Unite Group PLC (The) RESULTS OF SCRIP DIVIDEND ELECTION (5982Y)
14 Mayo 2021 - 1:00AM
UK Regulatory
TIDMUTG
RNS Number : 5982Y
Unite Group PLC (The)
14 May 2021
THE UNITE GROUP PLC (the "Company")
14 May 2021
RESULTS OF SCRIP DIVIDEND ELECTION - 2020 FINAL DIVIDEND
Scrip Scheme elections were received in respect of 70,854,836
shares representing a take up of approximately 17.79% of the
Company's share capital. This will result in the issue of 746,379
new ordinary shares (approximately 0.19% of the current issued
share capital). These shares will be issued at a price of 1,128.30
pence each and 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 21 May 2021.
Following the issue of these shares, the total number of shares
in issue and voting rights in the Company will be 398,978,320 with
effect from 21 May 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 21 May 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
About Unite Students
Unite Students is the UK's largest owner, manager and developer
of purpose-built student accommodation, serving the country's
world-leading Higher Education sector. We provide homes to 74,000
students across 173 properties in 25 leading University towns and
cities. We currently partner with over 60 Universities across the
UK.
Our people are driven by a common purpose: to provide a 'Home
for Success' for the students who live with us. Unite's
accommodation is safe and secure, high quality and affordable.
Students live predominantly in ensuite study bedrooms, with rents
covering all bills, insurance, 24-hour security and high-speed
Wi-Fi. We also hold a five-star British Safety Council audit
rating.
Founded in 1991 in Bristol, Unite Group is an award-winning Real
Estate Investment Trust (REIT), listed on the London Stock Exchange
and a member of the FTSE 250 Index. Unite is invested in and
operates two specialist funds and joint ventures with institutional
investment partners: the GBP3 billion Unite UK Student
Accommodation Fund (USAF) and the GBP1 billion London Student
Accommodation Vehicle (LSAV).
For more information, visit:
Unite's corporate website www.unite-group.co.uk
The student site www.unitestudents.com
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END
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