REG - Unite Group PLC - Result of AGM

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RNS Number : 5573E  Unite Group PLC (The)  15 May 2026

15 May 2026

 

THE UNITE GROUP PLC (the "Company")

 

RESULTS OF THE 2026 ANNUAL GENERAL MEETING

 

The Unite Group plc announces that all resolutions put to the Annual General
Meeting (AGM) held today, 15 May 2026, were passed on a poll.  The results
for each resolution are detailed below:

 

                                                                             For                        Against
     Resolution                                                              Votes(1)     % Votes Cast  Votes       % Votes Cast  Votes Withheld (2)
 1   ANNUAL REPORT & ACCOUNTS                                                415,345,684  99.99         48,869      0.01          2,216,343
 2   ANNUAL REPORT ON REMUNERATION                                           409,647,426  99.32         2,786,057   0.68          5,177,413
 3   DECLARE 2025 FINAL DIVIDEND                                             417,532,383  99.98         66,430      0.02          12,083
 4   RE-ELECT R HUNTINGFORD                                                  405,455,849  98.30         7,009,836   1.70          5,145,211
 5   RE-ELECT J LISTER                                                       412,891,293  99.61         1,625,937   0.39          3,093,666
 6   RE-ELECT M BURT                                                         411,492,841  99.27         3,023,623   0.73          3,094,432
 7   RE-ELECT R PATERSON                                                     366,099,692  88.32         48,415,668  11.68         3,095,536
 8   RE-ELECT I DEL BEATO                                                    410,877,899  99.12         3,639,161   0.88          3,093,836
 9   RE-ELECT S PEARCE                                                       408,813,171  99.12         3,629,036   0.88          5,168,689
 10  RE-ELECT T JACKSON                                                      395,407,577  95.39         19,109,805  4.61          3,093,514
 11  RE-ELECT S SMITH                                                        410,885,577  99.12         3,631,209   0.88          3,094,110
 12  RE-ELECT N DULIEU                                                       410,432,427  99.01         4,083,103   0.99          3,095,366
 13  RE-ELECT A JAIN                                                         410,885,859  99.12         3,631,201   0.88          3,093,836
 14  REAPPOINT AUDITOR                                                       376,618,127  90.19         40,974,372  9.81          18,397
 15  AUDITOR REMUNERATION                                                    414,444,444  99.24         3,156,380   0.76          10,072
 16  AUTHORITY TO ALLOT SHARES                                               370,750,395  89.44         43,778,760  10.56         3,081,741
 17  AUTHORITY TO DISAPPLY PRE-EMPTION RIGHTS                                399,785,429  96.44         14,738,883  3.56          3,086,584
 18  AUTHORITY TO DISAPPLY PRE-EMPTION RIGHTS FOR AN ACQUISITION OR CAPITAL  364,572,105  87.95         49,950,271  12.05         3,088,520
     INVESTMENT
 19  AUTHORITY TO PURCHASE OWN SHARES                                        398,993,932  95.59         18,418,356  4.41          198,608
 20  CALL GENERAL MEETING ON 14 DAYS' NOTICE                                 375,432,730  90.57         39,096,534  9.43          3,081,632
 21  Ratification of Interim Dividends and Deeds of Release                  406,150,205  99.99         51,896      0.01          11,408,795

 

(1) Includes those votes giving the Chairman discretion.

(2) A "Vote Withheld" is not a vote in law and is not counted in the
calculation of "For" and "Against" a resolution.

 

 

Following the passing of Resolution 21, and as described in the Notice of AGM
published by the Company on 26 March 2026, the Company has today entered into
a deed of release in respect of its shareholders and a deed of release in
respect of the current directors and a former director of the Company in
office at the time (the "Relevant Directors").

 

As set out in the Notice of AGM, the Company identified a technical issue in
respect of the payment of the 2023, 2024 and 2025 interim dividends (the
"Relevant Dividends") such that a portion of the Relevant Dividends were paid
without the requisite interim accounts being prepared and filed with the
Registrar of Companies at Companies House.  The deeds of release approved at
the AGM today release the shareholders who received the Relevant Dividends and
the Relevant Directors from any claims that the Company may have had against
them.

 

The entry by the Company into a deed of release in respect of the claims it
may have had against the Relevant Directors constitutes a related party
transaction (the "Related Party Transaction") pursuant to UK Listing Rules
8.1.7R and 8.2.1R because the directors named in Resolutions 4 to 13 above and
a former director in office at the time (Richard Smith) are related parties
for the purposes of the UK Listing Rules.

 

In the opinion of the Board, which has been so advised by Deutsche Bank AG,
London branch acting as Sponsor, the Related Party Transaction is fair and
reasonable as far as shareholders of the Company are concerned.

 

Maximum number of shares represented by proxy: 417,600,824

 

Number of ordinary shares in issue as at the AGM (no shares held in treasury):
525,777,391

 

All resolutions were passed as ordinary resolutions, except resolutions 17 to
21 which were passed as special resolutions.

 

Pursuant to UK Listing Rule 6.4.2R, copies of all resolutions, other than
those concerning ordinary business, adopted at the AGM will be shortly
submitted to the National Storage Mechanism and will be available for
inspection at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism
(https://data.fca.org.uk/#/nsm/nationalstoragemechanism) .

 

The full text of the resolutions passed at the AGM can be found in the Notice
of AGM, which is available alongside the AGM results on the Company's website
at http://www.unitegroup.com (http://www.unitegroup.com) .

 

END

 

For further information, please contact:

 Unite Students

 Christopher Szpojnarowicz, Company Secretary   Tel: +44 117 302 7005

 

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