REG - Unite Group PLC - Admission of New Shares &Transaction in Own Shares
29/01/2026 07:00
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RNS Number : 8136Q Unite Group PLC (The) 29 January 2026
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, IN, INTO OR
FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE
RELEVANT LAWS OR REGULATIONS OF THAT JURISDICTION.
FOR IMMEDIATE RELEASE
29 January 2026
RECOMMENDED CASH AND SHARE ACQUISITION
of
EMPIRIC STUDENT PROPERTY PLC ("EMPIRIC")
by
THE UNITE GROUP PLC ("UNITE")
by means of a Court-sanctioned scheme of arrangement
under Part 26 of the Companies Act 2006
Admission of New Unite Shares and Transaction in Own Shares
Admission of New Unite Shares
Unite is pleased to confirm that 56,547,696 new ordinary shares with a nominal
value of 25 pence each (the "New Unite Shares") are to be admitted to trading
on the Main Market of the London Stock Exchange, with effect from 8.00 a.m.
today, 29 January 2026.
Transaction in Own Shares
Unite further announces that, in accordance with the terms of the share
buyback programme (the "Buyback Programme") announced on 9 January 2026, the
Company has purchased the following number of its ordinary shares of 25 pence
each (the "Ordinary Shares") through Deutsche Bank AG, London branch:
Date of purchase: 28 January 2026
Number of Ordinary Shares purchased: 124,273
Lowest price paid per share (GBp): 570.50
Highest price paid per share (GBp): 575.50
Volume weighted average price paid (GBp): 573.7036
The purchased Ordinary Shares will be cancelled.
Since the announcement of the Buyback Programme on 9 January 2026, Unite has
purchased 2,099,682 Ordinary Shares in aggregate for cancellation.
In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 as it
applies in the UK (the Market Abuse Regulation), the table at the end of this
announcement contains detailed information of the individual trades made by
Deutsche Bank AG, London branch on behalf of Unite on 28 January 2026 as part
of the Buyback Programme.
Unite's Issued Share Capital
Following the admission of the New Unite Shares and the settlement of the
above purchases and cancellation of the purchased Ordinary Shares, Unite's
total number of Ordinary Shares in issue shall be 544,491,585 Ordinary Shares,
each with one voting right and admitted to trading on the Main Market of the
London Stock Exchange under the ISIN code GB0006928617. This information may
be used by shareholders to determine whether they are required to notify their
interest, or a change to their interest, in Unite under the FCA's Disclosure
Guidance and Transparency Rules.
Enquiries:
Unite +44 (0) 117 302 7005
Joe Lister (Chief Executive Officer)
Michael Burt (Chief Financial Officer)
Saxon Ridley (Head of IR and Investment Finance)
Aggregated information of Ordinary Shares purchased according to each trading
venue:
Venue Weighted average price paid per share (GBp) Aggregate number of shares purchased Lowest price paid per share (GBp) Highest price paid per share (GBp)
London Stock Exchange 573.6269 76,884 570.50 575.50
Chi-X (CXE) 573.9662 18,790 572.50 575.50
BATS (BXE) 573.7372 28,599 572.00 575.50
Individual Transactions:
Number of ordinary shares purchased Transaction price Time of transaction Transaction reference number Trading venue
(pence)
247 570.50 08:17:55 00078863329TRLO0 XLON
1915 570.50 08:17:55 00078863330TRLO0 XLON
249 572.50 08:30:57 00078863693TRLO0 XLON
2092 573.50 08:33:33 00078863769TRLO0 XLON
2071 573.50 08:33:56 00078863788TRLO0 XLON
2068 573.50 08:34:46 00078863806TRLO0 XLON
156 573.00 08:34:47 00078863807TRLO0 XLON
784 573.50 08:37:00 00078863862TRLO0 XLON
1591 573.50 08:37:00 00078863863TRLO0 XLON
232 573.50 08:37:00 00078863864TRLO0 XLON
1225 573.50 08:37:44 00078863883TRLO0 XLON
2034 574.00 08:42:11 00078864034TRLO0 XLON
1956 573.50 08:42:11 00078864035TRLO0 XLON
1954 573.00 08:52:46 00078864443TRLO0 XLON
1713 573.00 09:00:43 00078864785TRLO0 BATE
1885 573.00 09:00:43 00078864784TRLO0 CHIX
1972 572.50 09:11:24 00078865108TRLO0 XLON
1989 572.00 09:28:00 00078865578TRLO0 XLON
1872 572.00 09:28:00 00078865577TRLO0 BATE
1909 572.50 09:44:33 00078865972TRLO0 BATE
350 572.50 09:44:33 00078865971TRLO0 CHIX
1825 574.00 09:55:18 00078866362TRLO0 XLON
643 574.00 09:55:18 00078866361TRLO0 CHIX
997 574.00 09:55:18 00078866363TRLO0 CHIX
2068 574.00 10:07:27 00078866685TRLO0 XLON
1901 573.00 10:15:37 00078866896TRLO0 XLON
1746 573.00 10:15:37 00078866894TRLO0 BATE
1992 573.00 10:15:37 00078866895TRLO0 CHIX
666 572.50 10:41:31 00078867707TRLO0 XLON
1420 572.50 10:41:31 00078867708TRLO0 XLON
987 573.50 10:58:38 00078868313TRLO0 BATE
1698 573.50 10:59:05 00078868318TRLO0 XLON
