REG - MITIE Group PLC - Director/PDMR Shareholding

MITIEAnnouncement

20/06/2025 16:30

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250620:nRST8294Na&default-theme=true

RNS Number : 8294N  MITIE Group PLC  20 June 2025

20 June 2025

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 19 June 2025 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 Revenue, EPS and ROIC,
each accounting for 33.3% of the award. The Committee will also have reference
to leverage (average debt/EBITDA) and ESG during the period.   In the coming
months the Board will be considering the strategy for FY28 onwards. The
Committee have therefore made the decision to delay setting the performance
targets. The targets will be set before the end of October 2025 to allow for
more meaningful three-year targets aligned with the future strategic plans.
Once set, the targets will be disclosed in a stock exchange announcement.

 

The number of shares under award has been determined using the average closing
share price for the five dealing days prior to the start of the financial year
on 1 April 2025 (being 1.148p), to provide direct alignment with the
performance period.

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                                                         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       628,048 OPTIONS
 d)  Aggregated information

Price(s)  Volume(s)
     - Aggregated volume                                          NIL       628,048 OPTIONS

     - Price

 e)  Date of the transaction                                      2025-06-19
 f)  Place of the transaction                                     OUTSIDE A TRADING VENUE

d)

Aggregated information

- Aggregated volume

- Price

 

 

 

 

 Price(s)  Volume(s)
 NIL       628,048 OPTIONS

e)

Date of the transaction

2025-06-19

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 LEGAL 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       620,644 OPTIONS
 d)  Aggregated information

Price(s)  Volume(s)
     - Aggregated volume                                          NIL       620,644 OPTIONS

     - Price

 e)  Date of the transaction                                      2025-06-19
 f)  Place of the transaction                                     OUTSIDE A TRADING VENUE

d)

Aggregated information

- Aggregated volume

- Price

 

 

 

 

 Price(s)  Volume(s)
 NIL       620,644 OPTIONS

e)

Date of the transaction

2025-06-19

f)

Place of the transaction

OUTSIDE A TRADING VENUE

 

For further information, contact:

Kate Heseltine

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

 

Claire Lovegrove

 Director of Corporate Affairs  M: +44 (0)790 027 6400  E: claire.lovegrove@mitie.com (mailto:claire.lovegrove@mitie.com)

 

Neil Bennett

 H/Advisors Maitland  M: +44 (0)790 000 0777  E: mite@h-advisors.global (mailto:mite@h-advisors.global)

 

 

About Mitie: "Better places; Thriving Communities"

 

Founded in 1987, Mitie employs 72,000 colleagues and is the leading
technology-led Facilities Transformation company in the UK. We are a trusted
partner to a diverse range of 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 better decision-making.

 

In each of our core services of engineering (hard services) and security and
hygiene (soft services) we hold market leadership positions. We also deliver
projects capabilities in the areas of power and grid connections, building fit
outs & 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 place on the CDP Climate
change A List, and we have received multiple industry awards recently
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 been validated by the Science Based
Targets initiative (SBTi). We have been recognised as a UK Top Employer for
the seventh consecutive year and Most Admired Company in the Support Services
sector. Find out more at www.mitie.com.

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  DSHURSORVUUNUAR