REG - Unite Group PLC - RESULTS OF SCRIP DIVIDEND ELECTION

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Yesterday 15:30

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RNS Number : 8819I  Unite Group PLC (The)  15 May 2025

THE UNITE GROUP PLC (the "Company")

 

15 May 2025

 

RESULTS OF SCRIP DIVIDEND ELECTION - 2024 FINAL DIVIDEND

 

Scrip Dividend elections were received in respect of 22,648,590 shares
representing a take up of approximately 4.63% of the Company's share capital.
This will result in the issue of 544,183 new ordinary shares (approximately
0.11% of the current issued share capital). These shares will be issued at a
price of 867.7 pence each (this being the Scrip Reference Share Price
announced on 28 April 2025). 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 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 30 May 2025.

 

Following the issue of these shares, the total number of shares in issue and
voting rights in the Company will be 489,352,205 with effect from 30 May 2025.
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
30 May 2025.

 

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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