Transaction in Own Shares

MITIE Group PLC
18 April 2024
 

18 April 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:

17/04/2024

Aggregate number of Ordinary 2.5p Shares purchased:

442,539

Lowest price paid per share (GBp):

116.4000

Highest price paid per share (GBp):

116.8000

Volume weighted average price paid per share (GBp):

116.5740

Broker

PEEL HUNT

 

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 1,335,358,180 ordinary shares of 2.5 pence each in issue (excluding 4,093,643 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 & 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

192539

116.8

XLON

20240417 10:12:45.628678 +0100s

00160963331TRLO0

250000

116.4

XLON

20240417 09:07:09.748181 +0100s

00160957559TRLO0

 

About Mitie

 

Founded in 1987, Mitie employs 65,000 colleagues and is the leading technology-led Facilities Transformation company in the UK. We are a trusted partner to c.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 decision making.

In each of our core services of Engineering (Hard Services) and Security and Cleaning & Hygiene (Soft Services) we hold market leading 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.

We hold industry leading ESG credentials, including a CDP 'A' score, 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 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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