Holding(s) in Company

RNS Number : 4384N

MITIE Group PLC

25 October 2016

 

25 October 2016

Mitie Group plc

Mitie Group plc ("Mitie") - Notification of substantial shareholding

Mitie has received the following notification in relation to a major interest in its shares.

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:		Mitie Group plc
2. Reason for the notification     (please tick the appropriate box or boxes)
An acquisition or disposal of voting rights.			X
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments
An event changing the breakdown of voting rights
Other (please specify):
3. Full name of person(s) subject to the notification obligation:	Silchester International Investors LLP
4. Full name of shareholder(s) (if different from 3.):	Silchester International Investors International Value Equity Taxable Trust Silchester International Investors International Value Equity Trust Silchester International Investors International Value Equity Group Trust Silchester International Investors Tobacco Free International Value Equity Trust The Calleva Trust
5. Date of the transaction (and date on which the threshold is crossed or reached if different):	24 October 2016
6. Date on which issuer notified:	25 October 2016
7. Threshold(s) that is/are crossed or reached:	Above 11%

	8. Notified details:
A: Voting rights attached to shares
Class/type of shares if possible using the ISIN CODE		Situation previous to the Triggering transaction		Resulting situation after the triggering transaction
		Number of Shares	Number of Voting Rights	Number of shares	Number of voting rights			% of voting rights
					Direct		Indirect	Direct	Indirect
GB0004657408 Common Stock		36,169,272	36,169,272				39,644,314		11.04%

B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument	Expiration date	Exercise/ Conversion  Period/ Date	Number of voting rights that may be acquired if the instrument is exercised/ converted.	% of voting rights
N/A	N/A	N/A	N/A	N/A

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument	Exercise price	Expiration date	Exercise/Conversion period	Number of voting rights instrument refers to	% of voting rights
N/A	N/A	N/A	N/A	N/A	Nominal	Delta
					N/A	N/A

Total (A+B+C)
Number of voting rights	% of voting rights
39,644,314	11.04%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:

N/A

Proxy Voting:
10. Name of the proxy holder:	Silchester International Investors LLP
11. Number of voting rights proxy holder will cease to hold:	N/A
12. Date on which proxy holder will cease to hold voting rights:	N/A

13. Additional information:	Silchester International Investors LLP ("Silchester") acts as investment manager for the clients detailed in Question 4 above (our "Clients"). In acting for our Clients, Silchester are given full discretion over their investments and are empowered to vote on their behalf. However, we do not act as our Clients' custodian and therefore shares are not held in our name but in the name of each Client's custodian bank. The change in Silchester's holdings was due to a series of transactions over a series of different trading days. Details of the number of shares held before the change (shown in Section A) represent the shares held by Silchester's clients as of the date of our last Notice of Substantial Shareholder's Interest (a notification of crossing above 10% of the company's voting rights) and not as of the last trading day before which this disclosure was triggered. Notification is provided based on a total voting rights figure of 359,046,971.
14. Contact name:	John Telling , Group Corporate Affairs Director
15. Contact telephone number:	T:  [phone]    M: 07979 701006

For further information, contact:

John Telling

Group Corporate Affairs Director, Mitie Group plc

T: [phone]                  M: [phone]                      E: [e-mail]

Lauren Hepburn

Investor and Public Relations Manager, Mitie Group plc

T: [phone]                    M: [phone]                    E: [e-mail]

Notes for editors

What is Mitie?

Mitie is a FTSE250 strategic outsourcing company.

We work with people who want to perform better - now and in the future. We help our clients to run more efficient and effective businesses by looking after their facilities, their energy needs and the people they're responsible for.

We're all about developing our people to excel every day, challenge the status quo, and inspire change in the way people live and work.

Find out more at www.mitie.com

 

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