Transaction in Own Shares

MITIE Group PLC
07 February 2024
 

07 February 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 Peel Hunt LLP pursuant to its Share Buyback Programme, details of which were announced on 11 October 2023.

 

Date of purchase:

06/02/2024

Aggregate number of Ordinary 2.5p Shares purchased:

150,000

Lowest price paid per share (GBp):

101.4000

Highest price paid per share (GBp):

101.8000

Volume weighted average price paid per share (GBp):

101.6667

Broker

PEEL HUNT

 

Mitie intends to cancel the purchased shares.

Following settlement of the above purchase of ordinary shares of 2.5 pence each, Mitie will have 1,337,885,267 ordinary shares of 2.5 pence each in issue (excluding 7,530,146 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 Peel Hunt 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 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

100000

101.8

XLON

20240206 13:49:43.328134 +0000

00158036017TRLO0

50000

101.4

XLON

20240206 09:47:44.121689 +0000

00158019623TRLO0

 

About Mitie

 

Founded in 1987, Mitie looks after the places where Britain works, and is the leading facilities transformation company in the UK. We offer a range of services to the public sector through our Central Government & Defence and Communities (Local Government & Education, Healthcare and Care & Custody) divisions. Our Technical Services (Engineering Services) and Business Services (Security, Cleaning, Landscapes, Spain and Waste) divisions serve private sector customers in areas such as Financial & Professional Services, Industrials, Retail and Transport, and increasingly the public sector.

Mitie employs 65,000 people. We take care of our customers' people and buildings, through the 'Science of Service', and we are transforming facilities to be more flexible, safe, sustainable, and attractive to all. Mitie continues to execute its technology-led strategy and in the past twelve months has 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 also 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.

 

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