THE UNITE GROUP PLC (the "Company")

21 April 2023

SCRIP REFERENCE SHARE PRICE - 2022 FINAL DIVIDEND

On 28 February 2023 the Company announced its 31 December 2022 year end results and that it would be paying a 2022 final dividend of 21.7 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 938.80 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 13 April 2023 to 19 April 2023 (inclusive).

The deadline for application for the Scrip Scheme in respect of this dividend is 5 pm (London time) on 4 May 2023.  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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