Transaction in Own Shares

RNS Number : 7956T
MITIE Group PLC
31 March 2016
 

31 March 2016

Mitie Group plc



 

Mitie Group plc (the "Company") - Transaction in own Shares

 

Pursuant to the general authority given to the Company by shareholders, the Company announces that it has purchased ordinary shares of 2.5p each ("Shares") as follows:

 

Date of purchase: 31 March 2016

 

Number of Shares purchased: 325,000    

 

Highest price paid: 260.10p    

 

Lowest price paid: 256.20p

 

The purchase represented an average price of 259.53p per Share.

 

The purchased Shares will be cancelled. Following this purchase and cancellation, the total number of voting rights in the Company is 361,617,003.  The Board has approved the purchase of Shares in order to offset the increase in share numbers anticipated from the issue of Shares in connection with the Company's share schemes and under the Mitie Model.

 

 

-Ends-

 



 

For further information, contact:

 

Erica Lockhart

Executive Affairs Director, Mitie Group plc

T: +44 (0)20 3123 8179                    M: +44 (0)7979 784488                    E: erica.lockhart@mitie.com

 

Lauren Hepburn

Investor and Public Relations Manager, Mitie Group plc

T: +44 (0)20 3123 8720                    M: +44 (0)7469 405426                    E: lauren.hepburn@mitie.com

 

 

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

 


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