Business
Admission of New Shares &Transaction in Own Shares
Unite Group PLC has announced the admission of 56,547,696 new ordinary shares to the London Stock Exchange, effective January 29, 2026, as part of its recommended cash and share acquisition of Empiric Student Property PLC. Additionally, Unite repurchased 124,273 of its own ordinary shares on January 28, 2026, at an average price of 573.70 pence per share, bringing the total repurchased shares for cancellation since January 9, 2026, to 2,099,682. Following these transactions, Unite's total issued share capital stands at 544,491,585 ordinary shares. Disclaimer*
About this update from Unite Group Plc
[{"type":"text","content":"\n\nNOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF THAT JURISDICTION.\nFOR IMMEDIATE RELEASE\n 29 January 2026\n \nRECOMMENDED CASH AND SHARE ACQUISITION\nof\nEMPIRIC STUDENT PROPERTY PLC (\"EMPIRIC\")\nby\nTHE UNITE GROUP PLC (\"UNITE\")\nby means of a Court-sanctioned scheme of arrangement\nunder Part 26 of the Companies Act 2006\nAdmission of New Unite Shares and Transaction in Own Shares\n \nAdmission of New Unite Shares\n \nUnite is pleased to confirm that 56,547,696 new ordinary shares with a nominal value of 25 pence each (the \"New Unite Shares\") are to be admitted to trading on the Main Market of the London Stock Exchange, with effect from 8.00 a.m. today, 29 January 2026.\n \nTransaction in Own Shares\n \nUnite further announces that, in accordance with the terms of the share buyback programme (the \"Buyback Programme\") announced on 9 January 2026, the Company has purchased the following number of its ordinary shares of 25 pence each (the \"Ordinary Shares\") through Deutsche Bank AG, London branch:\n \n\n\n\n\nDate of purchase:\n\n\n28 January 2026\n\n\n\n\nNumber of Ordinary Shares purchased:\n\n\n124,273\n\n\n\n\nLowest price paid per share (GBp):\n\n\n570.50\n\n\n\n\nHighest price paid per share (GBp):\n\n\n575.50\n\n\n\n\nVolume weighted average price paid (GBp):\n\n\n573.7036\n\n\n\n\n \nThe purchased Ordinary Shares will be cancelled.\n \nSince the announcement of the Buyback Programme on 9 January 2026, Unite has purchased 2,099,682 Ordinary Shares in aggregate for cancellation.\n \nIn accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 as it applies in the UK (the Market Abuse Regulation), the table at the end of this announcement contains detailed information of the individual trades made by Deutsche Bank AG, London branch on behalf of Unite on 28 January 2026 as part of the Buyback Programme.\n \nUnite's Issued Share Capital\n \nFollowing the admission of the New Unite Shares and the settlement of the above purchases and cancellation of the purchased Ordinary Shares, Unite's total number of Ordinary Shares in issue shall be 544,491,585 Ordinary Shares, each with one voting right and admitted to trading on th...