REG - MITIE Group PLC - Transaction in Own Shares

MITIEAnnouncement

23/04/2024 07:00

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RNS Number : 5752L  MITIE Group PLC  23 April 2024

23 April 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:                                    22/04/2024
 Aggregate number of Ordinary 2.5p Shares purchased:  507,993
 Lowest price paid per share (GBp):                   116.2000
 Highest price paid per share (GBp):                  117.7000
 Volume weighted average price paid per share (GBp):  116.9848
 Broker                                               PEEL HUNT

 

Mitie intends to cancel the purchased shares.

Following settlement and cancellation of the above purchase of ordinary shares
of 2.5 pence each, Mitie will have 1,333,911,975  ordinary shares of 2.5
pence each in issue (excluding 4,093,643 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 & Corporate

Finance 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
 50000                       117                      XLON   20240422 08:05:05.910063 +0100s  00161093398TRLO0
 50000                       117.7                    XLON   20240422 08:28:21.493160 +0100s  00161095483TRLO0
 50000                       116.8                    XLON   20240422 11:40:57.490489 +0100s  00161109307TRLO0
 25000                       116.7                    XLON   20240422 12:16:41.949027 +0100s  00161111249TRLO0
 25000                       116.6                    XLON   20240422 12:35:49.311307 +0100s  00161112367TRLO0
 25000                       116.6                    XLON   20240422 13:20:43.584946 +0100s  00161114955TRLO0
 25000                       116.4                    XLON   20240422 13:37:44.345565 +0100s  00161115866TRLO0
 25000                       116.2                    XLON   20240422 14:11:21.579821 +0100s  00161118273TRLO0
 25000                       116.4                    XLON   20240422 14:23:01.355244 +0100s  00161119093TRLO0
 25000                       116.2                    XLON   20240422 14:56:42.860870 +0100s  00161125983TRLO0
 50000                       116.8                    XLON   20240422 15:32:15.762112 +0100s  00161131286TRLO0
 25000                       117.4                    XLON   20240422 15:45:05.228004 +0100s  00161133274TRLO0
 107993                      117.6                    XLON   20240422 16:19:50.326604 +0100s  00161137983TRLO0

 

About Mitie

 

Founded in 1987, Mitie employs 65,000 colleagues and is the leading
technology-led Facilities Transformation company in the UK. We are a trusted
partner to c.3,000 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 decision making.

In each of our core services of Engineering (Hard Services) and Security and
Cleaning & Hygiene (Soft Services) we hold market leading positions. We
also upsell Projects capabilities in the areas of building fitouts and
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 CDP 'A' score, and in
the past 12 months we have 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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