerof the Company, gifted 26,882 ordinary shares of 25p each in the capital of theCompany (representing 0.022% of its issued share capital), to Uniaid Foundation("Uniaid") on 13 January 2006. Mr Porter gifted the shares to Uniaid (which is a registered charity), for thepurpose of enabling it to move towards the next stage of its development. Uniaidwas set up to help students overcome the financial hurdles to higher education. The Company has today also been informed that Mr Porter gifted a further 26,882ordinary shares of 25p each in the capital of the Company (again representing0.022% of its issued share capital), to the Red Shoes Charitable Trust on 13January 2006. The Red Shoes Charitable Trust (which is again a registeredcharity), was set up for the purpose of helping disadvantaged and disabledchildren. Following the transfer of the above referred to shares, Mr Porter is interestedin 12,117,485 shares in the Company, representing 9.95% 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 children); (b) 253,140 shares held by the Trustees of the Jane LouiseDiscretionary Settlement (the beneficiaries of which are, again, Mr Porter'schildren); and (c) 147,882 shares held by the Trustees of the Red ShoesCharitable Trust (one of whom is Heather Porter, Mr Porter's wife). END ANDREW REIDCompany SecretaryThe UNITE Group plc Tel 0117 302 7000 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Unite