TIDMBKG

RNS Number : 2600Q

Berkeley Group Holdings (The) PLC

25 February 2021

25 February 2021

The Berkeley Group Holdings plc

(the "Company")

DIVIDEND DECLARATION

The Directors of the Company are pleased to announce that an interim dividend of 9.13 pence per share will be paid on 19 March 2021 to shareholders on the Company's register of members at close of business on 5 March 2021. The ex-dividend date is 4 March 2021.

The target under the Shareholder Returns Programme for the six months to 31 March 2021 is GBP140,566,108. The table below sets out how the actual return is being made for this period:

 
 Aggregate value of shareholder return              GBP140,566,108 
 Shareholder return satisfied through share         GBP129,336,271 
  buy-backs 
                                                   --------------- 
 Shareholder return to be satisfied as dividends    GBP11,229,837 
                                                   --------------- 
 Number of shares eligible for dividend*            122,940,743 
                                                   --------------- 
 Dividend per share now being declared              9.13 pence 
                                                   ---------------

* Excluding shares held in Treasury and by the Employee Benefit Trust

The Directors also announce that the next GBP140,566,108 shareholder return will be provided by 30 September 2021 through a combination of dividends and share buy-backs. This amount will be increased appropriately in the event that any new shares are issued either from treasury or as newly listed shares. The amount to be paid as a dividend will be announced in August, taking account of any share buy-backs made in the intervening period.

Ann Dibben

Company Secretary

The Berkeley Group Holdings plc

Tel: 01932 868555

Tim Robertson

Novella Communications

Tel: 020 3151 7008

   LEI:      2138009OQSSLVVHQAL78

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END

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February 25, 2021 02:00 ET (07:00 GMT)

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