REG - Unite Group PLC - Results of Scrip Dividend Election

UniteAnnouncement

20/10/2023 14:00

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RNS Number : 8309Q  Unite Group PLC (The)  20 October 2023

THE UNITE GROUP PLC (the "Company")

 

20 October 2023

 

RESULTS OF SCRIP DIVIDEND ELECTION - 2023 INTERIM DIVIDEND

 

Scrip Scheme elections were received in respect of 5,435,560 shares
representing a take up of approximately 1.25% of the Company's share capital.
This will result in the issue of 55,918 new ordinary shares (approximately
0.01% of the current issued share capital).  These shares will be issued at a
price of 918.00 pence each (this being the Scrip Reference Share Price
announced on 22 September 2023). These shares will rank pari passu in all
respects with the Company's existing issued ordinary shares.

Applications will be made to the UK Financial Conduct Authority for these
shares to be admitted to the Premium Segment of the Official List and to the
London Stock Exchange for these shares to be admitted to trading on the Main
Market for listed securities. It is expected that admission will occur on 27
October 2023.

Following the issue of these shares, the total number of shares in issue and
voting rights in the Company will be 435,782,232 with effect from 27 October
2023. This may be used by shareholders as the denominator for the calculations
by which they will determine if they are required to notify their interest in,
or a change to their interest in, the Company under the UK Financial Conduct
Authority's Disclosure Guidance and Transparency Rules.

Share certificates will be posted to certificated shareholders who elected for
scrip dividend shares and shareholders holding shares in CREST, who elected
for scrip dividend shares, will have their CREST accounts credited directly on
27 October 2023.

 

Details of the scrip scheme can be found on the Company's website at

https://www.unitegroup.com/investors/dividends
(https://www.unitegroup.com/investors/dividends) .

 

-ENDS-

 

For further information, please contact:

 

 

Unite Students

Christopher Szpojnarowicz, Company Secretary
                                Tel: +44 117
302 7120

 

 

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