REG - Mears Grp PLC - Dividend Declaration

MearsAnnouncement

25/04/2024 14:00

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RNS Number : 0810M  Mears Group PLC  25 April 2024

25 April 2024

Mears Group PLC

("Mears" or "the Group" or "the Company")

Dividend declaration

As announced as part of the full year results, the Directors have recommended
a final ordinary dividend of 9.30p, bringing the full year dividend for 2023
to 13.00p (FY22: 10.50p) reflecting continued strong cash performance and the
Board's confidence in the Group's prospects.

The payment of the final dividend is subject to approval by the Company's
shareholders at the 2024 Annual General Meeting to be held on 13 June 2024.

The dividend is expected to be paid on 16 July 2024 to shareholders on the
register of members at close of business on 28 June 2024.

For further information, contact:

Mears Group PLC

 Ben Westran, Company Secretary                Tel: +44(0)1452 634660
 www.mearsgroup.co.uk

 

 

About Mears

 

Mears is a leading provider of services to the Housing sector, providing a
range of services to individuals within their homes. We manage and maintain
around 450,000 homes across the UK and work predominantly with Central
Government and Local Government, typically through long-term contracts. We
equally consider the residents of the homes that we manage and maintain to be
our customers, and we take pride in the high levels of customer satisfaction
that we achieve.

Mears currently employs over 5,000 people and provides services in every
region of the UK. In partnership with our Housing clients, we provide property
management and maintenance services. Mears has extended its activities to
provide broader housing solutions to solve the challenge posed by the lack of
affordable housing and to provide accommodation and support for the most
vulnerable.

We focus on long-term outcomes for people rather than short-term solutions and
invest in innovations that have a positive impact on people's quality of life
and on their communities' social, economic, and environmental wellbeing. Our
innovative approaches and market leading positions are intended to create
value for our customers and the people they serve while also driving
sustainable financial returns for our providers of capital, especially our
shareholders.

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