Berkeley Group Holdings PLC

Notice of Dividend Amount • Aug 11, 2022

National Storage Mechanism | Additional information

RNS Number : 6322V

Berkeley Group Holdings (The) PLC

11 August 2022

11 August 2022

The Berkeley Group Holdings plc

(the "Company")

DIVIDEND DECLARATION

The Directors of the Company are pleased to announce that an interim dividend of 21.25 pence per share will be paid on 9 September 2022 to shareholders on the Company's register of members at close of business on 19 August 2022. The ex-dividend date is 18 August 2022.

The target return under the ongoing Shareholder Returns Programme for the twelve months to 30 September 2022 is £282,237,338 ('Qualifying Return').  In September 2021, the Company made a return to shareholders of £3.71 per share via a B-share Capital Return scheme, which included an accelerated amount of £141,118,669 in respect of the ongoing Shareholder Returns Programme for the six months to 31 March 2022.  Accordingly, the table below sets out how the Qualifying Return is being satisfied: 

Qualifying Return	£282,237,338
Shareholder return for six months to 31 March 2022 accelerated as part of September 2021 B-share Capital Return	£141,118,669
Shareholder return satisfied through share buy-backs	£117,774,630
Shareholder return to be satisfied as dividend to be paid 9 September 2022	£23,344,039
Number of shares eligible for dividend *	109,878,507
Dividend per share now being declared	21.25 pence

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

The Directors also announce that the next £141,118,669 shareholder return will be provided by 31 March 2023 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 prior to the end of February 2023, 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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