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Admission of New Shares &Transaction in Own Shares

29th Jan 2026 07:00

RNS Number : 8136Q
Unite Group PLC (The)
29 January 2026
 

NOT 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.

FOR IMMEDIATE RELEASE

29 January 2026

 

RECOMMENDED CASH AND SHARE ACQUISITION

of

EMPIRIC STUDENT PROPERTY PLC ("EMPIRIC")

by

THE UNITE GROUP PLC ("UNITE")

by means of a Court-sanctioned scheme of arrangement

under Part 26 of the Companies Act 2006

Admission of New Unite Shares and Transaction in Own Shares

 

Admission of New Unite Shares

 

Unite 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.

 

Transaction in Own Shares

 

Unite 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:

 

Date of purchase:

28 January 2026

Number of Ordinary Shares purchased:

124,273

Lowest price paid per share (GBp):

570.50

Highest price paid per share (GBp):

575.50

Volume weighted average price paid (GBp):

573.7036

 

The purchased Ordinary Shares will be cancelled.

 

Since the announcement of the Buyback Programme on 9 January 2026, Unite has purchased 2,099,682 Ordinary Shares in aggregate for cancellation.

 

In 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.

 

Unite's Issued Share Capital

 

Following 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 the Main Market of the London Stock Exchange under the ISIN code GB0006928617. This information may be used by shareholders to determine whether they are required to notify their interest, or a change to their interest, in Unite under the FCA's Disclosure Guidance and Transparency Rules.

 

Enquiries:

 

Unite

+44 (0) 117 302 7005

Joe Lister (Chief Executive Officer)

Michael Burt (Chief Financial Officer)

Saxon Ridley (Head of IR and Investment Finance)

 

 

 

 

Aggregated information of Ordinary Shares purchased according to each trading venue:

 

Venue

Weighted average price paid per share (GBp)

Aggregate number of shares purchased

Lowest price paid per share (GBp)

Highest price paid per share (GBp)

London Stock Exchange

573.6269

76,884

570.50

575.50

Chi-X (CXE)

573.9662

18,790

572.50

575.50

BATS (BXE)

573.7372

28,599

572.00

575.50

 

Individual Transactions:

 

Number of ordinary shares purchased

Transaction price(pence)

