12th Apr 2006 17:09
Unite Group PLC12 April 2006 THE UNITE GROUP PLC 12 APRIL 2006 The UNITE Group plc (the "Company") DEALINGS BY DIRECTORS Pursuant to the Company's Long Term Incentive Plan ("LTIP"), a conditional shareaward over 80,194 ordinary shares of 25p each in the capital of the Company wasmade to Mark Allan, Chief Financial Officer of the Company on 11 April 2006. Also on 11 April 2006, a further conditional share award over 59,600 ordinaryshares of 25p each in the capital of the Company was made to Andrew Lee, HRDirector of the Company, again under the terms of the LTIP. The number of shares that will unconditionally vest in Messrs Allan and Leepursuant to the above referred to awards will be determined following the expiryof the three year measurement period, by reference to the net asset value andtotal shareholder return performance conditions attaching to the LTIP awards. Following the above referred to awards, Messrs Allan and Lee are respectivelyinterested in 170,789 and 145,735 shares in the capital of the Company,representing 0.139% and 0.118% respectively of its current issued share capital. END. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Unite