22nd Mar 2006 18:02
Unite Group PLC22 March 2006 THE UNITE GROUP PLC 22 MARCH 2006 The UNITE Group plc (the "Company" or "UNITE") DEALINGS BY DIRECTORS Mr Mark Allan, Chief Financial Officer of The UNITE Group plc, has following theexercise on 22 March 2006 of options over 140,000 ordinary shares of 25p each inthe Company, subsequently sold all of the shares acquired by him as a result ofthe exercise of such options. Mr Allan acquired 140,000 shares on 22 March 2006 following the exercise ofoptions granted to him on 11 October 2002 under The UNITE Group plc UnapprovedShare Option Scheme. The exercise price relating to such options was 129p pershare and the shares acquired by Mr Allan as a result of the exercise of thoseoptions were sold by him on 22 March 2006 at a price of 425p per share. Also on 22 March 2006, Dr Andrew Lee, HR Director of UNITE, exercised optionsover 155,039 ordinary shares of 25p each in the Company and subsequently soldall of the shares acquired by him as a result of the exercise of such options. Dr Lee acquired 155,039 shares on 22 March 2006, again following the exercise ofoptions granted to him on 11 October 2002 under The UNITE Group plc UnapprovedShare Option Scheme. The exercise price relating to such options was again 129pper share and the shares acquired by Dr Lee as a result of the exercise of thoseoptions were sold by him on 22 March 2006 at a price of 425p per share. Following the above referred to exercises of options and sales of shares, MrAllan and Dr Lee remain respectively interested in 85,844 and 81,219 ordinaryshares of 25p each in the Company, representing 0.07% and 0.066% respectively ofits issued share capital. END. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Unite