Clarification following press article

27 August 2019

U and I Group PLC

U+I clarification following press article

U+I (LSE:UAI), the specialist regeneration developer and investor, advises that following an article in the Irish Independent on 26 August 2019 relating to the major regeneration of the St James's Gate site in Dublin, it understands that Diageo's selection and evaluation process for a potential partner is ongoing.  U+I remains committed to trying to progress this exciting opportunity to deliver a world-class urban quarter, for which it may or may not be selected. 

ENDS

For further information, please contact: 

U+I

Nicola Krafft

+44 (0) 20 7828 4777

ir@uandiplc.com           

Camarco (Financial PR Adviser)

Geoffrey Pelham-Lane / Hazel Stevenson / Tom Huddart

+44 (0) 20 3757 4985 / 4989 / 4996

uandi@camarco.co.uk 

About U+I

U+I is a specialist regeneration developer and investor.

With a >£11 billion portfolio of complex, mixed-use, community-focused regeneration projects including a £154.0 million investment portfolio, we are unlocking urban sites bristling with potential in the London City Region (within one hour's commute from Central London), Manchester and Dublin. We exist to create long-term socio-economic benefit for the communities in which we work, delivering sustainable returns to our shareholders.

To find out more, visit www.uandiplc.com or follow us @uandiplc  

This announcement contains inside information as defined in Article 7 of the Market Abuse Regulation No. 596/2014 and is disclosed in accordance with the Company's obligations under Article 17 of those Regulations.