15th Apr 2008 15:10
Unite Group PLC15 April 2008 THE UNITE GROUP PLC15 APRIL 2008 THE UNITE GROUP PLC (THE "COMPANY")DEALINGS BY DIRECTORS On 15 April 2008, conditional share awards pursuant to the Company's Long TermIncentive Plan (the "LTIP"), were made to Mr Mark Allan, Chief Executive Officerof the Company, in respect of 124,294 ordinary shares of 25p each in the capitalof the Company; to Mr John Tonkiss, Chief Operating Officer of the Company, inrespect of 67,796 ordinary shares of 25p each in the capital of the Company; andto Mr Joe Lister, Chief Financial Officer of the Company, in respect of 64,568ordinary shares of 25p each in the capital of the Company. The number of shares that will unconditionally vest in Messrs Allan, Tonkiss andLister pursuant to the above referred to LTIP awards will be determinedfollowing expiry of the three year measurement period attaching to those awards,by reference to the net asset value and total shareholder return performance ofthe Company over that period. Following the above referred to LTIP awards, Mr Allan is interested in 363,606shares in the Company, representing 0.29% of its issued share capital; MrTonkiss is interested in 148,832 shares in the Company, representing 0.12% ofits issued share capital; and Mr Lister is interested in 87,121 shares in theCompany, representing 0.07% of its issued share capital. Included in the interests of Mr Allan are, in addition to the shares the subjectof his LTIP award referred to above, a further 135,290 shares the subject ofLTIP awards made to Mr Allan in April 2006 and April 2007. Included in the interests of Mr Tonkiss are, in addition to the shares thesubject of his LTIP award referred to above, a further 62,220 shares the subjectof LTIP awards made to Mr Tonkiss in April 2006 and April 2007. Included in the interests of Mr Lister are, in addition to the shares thesubject of his LTIP award referred to above, a further 17,702 shares the subjectof LTIP awards made to Mr Lister in April 2006 and April 2007. The number of shares that will unconditionally vest in Messrs Allan, Tonkiss andLister pursuant to their 2006 and 2007 LTIP awards will also be determinedfollowing the end of the three year measurement periods attaching to thoseawards by reference to the net asset value and total shareholder returnperformance of the Company over the relevant period. END. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Unite