REG - MITIE Group PLC - Director/PDMR Shareholding

MITIEAnnouncement

03/07/2023 12:00

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RNS Number : 6122E  MITIE Group PLC  03 July 2023

3 July 2023

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 29 June 2023 Phil Bentley, Simon Kirkpatrick and Peter Dickinson were
granted options over Ordinary shares of 2.5 pence each in the Company under
the Company's 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 awards respectively.

 

The number of shares under awards has been determined using the using the
average closing share price for the five dealing days prior to the start of
the financial year on 1 April 2023 (being 80.9p), to provide direct alignment
with the performance period. These awards therefore represent grant levels of
200% and 175% of salary for Phil Bentley and Simon Kirkpatrick 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                                                         PHIL BENTLEY
 2   Reason for the notification
 a)  Position/status                                              PDMR - CHIEF EXECUTIVE OFFICER
 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  SHARE OPTIONS OVER ORDINARY SHARES OF 2.5 PENCE EACH IN MITIE GROUP PLC.

     Identification code                                          IDENTIFICATION CODE FOR MITIE GROUP PLC ORDINARY SHARES:  GB0004657408
 b)  Nature of the transaction                                    GRANT OF NIL-COST OPTIONS UNDER THE MITIE GROUP PLC LONG TERM INCENTIVE PLAN
 c)  Price(s) and volume(s)

Price(s)  Volume(s)
                                                                  NIL       2,224,969 OPTIONS
 d)  Aggregated information

Price(s)  Volume(s)
     - Aggregated volume                                          NIL       2,224,969 OPTIONS

     - Price

 e)  Date of the transaction                                      2023-06-29
 f)  Place of the transaction                                     OUTSIDE A TRADING VENUE

d)

Aggregated information

- Aggregated volume

- Price

 

 

 

 

 Price(s)  Volume(s)
 NIL       2,224,969 OPTIONS

e)

Date of the transaction

2023-06-29

f)

Place of the transaction

OUTSIDE A TRADING VENUE

 

 

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                                                         SIMON KIRKPATRICK
 2   Reason for the notification
 a)  Position/status                                              PDMR - CHIEF FINANCIAL OFFICER
 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  SHARE OPTIONS OVER ORDINARY SHARES OF 2.5 PENCE EACH IN MITIE GROUP PLC.

     Identification code                                          IDENTIFICATION CODE FOR MITIE GROUP PLC ORDINARY SHARES:  GB0004657408
 b)  Nature of the transaction                                    GRANT OF NIL-COST OPTIONS UNDER THE MITIE GROUP PLC LONG TERM INCENTIVE PLAN
 c)  Price(s) and volume(s)

Price(s)  Volume(s)
                                                                  NIL       865,265 OPTIONS
 d)  Aggregated information

Price(s)  Volume(s)
     - Aggregated volume                                          NIL       865,265 OPTIONS

     - Price

 e)  Date of the transaction                                      2023-06-29
 f)  Place of the transaction                                     OUTSIDE A TRADING VENUE

d)

Aggregated information

- Aggregated volume

- Price

 

 

 

 

 Price(s)  Volume(s)
 NIL       865,265 OPTIONS

e)

Date of the transaction

2023-06-29

f)

Place of the transaction

OUTSIDE A TRADING VENUE

 

 

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

     Identification code                                          IDENTIFICATION CODE FOR MITIE GROUP PLC ORDINARY SHARES:  GB0004657408
 b)  Nature of the transaction                                    GRANT OF NIL-COST OPTIONS UNDER THE MITIE GROUP PLC LONG TERM INCENTIVE PLAN
 c)  Price(s) and volume(s)

Price(s)  Volume(s)
                                                                  NIL       880,716 OPTIONS
 d)  Aggregated information

Price(s)  Volume(s)
     - Aggregated volume                                          NIL       880,716 OPTIONS

     - Price

 e)  Date of the transaction                                      2023-06-29
 f)  Place of the transaction                                     OUTSIDE A TRADING VENUE

d)

Aggregated information

- Aggregated volume

- Price

 

 

 

 

 Price(s)  Volume(s)
 NIL       880,716 OPTIONS

e)

Date of the transaction

2023-06-29

f)

Place of the transaction

OUTSIDE A TRADING VENUE

 

 

For further information, contact:

 Kate Heseltine                       M: +44 (0)738 443 9112  E: kate.heseltine@mitie.com (mailto:kate.heseltine@mitie.com)

 Group IR Director
 Claire Lovegrove                     M: +44 (0)790 027 6400  E: claire.lovegrove@mitie.com (mailto:claire.lovegrove@mitie.com)

 Director of Corporate Affairs
 Peter Dickinson                      M: +44 (0)776 821 5013

 Chief of Staff and General Counsel                           E: peter.dickinson@mitie.com (mailto:peter.dickinson@mitie.com)

 

About Mitie

Founded in 1987, Mitie's job is to look after places where Britain works and
is the leading facilities management company in the UK. We offer a range of
services to the Public Sectors in Central Government and Defence and
Communities (Healthcare, Education and Campus & Critical). Our Technical
Services (Engineering Services, Energy, Water and Real Estate Services) and
Business Services (Security, Cleaning and Office Services) divisions serve
private sector customers in Telecoms, Financial & Professional Services,
Transport and Industrials and increasingly to the public sector. Finally, our
Specialist Services (Care & Custody, Landscapes, Waste Management and
Spain) division serves both the public and private sectors.

Mitie employs 68,000 people. We are the champion of the 'Frontline Heroes' who
have kept Britain working during the COVID pandemic. 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. The business continues to execute its technology-led strategy and in
the past twelve months has received multiple awards. Find out more at
www.mitie.com.

 

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