REG - Mears Grp PLC - Dividend Declaration

MearsAnnouncement

14/04/2025 14:00

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RNS Number : 9426E  Mears Group PLC  14 April 2025

Mears Group PLC

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

 

Dividend Declaration

 

Mears Group PLC, the leading provider of services to the Housing sector in the
UK, confirms that as stated in the Company's Final Results published on 10
April 2025, the board has proposed a final dividend in respect of FY24 of
11.25p per share, bringing the total for the full year to 16.00p, an increase
of 23% (FY23: 13.00p).

 

The final dividend, which is subject to shareholders' approval at the AGM to
be held on 4 June 2025, will be paid on 10 July 2025 to shareholders who are
on the register of members at the close of business on 20 June 2025. The
ex-dividend date is 19 June 2025.

 

 

 For further information, contact:

 Mears Group PLC                    Tel: +44(0)1452 634 600
 Andrew Smith
 Lucas Critchley

 Deutsche Numis                     Tel: +44(0)207 260 1000
 Julian Cater
 Kevin Cruickshank

 Panmure Liberum                    Tel: +44(0)207 886 2500
 Tom Scrivens
 James Sinclair-Ford

 

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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