23 August 2024
Mitie Group plc
LEI number:
213800MTCLTKEHWZMJ03
Mitie Group plc - Transaction in Own Shares
Mitie Group plc ("Mitie" or the
"Group") today announces that it purchased the following number of
its ordinary shares of 2.5 pence each on Exchange (as defined in
the Rules of the London Stock Exchange) from Stifel Nicolaus Europe
Limited ("Stifel") pursuant to its Share Buyback Programme, details
of which were announced on 24 July 2024.
|
Date of purchase:
|
22/08/2024
|
|
Aggregate number of Ordinary 2.5p
Shares purchased:
|
500,000
|
|
Lowest price paid per share
(GBp):
|
123.4000
|
|
Highest price paid per share
(GBp):
|
124.4000
|
|
Volume weighted average price paid
per share (GBp):
|
123.7385
|
|
Broker
|
Stifel
|
Mitie intends to cancel the
purchased shares.
Following settlement and
cancellation of the above purchase of ordinary shares of 2.5 pence
each, Mitie will have 1,306,244,724 ordinary shares of 2.5 pence
each in issue (excluding 13,196,761 ordinary shares of 2.5 pence
each held in treasury). This figure represents the total number of
voting rights in Mitie.
In accordance with Article 5(1)(b)
of Regulation (EU) No 596/2014 (as such Regulation has become part
of domestic law by virtue of and for the purposes of the European
Union (Withdrawal) Act 2018 (as amended by the European Union
(Withdrawal Agreement) Act 2020) and as such Regulation has been
amended in such form by any regulations made under that Act), the
schedule below contains detailed and aggregated information of the
individual trades made by Stifel as part of the buyback
programme.
This announcement is made in
accordance with the requirements of Listing Rule 12.4.6.
For
further information:
|
Kate Heseltine
Group IR & Corporate
Finance Director
|
M: +44 (0)738 443 9112
|
E: kate.heseltine@mitie.com
|
|
Claire Lovegrove
Director of Corporate
Affairs
|
M: +44 (0)790 027 6400
|
E: claire.lovegrove@mitie.com
|
|
Richard Mountain
FTI Consulting
|
M: +44 (0)790 968 4466
|
|
Schedule of Purchases - Individual
Transactions
|
Number of shares purchased
|
Transaction price (Gbp)
|
Venue
|
Time of transaction
|
Trade ID
|
|
30,000
|
123.6
|
XLON
|
08:42:16
|
00041076243TRLO1
|
|
20,000
|
123.6
|
XLON
|
09:11:46
|
00041076767TRLO1
|
|
50,000
|
124.0
|
XLON
|
10:29:11
|
00041078298TRLO1
|
|
50,000
|
124.4
|
XLON
|
10:29:20
|
00041078311TRLO1
|
|
50,000
|
123.8
|
XLON
|
10:52:24
|
00041078827TRLO1
|
|
50,000
|
123.8
|
XLON
|
11:35:32
|
00041079990TRLO1
|
|
20,000
|
123.6
|
XLON
|
11:36:25
|
00041080020TRLO1
|
|
3,671
|
123.4
|
XLON
|
13:53:30
|
00041084017TRLO1
|
|
2,362
|
123.4
|
XLON
|
13:53:30
|
00041084018TRLO1
|
|
20,230
|
123.4
|
XLON
|
13:53:30
|
00041084019TRLO1
|
|
14
|
123.4
|
XLON
|
13:53:30
|
00041084020TRLO1
|
|
2
|
123.4
|
XLON
|
13:53:30
|
00041084021TRLO1
|
|
11
|
123.4
|
XLON
|
13:53:30
|
00041084022TRLO1
|
|
523
|
123.4
|
XLON
|
13:53:31
|
00041084023TRLO1
|
|
38,077
|
123.8
|
XLON
|
14:16:42
|
00041084723TRLO1
|
|
15,444
|
123.8
|
XLON
|
14:16:42
|
00041084724TRLO1
|
|
9,666
|
123.8
|
XLON
|
14:16:42
|
00041084725TRLO1
|
|
3,235
|
123.4
|
XLON
|
15:37:46
|
00041087450TRLO1
|
|
1,900
|
123.4
|
XLON
|
15:37:46
|
00041087451TRLO1
|
|
3,417
|
123.4
|
XLON
|
15:37:46
|
00041087452TRLO1
|
|
4,000
|
123.4
|
XLON
|
15:37:46
|
00041087453TRLO1
|
|
4,000
|
123.4
|
XLON
|
15:37:46
|
00041087454TRLO1
|
|
4,000
|
123.4
|
XLON
|
15:37:46
|
00041087455TRLO1
|
|
11,149
|
123.4
|
XLON
|
15:37:46
|
00041087456TRLO1
|
|
8,000
|
123.4
|
XLON
|
15:37:46
|
00041087457TRLO1
|
|
4,000
|
123.4
|
XLON
|
15:37:46
|
00041087458TRLO1
|
|
4,000
|
123.4
|
XLON
|
15:37:46
|
00041087459TRLO1
|
|
22,299
|
123.4
|
XLON
|
15:37:46
|
00041087460TRLO1
|
|
50,000
|
123.6
|
XLON
|
16:21:44
|
00041089778TRLO1
|
|
20,000
|
123.4
|
XLON
|
16:26:25
|
00041090082TRLO1
|
About Mitie
Founded in 1987, Mitie employs
68,000 colleagues and is the leading technology-led Facilities
Transformation company in the UK. We are a trusted partner to
around 3,000 blue chip customers across the public and private
sectors, working with them to transform their built estates, and
the lived experience for their colleagues and customers, as well as
providing data-driven insights to inform better
decision-making.
In each of our core services of
Engineering (Hard Services) and Security and Cleaning & Hygiene
(Soft Services) we hold market leadership positions. We also upsell
Projects capabilities in the areas of building fitouts and
modernisation, decarbonisation, fire & security, and telecoms
infrastructure. Our sector expertise includes Central Government,
Critical National Infrastructure, Defence, Financial Services,
Healthcare & Life Sciences, Local Government & Education,
Retail & Logistics and Transport & Aviation.
Over the previous Three-Year Plan
(FY22 - FY24) Mitie delivered a Total Shareholder Return (TSR) of
80% (#10 in FTSE 250). Our new Facilities Transformation
Three-Year Plan (FY25 - FY27) will extend Mitie's market leadership
position through accelerated growth and deliver enhanced
shareholder returns.
We hold industry-leading ESG
credentials, including a place on the CDP Climate change A List,
and in the past 12 months we have received multiple industry awards
including B2B Marketing Team of the Year, Best Low Carbon Solution
and Net Zero Carbon Strategy of the Year. Targeting Net Zero by the
end of 2025, our ambitious emissions reduction plans have been
validated by the Science Based Targets initiative (SBTi). We have
been recognised as a UK Top Employer for the sixth
consecutive year. Find out more at www.mitie.com.