15th May 2026 11:21
15 May 2026
THE UNITE GROUP PLC (the "Company")
RESULTS OF THE 2026 ANNUAL GENERAL MEETING
The Unite Group plc announces that all resolutions put to the Annual General Meeting (AGM) held today, 15 May 2026, were passed on a poll. The results for each resolution are detailed below:
For | Against | |||||
Resolution | Votes1 | % Votes Cast | Votes | % Votes Cast | Votes Withheld 2 | |
1 | ANNUAL REPORT & ACCOUNTS | 415,345,684 | 99.99 | 48,869 | 0.01 | 2,216,343 |
2 | ANNUAL REPORT ON REMUNERATION | 409,647,426 | 99.32 | 2,786,057 | 0.68 | 5,177,413 |
3 | DECLARE 2025 FINAL DIVIDEND | 417,532,383 | 99.98 | 66,430 | 0.02 | 12,083 |
4 | RE-ELECT R HUNTINGFORD | 405,455,849 | 98.30 | 7,009,836 | 1.70 | 5,145,211 |
5 | RE-ELECT J LISTER | 412,891,293 | 99.61 | 1,625,937 | 0.39 | 3,093,666 |
6 | RE-ELECT M BURT | 411,492,841 | 99.27 | 3,023,623 | 0.73 | 3,094,432 |
7 | RE-ELECT R PATERSON | 366,099,692 | 88.32 | 48,415,668 | 11.68 | 3,095,536 |
8 | RE-ELECT I DEL BEATO | 410,877,899 | 99.12 | 3,639,161 | 0.88 | 3,093,836 |
9 | RE-ELECT S PEARCE | 408,813,171 | 99.12 | 3,629,036 | 0.88 | 5,168,689 |
10 | RE-ELECT T JACKSON | 395,407,577 | 95.39 | 19,109,805 | 4.61 | 3,093,514 |
11 | RE-ELECT S SMITH | 410,885,577 | 99.12 | 3,631,209 | 0.88 | 3,094,110 |
12 | RE-ELECT N DULIEU | 410,432,427 | 99.01 | 4,083,103 | 0.99 | 3,095,366 |
13 | RE-ELECT A JAIN | 410,885,859 | 99.12 | 3,631,201 | 0.88 | 3,093,836 |
14 | REAPPOINT AUDITOR | 376,618,127 | 90.19 | 40,974,372 | 9.81 | 18,397 |
15 | AUDITOR REMUNERATION | 414,444,444 | 99.24 | 3,156,380 | 0.76 | 10,072 |
16 | AUTHORITY TO ALLOT SHARES | 370,750,395 | 89.44 | 43,778,760 | 10.56 | 3,081,741 |
17 | AUTHORITY TO DISAPPLY PRE-EMPTION RIGHTS | 399,785,429 | 96.44 | 14,738,883 | 3.56 | 3,086,584 |
18 | AUTHORITY TO DISAPPLY PRE-EMPTION RIGHTS FOR AN ACQUISITION OR CAPITAL INVESTMENT | 364,572,105 | 87.95 | 49,950,271 | 12.05 | 3,088,520 |
19 | AUTHORITY TO PURCHASE OWN SHARES | 398,993,932 | 95.59 | 18,418,356 | 4.41 | 198,608 |
20 | CALL GENERAL MEETING ON 14 DAYS' NOTICE | 375,432,730 | 90.57 | 39,096,534 | 9.43 | 3,081,632 |
21 | Ratification of Interim Dividends and Deeds of Release | 406,150,205 | 99.99 | 51,896 | 0.01 | 11,408,795 |
1 Includes those votes giving the Chairman discretion.
2 A "Vote Withheld" is not a vote in law and is not counted in the calculation of "For" and "Against" a resolution.
Following the passing of Resolution 21, and as described in the Notice of AGM published by the Company on 26 March 2026, the Company has today entered into a deed of release in respect of its shareholders and a deed of release in respect of the current directors and a former director of the Company in office at the time (the "Relevant Directors").
As set out in the Notice of AGM, the Company identified a technical issue in respect of the payment of the 2023, 2024 and 2025 interim dividends (the "Relevant Dividends") such that a portion of the Relevant Dividends were paid without the requisite interim accounts being prepared and filed with the Registrar of Companies at Companies House. The deeds of release approved at the AGM today release the shareholders who received the Relevant Dividends and the Relevant Directors from any claims that the Company may have had against them.
The entry by the Company into a deed of release in respect of the claims it may have had against the Relevant Directors constitutes a related party transaction (the "Related Party Transaction") pursuant to UK Listing Rules 8.1.7R and 8.2.1R because the directors named in Resolutions 4 to 13 above and a former director in office at the time (Richard Smith) are related parties for the purposes of the UK Listing Rules.
In the opinion of the Board, which has been so advised by Deutsche Bank AG, London branch acting as Sponsor, the Related Party Transaction is fair and reasonable as far as shareholders of the Company are concerned.
Maximum number of shares represented by proxy: 417,600,824
Number of ordinary shares in issue as at the AGM (no shares held in treasury): 525,777,391
All resolutions were passed as ordinary resolutions, except resolutions 17 to 21 which were passed as special resolutions.
Pursuant to UK Listing Rule 6.4.2R, copies of all resolutions, other than those concerning ordinary business, adopted at the AGM will be shortly submitted to the National Storage Mechanism and will be available for inspection at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
The full text of the resolutions passed at the AGM can be found in the Notice of AGM, which is available alongside the AGM results on the Company's website at http://www.unitegroup.com.
END
For further information, please contact:
Unite Students Christopher Szpojnarowicz, Company Secretary
|
Tel: +44 117 302 7005 |
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