Berkeley Group Holdings (The) PLC Dividend Declaration
February 29 2024 - 1:00AM
RNS Regulatory News
RNS Number : 8456E
Berkeley Group Holdings (The) PLC
29 February 2024
29 February
2024
The Berkeley Group Holdings
plc
(the "Company")
DIVIDEND DECLARATION
The Directors of the Company
announce that an interim dividend of 33.00 pence per share will be
paid on 29 March 2024 to shareholders on the Company's register of
members at close of business on 8 March 2024. The ex-dividend date
is 7 March 2024.
Under the ongoing shareholder
returns programme, the scheduled return for the twelve months to 30
September 2024 is currently £283,172,570 ('Qualifying
Return'). The Qualifying Return can be made through either
dividends or share buy-backs, subject to a dividend underpin of
66.00 pence per share.
The table below sets out the status
of the Qualifying Return following today's interim dividend
announcement:
|
Qualifying Return
|
£283,172,570
|
|
Qualifying Return already satisfied
through share buy-backs
|
£21,442,179
|
|
Qualifying Return to be satisfied as
dividend to be paid on 29 March 2024
|
£34,994,034
|
|
Shares eligible for dividend to be
paid on 29 March 2024 *
|
106,042,527
|
|
Dividend per share now being
declared
|
33.00 pence
|
|
Qualifying Return still to be
satisfied
|
£226,736,357
|
*
Excluding shares held in Treasury and by the Employee Benefit
Trust
To the extent the remaining
Qualifying Return is not delivered by the residual dividend
underpin of 66 pence per share per annum or share buy-backs, the
balance will be returned in September 2024 and will be accompanied
by a share consolidation, unless the balance is deemed de minimis
for these purposes. The Qualifying Return will be increased
appropriately if any new shares are issued either from treasury or
as newly listed shares.
With 106,042,527 shares currently
eligible for distributions, the Qualifying Return equates to £2.67
per share.
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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