Time of transaction

Transaction reference number

Trading venue

247

570.50

 08:17:55

00078863329TRLO0

XLON

1915

570.50

 08:17:55

00078863330TRLO0

XLON

249

572.50

 08:30:57

00078863693TRLO0

XLON

2092

573.50

 08:33:33

00078863769TRLO0

XLON

2071

573.50

 08:33:56

00078863788TRLO0

XLON

2068

573.50

 08:34:46

00078863806TRLO0

XLON

156

573.00

 08:34:47

00078863807TRLO0

XLON

784

573.50

 08:37:00

00078863862TRLO0

XLON

1591

573.50

 08:37:00

00078863863TRLO0

XLON

232

573.50

 08:37:00

00078863864TRLO0

XLON

1225

573.50

 08:37:44

00078863883TRLO0

XLON

2034

574.00

 08:42:11

00078864034TRLO0

XLON

1956

573.50

 08:42:11

00078864035TRLO0

XLON

1954

573.00

 08:52:46

00078864443TRLO0

XLON

1713

573.00

 09:00:43

00078864785TRLO0

BATE

1885

573.00

 09:00:43

00078864784TRLO0

CHIX

1972

572.50

 09:11:24

00078865108TRLO0

XLON

1989

572.00

 09:28:00

00078865578TRLO0

XLON

1872

572.00

 09:28:00

00078865577TRLO0

BATE

1909

572.50

 09:44:33

00078865972TRLO0

BATE

350

572.50

 09:44:33

00078865971TRLO0

CHIX

1825

574.00

 09:55:18

00078866362TRLO0

XLON

643

574.00

 09:55:18

00078866361TRLO0

CHIX

997

574.00

 09:55:18

00078866363TRLO0

CHIX

2068

574.00

 10:07:27

00078866685TRLO0

XLON

1901

573.00

 10:15:37

00078866896TRLO0

XLON

1746

573.00

 10:15:37

00078866894TRLO0

BATE

1992

573.00

 10:15:37

00078866895TRLO0

CHIX

666

572.50

 10:41:31

00078867707TRLO0

XLON

1420

572.50

 10:41:31

00078867708TRLO0

XLON

987

573.50

 10:58:38

00078868313TRLO0

BATE

1698

573.50

 10:59:05

00078868318TRLO0

XLON

395

573.50

 10:59:05

00078868319TRLO0

XLON

769

573.50

 10:59:05

00078868317TRLO0

BATE

1998

574.00

 12:29:35

00078871255TRLO0

XLON

1773

574.00

 12:29:35

00078871257TRLO0

XLON

2078

574.00

 12:29:35

00078871259TRLO0

XLON

1796

574.00

 12:29:35

00078871260TRLO0

XLON

2160

574.00

 12:29:35

00078871261TRLO0

XLON

2008

574.00

 12:29:35

00078871262TRLO0

XLON

1962

574.00

 12:29:35

00078871253TRLO0

BATE

1932

574.00

 12:29:35

00078871256TRLO0

BATE

1657

574.00

 12:29:35

00078871254TRLO0

CHIX

1854

574.00

 12:29:35

00078871258TRLO0

CHIX

1672

573.50

 12:29:35

00078871263TRLO0

BATE

1828

574.00

 13:44:43

00078873541TRLO0

BATE

836

574.00

 13:44:43

00078873542TRLO0

BATE

334

575.00

 14:41:21

00078875702TRLO0

XLON

138

575.00

 14:41:39

00078875730TRLO0

BATE

196

575.00

 14:41:39

00078875731TRLO0

BATE

278

575.00

 14:41:50

00078875764TRLO0

CHIX

126

575.00

 14:41:50

00078875765TRLO0

CHIX

2548

574.50

 14:43:05

00078875849TRLO0

XLON

1812

574.50

 14:43:05

00078875848TRLO0

CHIX

2038

574.00

 14:44:21

00078875934TRLO0

XLON

2607

574.00

 14:44:30

00078875943TRLO0

XLON

76

574.00

 14:44:30

00078875944TRLO0

XLON

1804

574.00

 14:44:33

00078875949TRLO0

XLON

1870

574.00

 14:46:01

00078876026TRLO0

XLON

1802

573.50

 14:48:26

00078876134TRLO0

XLON

2093

573.50

 14:48:26

00078876135TRLO0

XLON

1818

573.50

 14:48:26

00078876133TRLO0

BATE

1794

573.00

 14:48:26

00078876136TRLO0

XLON

1918

572.00

 14:50:43

00078876309TRLO0

XLON

2154

573.00

 14:56:37

00078876596TRLO0

XLON

1815

573.00

 14:58:20

00078876664TRLO0

BATE

1893

573.00

 14:58:20

00078876665TRLO0

CHIX

1797

574.00

 15:05:34

00078877020TRLO0

XLON

1648

574.00

 15:05:34

00078877019TRLO0

BATE

1989

574.00

 15:14:26

00078877725TRLO0

XLON

1597

574.00

 15:14:26

00078877724TRLO0

CHIX

216

574.00

 15:14:26

00078877733TRLO0

CHIX

156

575.50

 15:23:19

00078878378TRLO0

BATE

435

575.00

 15:23:19

00078878379TRLO0

XLON

1

575.00

 15:23:19

00078878380TRLO0

XLON

1461

575.00

 15:24:45

00078878463TRLO0

XLON

1945

575.00

 15:24:45

00078878461TRLO0

BATE

1769

575.00

 15:24:45

00078878462TRLO0

CHIX

2153

574.50

 15:24:45

00078878464TRLO0

XLON

2018

575.00

 15:33:36

00078878813TRLO0

BATE

1080

575.50

 15:45:15

00078879325TRLO0

BATE

38

575.50

 15:46:06

00078879351TRLO0

BATE

521

575.50

 15:46:06

00078879352TRLO0

BATE

1767

575.50

 15:47:51

00078879395TRLO0

XLON

1922

575.50

 15:47:51

00078879397TRLO0

XLON

13

575.50

 15:47:51

00078879394TRLO0

CHIX

1

575.50

 15:47:51

00078879396TRLO0

CHIX

1131

575.50

 15:47:51

00078879398TRLO0

CHIX

5

575.50

 15:55:01

00078879706TRLO0

CHIX

3

575.50

 15:59:40

00078879879TRLO0

CHIX

565

575.50

 16:15:46

00078880564TRLO0

CHIX

3

575.50

 16:22:33

00078880923TRLO0

CHIX

 

 

 

Notes regarding New Unite Shares

 

The New Unite Shares have not been and will not be registered under the US Securities Act or under the relevant securities laws of any state or territory or other jurisdiction of the United States or the relevant securities laws of Japan and the relevant clearances have not been, and will not be, obtained from the securities commission of any province of Canada. No prospectus in relation to the New Unite Shares has been, or will be, lodged with, or registered by, the Australian Securities and Investments Commission. Accordingly, the New Unite Shares are not being, and may not be, offered, sold, resold, delivered or distributed, directly or indirectly in or into a Restricted Jurisdiction or any other jurisdiction if to do so would constitute a violation of relevant laws of, or require registration thereof in, such jurisdiction (except pursuant to an exemption, if available, from any applicable registration requirements or otherwise in compliance with all applicable laws).

 

The New Unite Shares have not been and will not be registered under the US Securities Act, or under the securities laws of any state or other jurisdiction of the United States, and may not be offered or sold in the United States absent registration under the US Securities Act, or pursuant to an exemption from, or in a transaction not subject to, such registration requirements and in compliance with any applicable securities laws of any state or other jurisdiction of the United States. The New Unite Shares will be issued in reliance upon the exemption from the registration requirements of the US Securities Act provided by Section 3(a)(10) thereof. For the purpose of qualifying for the exemption provided by Section 3(a)(10) of the US Securities Act, Unite has advised the Court that its sanctioning of the Scheme will be relied on by Unite for the purposes of a Section 3(a)(10) exemption following a hearing on the fairness of the Scheme to Empiric Shareholders.

 

 

 

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END
 
 
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