THE UNITE GROUP PLC (the "Company")

25 April 2022

SCRIP REFERENCE SHARE PRICE - 2021 FINAL DIVIDEND

On 23 February 2022 the Company announced its 31 December 2021 year end results and that it would be paying a 2021 final dividend of 15.6 pence, fully paid as a Property Income Distribution (PID).

The Unite Scrip Dividend Scheme is being offered to shareholders in respect of this PID, with a Scrip Reference Share Price of 1142.60 pence. This Scrip Reference Share Price is calculated by taking the average of the closing middle market quotation for shares in the Company, derived from the London Stock Exchange Daily Official List, for the five consecutive dealing days from 14 April 2022 to 22 April 2022 (inclusive).

The deadline for application for the Scrip Scheme in respect of this dividend is 5 pm (London time) on 4 May 2022.  The Scrip Circular and terms and conditions are available on the Company's website at http://www.unitegroup.com/investors. 

-ENDS-

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