REG - MITIE Group PLC - Director/PDMR Shareholding

MITIEAnnouncement

16/08/2023 17:00

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RNS Number : 5337J  MITIE Group PLC  16 August 2023

16 August 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

 

The Company announces the following transaction in its Ordinary Shares of 2.5p
each.

 

On 14 August 2023 Phil Bentley exercised a total of 1,141,535 nil cost share
options under the Mitie Group plc Long Term Incentive Plan ("LTIP").

 

Following completion of the rights issue the number of nil cost options was
adjusted in-line with the accepted standard methodology.

 

 Award exercised  Number of options exercised  Option price  Number of shares retained

 LTIP granted on  1,141,535                    Nil           1,141,535

 2 August 2018

 

Mr Bentley has settled the charge to Income Tax and National Insurance in cash
arising from exercising these options and therefore he retains the 1,141,535
shares.

 

The attached notification, made in accordance with the requirements of the UK
Market Abuse Regulation, gives 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
 b   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  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                                    EXERCISE OF NIL COST OPTIONS UNDER THE MITIE GROUP PLC LONG TERM INCENTIVE
                                                                  PLAN
 c)  Price(s) and volume(s)

Price(s)  Volume(s)
                                                                  NIL       1,141,535

 d)  Aggregated information                                       Price(s)  Volume(s)

                                                            NIL       1,141,535 TOTAL SHARES
     - Total volume

     - Total price
 e)  Date of the transaction                                      2023-08-14
 f)  Place of the transaction                                     XLON

d)

Aggregated information

- Total volume

- Total price

 Price(s)  Volume(s)
 NIL       1,141,535 TOTAL SHARES

e)

Date of the transaction

2023-08-14

f)

Place of the transaction

XLON

 

 

 

 

 

 

For further information, contact:

  Kate Heseltine

 Group IR Director  M: +44 (0)738 443 9112  E: kate.heseltine@mitie.com

 

  Claire Lovegrove

 Head of External Communications  M: +44 (0)790 027 6400  E: claire.lovegrove@mitie.com

 

  Peter Dickinson

 Chief Legal Officer  M: +44 (0)776 821 5013  E: peter.dickinson@mitie.com (mailto:peter.dickinson@mitie.com)

 

About Mitie

 

Notes to editors 

 

Founded in 1987, Mitie's job is to look after places where Britain works, and
it is the leading facilities management company in the UK. We offer a range of
services to the public sector through our Central Government & Defence and
Communities (Healthcare, Education, Campus & Critical and Care &
Custody) divisions. Our Technical Services (Engineering Services, Energy,
Water and Real Estate 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 64,000 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 awards and validation for its ambitious near and
long-term science-based emissions reduction targets from the Science Based
Targets initiative (SBTi). Find out more at www.mitie.com
(https://eur01.safelinks.protection.outlook.com/?url=http%3A%2F%2Fwww.mitie.com%2F&data=05%7C01%7CMarsha.Rennie%40mitie.com%7Cf2443bd8b88642a335fb08db9cbbb801%7C9e66e0b4768c4506a1b67e44c80595f2%7C0%7C0%7C638276102272442620%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C3000%7C%7C%7C&sdata=%2FvV6keu0376Qbm5Cb84FlEkwYeE9Bt6FoKfWgjsFqEQ%3D&reserved=0)
.

 

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