395 573.50 10:59:05 00078868319TRLO0 XLON
769 573.50 10:59:05 00078868317TRLO0 BATE
1998 574.00 12:29:35 00078871255TRLO0 XLON
1773 574.00 12:29:35 00078871257TRLO0 XLON
2078 574.00 12:29:35 00078871259TRLO0 XLON
1796 574.00 12:29:35 00078871260TRLO0 XLON
2160 574.00 12:29:35 00078871261TRLO0 XLON
2008 574.00 12:29:35 00078871262TRLO0 XLON
1962 574.00 12:29:35 00078871253TRLO0 BATE
1932 574.00 12:29:35 00078871256TRLO0 BATE
1657 574.00 12:29:35 00078871254TRLO0 CHIX
1854 574.00 12:29:35 00078871258TRLO0 CHIX
1672 573.50 12:29:35 00078871263TRLO0 BATE
1828 574.00 13:44:43 00078873541TRLO0 BATE
836 574.00 13:44:43 00078873542TRLO0 BATE
334 575.00 14:41:21 00078875702TRLO0 XLON
138 575.00 14:41:39 00078875730TRLO0 BATE
196 575.00 14:41:39 00078875731TRLO0 BATE
278 575.00 14:41:50 00078875764TRLO0 CHIX
126 575.00 14:41:50 00078875765TRLO0 CHIX
2548 574.50 14:43:05 00078875849TRLO0 XLON
1812 574.50 14:43:05 00078875848TRLO0 CHIX
2038 574.00 14:44:21 00078875934TRLO0 XLON
2607 574.00 14:44:30 00078875943TRLO0 XLON
76 574.00 14:44:30 00078875944TRLO0 XLON
1804 574.00 14:44:33 00078875949TRLO0 XLON
1870 574.00 14:46:01 00078876026TRLO0 XLON
1802 573.50 14:48:26 00078876134TRLO0 XLON
2093 573.50 14:48:26 00078876135TRLO0 XLON
1818 573.50 14:48:26 00078876133TRLO0 BATE
1794 573.00 14:48:26 00078876136TRLO0 XLON
1918 572.00 14:50:43 00078876309TRLO0 XLON
2154 573.00 14:56:37 00078876596TRLO0 XLON
1815 573.00 14:58:20 00078876664TRLO0 BATE
1893 573.00 14:58:20 00078876665TRLO0 CHIX
1797 574.00 15:05:34 00078877020TRLO0 XLON
1648 574.00 15:05:34 00078877019TRLO0 BATE
1989 574.00 15:14:26 00078877725TRLO0 XLON
1597 574.00 15:14:26 00078877724TRLO0 CHIX
216 574.00 15:14:26 00078877733TRLO0 CHIX
156 575.50 15:23:19 00078878378TRLO0 BATE
435 575.00 15:23:19 00078878379TRLO0 XLON
1 575.00 15:23:19 00078878380TRLO0 XLON
1461 575.00 15:24:45 00078878463TRLO0 XLON
1945 575.00 15:24:45 00078878461TRLO0 BATE
1769 575.00 15:24:45 00078878462TRLO0 CHIX
2153 574.50 15:24:45 00078878464TRLO0 XLON
2018 575.00 15:33:36 00078878813TRLO0 BATE
1080 575.50 15:45:15 00078879325TRLO0 BATE
38 575.50 15:46:06 00078879351TRLO0 BATE
521 575.50 15:46:06 00078879352TRLO0 BATE
1767 575.50 15:47:51 00078879395TRLO0 XLON
1922 575.50 15:47:51 00078879397TRLO0 XLON
13 575.50 15:47:51 00078879394TRLO0 CHIX
1 575.50 15:47:51 00078879396TRLO0 CHIX
1131 575.50 15:47:51 00078879398TRLO0 CHIX
5 575.50 15:55:01 00078879706TRLO0 CHIX
3 575.50 15:59:40 00078879879TRLO0 CHIX
565 575.50 16:15:46 00078880564TRLO0 CHIX
3 575.50 16:22:33 00078880923TRLO0 CHIX
Notes regarding New Unite Shares
The New Unite Shares have not been and will not be registered under the US
Securities Act or under the relevant securities laws of any state or territory
or other jurisdiction of the United States or the relevant securities laws of
Japan and the relevant clearances have not been, and will not be, obtained
from the securities commission of any province of Canada. No prospectus in
relation to the New Unite Shares has been, or will be, lodged with, or
registered by, the Australian Securities and Investments Commission.
Accordingly, the New Unite Shares are not being, and may not be, offered,
sold, resold, delivered or distributed, directly or indirectly in or into a
Restricted Jurisdiction or any other jurisdiction if to do so would constitute
a violation of relevant laws of, or require registration thereof in, such
jurisdiction (except pursuant to an exemption, if available, from any
applicable registration requirements or otherwise in compliance with all
applicable laws).
The New Unite Shares have not been and will not be registered under the US
Securities Act, or under the securities laws of any state or other
jurisdiction of the United States, and may not be offered or sold in the
United States absent registration under the US Securities Act, or pursuant to
an exemption from, or in a transaction not subject to, such registration
requirements and in compliance with any applicable securities laws of any
state or other jurisdiction of the United States. The New Unite Shares will be
issued in reliance upon the exemption from the registration requirements of
the US Securities Act provided by Section 3(a)(10) thereof. For the purpose of
qualifying for the exemption provided by Section 3(a)(10) of the US Securities
Act, Unite has advised the Court that its sanctioning of the Scheme will be
relied on by Unite for the purposes of a Section 3(a)(10) exemption following
a hearing on the fairness of the Scheme to Empiric Shareholders.
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. END MSCFVLLLQFLFBBX
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