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MITIE Group PLC (MTO)

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Tuesday 11 May, 2021

MITIE Group PLC

Director/PDMR Shareholding

RNS Number : 2576Y
MITIE Group PLC
11 May 2021
 

11 May 2021

Mitie Group plc

LEI number: 213800MTCLTKEHWZMJ03

 

 

Mitie Group plc (the "Company") - Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and their Closely Associated Persons

On 10 May 2021 Peter Dickinson was granted options over Ordinary shares of 2.5 pence each in the Company under the Company's 2015 Long Term Incentive Plan ("LTIP"). 

 

The performance conditions attaching to the LTIP are EPS, cash conversion and ESG, accounting for 50%, 35% and 15% of the award respectively.


The attached notifications, made in accordance with the requirements of the UK Market Abuse Regulation, give further detail.

 

 

- Ends -

 

 

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

PETER DICKINSON

2

Reason for the notification

a)

Position/status

PDMR - CHIEF OF STAFF

b)

Initial notification /Amendment

INITIAL NOTIFICATION

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

MITIE GROUP PLC

b)

LEI

213800MTCLTKEHWZMJ03

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Identification code

SHARE OPTIONS OVER ORDINARY SHARES OF 2.5 PENCE EACH IN MITIE GROUP PLC.

IDENTIFICATION CODE FOR MITIE GROUP PLC ORDINARY SHARES:  GB0004657408

b)

Nature of the transaction

GRANT OF NIL-COST OPTIONS UNDER THE MITIE GROUP PLC 2015 LONG TERM INCENTIVE PLAN

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

NIL

1,177,685 OPTIONS

 

d)

Aggregated information

- Aggregated volume

- Price

 

 

 

 

Price(s)

Volume(s)

NIL

1,177,685 OPTIONS

 

e)

Date of the transaction

2021-05-10

f)

Place of the transaction

OUTSIDE A TRADING VENUE

 

 

 

For further information, contact:

Claire Lovegrove

Head of Media Relations

M: +44 (0)790 027 6400

E: [email protected]

 

Fiona Lawrence

Group IR Director

M: +44 (0)7808 727 500

E: [email protected]

 

Peter Dickinson

Chief of Staff and General Counsel

M: +44 (0)776 821 5013

E: [email protected]

 

Notes for editors

About Mitie

Founded in 1987, Mitie is one of the UK's leading facilities management (FM) and professional services companies. We offer a range of services to Central Government and Defence,Communities (Healthcare, Education and Local Authorities); and Technical Services (Engineering Services, Energy, Water and Real Estate Services) and Business Services (Security, Cleaning and Office Services) to Private Sector clients in Financial Services, Manufacturing, Transport, Retail and Telecoms; and Specialist Services (Care & Custody, Landscapes and Waste Management).

Mitie, which acquired Interserve's FM business in December 2020, employs 77,500 people and is the champion of the 'Front-Line Heroes' who have kept Britain running during the COVID-19 pandemic. We take care of our customers' people and buildings, by delivering essential services and deploying industry leading technology to create safe and effective workspaces.

The business continues to execute its technology-led strategy and in the past six months has received multiple awards.

Find out more at www.mitie.com.

 

 

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