Preliminary Results for year ended 31 March 2026

Mountview Estates P.L.C.

18 June 2026

MOUNTVIEW ESTATES P.L.C.

Preliminary Results for the year ended 31 March 2026

CHIEF EXECUTIVE OFFICER'S STATEMENT

Every Chief Executive Officer likes to start his statement with news of increased turnover and increased profits but operating in the housing market under this government is not easy.  Turnover is down by less than one half of one percent but Cost of Sales is up by more than eleven percent thus Gross Profit is down by more than eight and a half percent.

This government's professed intention is to promote growth but its every move has stifled growth and so it is left to us to try and reduce this negative effect.  We have managed to contain our administrative expenses to the extent that there is a modest saving in this expense.  Our net finance costs have been reduced by over twenty percent which is in part a reduction in our purchases but to pay too much for our purchases would be a reckless strategy.

Overall our earnings per share are down by less than thirteen and a half percent which enables us to maintain our final dividend at 275 pence per share.  If this proposed dividend of 275 pence per share is approved at the Annual General Meeting to be held on 12 August 2026 it will be payable on 17 August 2026 to shareholders on the register at 10 July 2026.

This proposed dividend gives a total return of 525 pence per share which gives a return of as much as six percent on the present share price.  We are in a good position to make the right purchases at the right price but we will not make purchases that will struggle to make a proper return.  We have a loyal staff and a long-standing shareholder base who should not be sacrificed at the altar of the government's incompetence.  I believe that we have a financially sound company that can prosper in a sound economy.

Duncan Sinclair

18 June 2026

MOUNTVIEW ESTATES P.L.C.

FINANCIAL HIGHLIGHTS

Mountview Estates P.L.C. advises its shareholders that, following the issue of the preliminary results, the relevant dates in respect of the proposed final dividend payment of 275 pence per share are as follows:

CONSOLIDATED INCOME STATEMENT

FOR THE YEAR ENDED 31 MARCH 2026

CONSOLIDATED STATEMENT OF FINANCIAL POSITION

FOR THE YEAR ENDED 31 MARCH 2026

CONSOLIDATED STATEMENT OF CHANGES IN EQUITY

FOR THE YEAR ENDED 31 MARCH 2026

GROUP CASH FLOW STATEMENT

FOR THE YEAR ENDED 31 MARCH 2026

2026 Annual General Meeting (AGM)

The 2026 AGM of the Company will be held on Wednesday 12 August 2026 and details will be set out in the Notice of AGM.

Notes to the Preliminary Announcement

1. Financial Information

The financial information presented within this document does not comprise the statutory financial statements for the financial years ended 31 March 2026 and 31 March 2025 but represents extracts from them.

The statutory financial statements for the financial year ended 31 March 2025 have been filed with the Registrar of Companies. The auditor reported on those financial statements: their report was (i) unqualified, (ii) did not include references to any matters to which the auditor drew attention by way of emphasis without qualifying the reports and (iii) did not contain statements under section 498(2) or (3) of the Companies Act 2006.

The statutory financial statements for the year ended 31 March 2026 are expected to be finalised and signed following approval by the Board of Directors and delivered to the Registrar of Companies following the Company's 2026 AGM on 12 August 2026.

2. Basis of Preparation

The preliminary announcement has been prepared in accordance with UK-Adopted International Accounting Standards but does not contain sufficient information to comply fully with UK-Adopted International Accounting Standards. The Financial Statements to be presented at the 2026 AGM are expected to comply fully with UK-Adopted International Accounting Standards.

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This announcement contains inside information as stipulated under the UK version of the Market Abuse Regulation No 596/2014 which is part of English Law by virtue of the European (Withdrawal) Act 2018, as amended. On publication of this announcement via a Regulatory Information Service, this information is considered to be in the public domain.

For further information on the Company, visit: www.mountviewplc.co.uk

SPARK Advisory Partners Limited (Financial Adviser) www.sparkadvisorypartners.com