Director/PDMR Shareholding

RNS Number : 4676P
MITIE Group PLC
03 October 2011
 



3 October 2011

MITIE Group PLC

 

 

MITIE Group PLC - Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Connected Persons

 

1

Name of the issuer

 

 

 

 

 

MITIE GROUP PLC

2

State whether the notification relates to (i) a

transaction notified in accordance with DTR 3.1.2 R, (ii) a disclosure made in accordance LR 9.8.6R(1) or (iii) a disclosure made in accordance with section 793 of the Companies Act (2006)

A TRANSACTION NOTIFIED IN ACCORDANCE WITH DTR 3.1.2R.

 

 

3

Name of person discharging managerial

responsibilities/director

 

 

 

SUZANNE BAXTER

4

State whether notification relates to a person

connected with a person discharging managerial

responsibilities/director named in 3 and identify the connected person

 

TRANSFER OF 140,729 ORDINARY SHARES TO SPOUSE

 

 

5

Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest 1

 

AS PER 3 and 4

 

6

Description of shares (including class), debentures or derivatives or financial instruments relating to shares

 

 

2.5P ORDINARY SHARES IN MITIE GROUP PLC

7

Name of registered shareholders(s) and, if more than one, the number of shares held by each of them

 

TRUSTEE OF THE EBT (BARCLAYS WEALTH TRUSTEES (GUERNSEY) LTD)

 

8

State the nature of the transaction

 

 

 

(1)     EXERCISE OF NIL COST OPTION UNDER THE MITIE LONG TERM INCENTIVE PLAN

(2)     SALE OF SHARES - THE EXERCISE OF NIL-COST OPTIONS CREATES A CHARGE TO INCOME TAX AND NATIONAL INSURANCE WHICH WILL BE SETTLED FROM THE PROCEEDS OF SHARE SALE  

(3)     ALL OTHER SHARES RESULTING FROM THE EXERCISE OF THE OPTIONS ARE BEING RETAINED AND TRANSFERRED TO SPOUSE

 

9

Number of shares, debentures or financial instruments relating to shares acquired

 

273,262 ORDINARY SHARES

 

10

Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)

 

0.07%

 

 

11

Number of shares, debentures or financial instruments relating to shares disposed

 

SALE OF 132,533 SHARES TO SETTLE TAX LIABILITY FOLLOWING THE EXERCISE OF NIL-COST OPTIONS

12

Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage)

 

N/A

13

Price per share or value of transaction

 

237.8p

 

14

Date and place of transaction

 

30 SEPTEMBER 2011

UK

 

 

15

Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)

 

211,959

0.06% of ISC

 

 

 

16

Date issuer informed of transaction

 

 

 

 

 

30 SEPTEMBER 2011

 

 

If a person discharging managerial responsibilities has been granted options by the issuer complete the following boxes

 

17

Date of grant

 

 

 

18

Period during which or date on which exercisable

 

 

19

Total amount paid (if any) for grant of the option

 

 

20

Description of shares or debentures involved (class and number)

 

21

Exercise price (if fixed at time of grant) or

indication that price is to be fixed at the time of exercise

 

 

22

Total number of shares or debentures over which options held following notification

 

 

23

Any additional information

 

 

24

Name of contact and telephone number for queries

 

 

 

Name of authorised official of issuer responsible for making notification: Marie-Claire Haines

Date: 3 October 2011

 Contacts:

For further information, please contact:

MITIE


John Telling,

Group Corporate Affairs Director

 

D: +44 20 3123 8673

M: +44 7979 701006

E: john.telling@mitie.com

Erica Lockhart

Head of Investor Relations and External Affairs

 

D: +44 20 3123 8675

M: +44 7979 784488

E: erica.lockhart@mitie.com

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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