Company Announcements

RESULTS OF SCRIP DIVIDEND ELECTION

Source: RNS
RNS Number : 7157P
Unite Group PLC (The)
20 October 2021
 

THE UNITE GROUP PLC (the "Company")

 

20 October 2021

 

RESULTS OF SCRIP DIVIDEND ELECTION - 2021 INTERIM DIVIDEND

 

Scrip Scheme elections were received in respect of 9,648,943 shares representing a take up of approximately 2.42% of the Company's share capital. This will result in the issue of 43,548 new ordinary shares (approximately 0.01% of the current issued share capital).  These shares will be issued at a price of 1162 pence each (this being the Scrip Reference Share Price announced on 23 September 2021). 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 29 October 2021.

 

Following the issue of these shares, the total number of shares in issue and voting rights in the Company will be 399,036,137 with effect from 29 October 2021. 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 29 October 2021.

 

Details of the scrip scheme can be found on the Company's website at www.unite-group.co.uk/investors/scrip-dividend-scheme.

-ENDS-

 

For further information, please contact:

 

 

Unite Students

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

                                    

 

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