Unite Group PLC (The) RESULTS OF SCRIP DIVIDEND ELECTION (4664L)
May 13 2022 - 6:30AM
UK Regulatory
TIDMUTG
RNS Number : 4664L
Unite Group PLC (The)
13 May 2022
THE UNITE GROUP PLC (the "Company")
13 May 2022
RESULTS OF SCRIP DIVIDEND ELECTION - 2021 FINAL DIVIDEND
Scrip Scheme elections were received in respect of 61,476,109
shares representing a take up of approximately 15.40% of the
Company's share capital. This will result in the issue of 764,622
new ordinary shares (approximately 0.19% of the current issued
share capital). These shares will be issued at a price of 1142.60
pence each (this being the Scrip Reference Share Price announced on
25 April 2022). 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 20 May 2022.
Following the issue of these shares, the total number of shares
in issue and voting rights in the Company will be 400,076,561 with
effect from 20 May 2022. 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 20 May 2022.
Details of the scrip scheme can be found on the Company's
website at
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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END
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