REG - MITIE Group PLC - Transaction in Own Shares

MITIEAnnouncement

26/02/2024 07:00

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RNS Number : 3366E  MITIE Group PLC  26 February 2024

26 February 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:                                    23/02/2024
 Aggregate number of Ordinary 2.5p Shares purchased:  224,000
 Lowest price paid per share (GBp):                   106.6000
 Highest price paid per share (GBp):                  106.6000
 Volume weighted average price paid per share (GBp):  106.6000
 Broker                                               PEEL HUNT

 

Mitie intends to cancel the purchased shares.

Following settlement of the above purchase of ordinary shares of 2.5 pence
each, Mitie will have 1,335,909,841 ordinary shares of 2.5 pence each in issue
(excluding 6,488,176 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                  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

 Richard Mountain                M: +44 (0)790 968 4466

 FTI Consulting

Schedule of Purchases - Individual Transactions

 Number of shares purchased  Transaction price (Gbp)  Venue  Time of transaction             Trade ID
 224000                      106.6                    XLON   20240223 13:39:14.927701 +0000  00158766603TRLO0

 

About Mitie

 

Founded in 1987, Mitie looks after the places where Britain works, and is the
leading facilities transformation company in the UK. We offer a range of
services to the public sector through our Central Government & Defence and
Communities (Local Government & Education, Healthcare and Care &
Custody) divisions. Our Technical Services (Engineering 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 65,000 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 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 (http://www.mitie.com) .

 

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