REG - MITIE Group PLC - Transaction in Own Shares

MITIEAnnouncement

26/04/2024 07:00

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RNS Number : 1189M  MITIE Group PLC  26 April 2024

26 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:                                    25/04/2024
 Aggregate number of Ordinary 2.5p Shares purchased:  250,000
 Lowest price paid per share (GBp):                   115.6000
 Highest price paid per share (GBp):                  116.4000
 Volume weighted average price paid per share (GBp):  116.1600
 Broker                                               PEEL HUNT

 

Mitie intends to hold the purchased shares in treasury.

Following settlement of the above purchase of ordinary shares of 2.5 pence
each, Mitie will have 1,333,172,844 ordinary shares of 2.5 pence each in issue
(excluding 3,927,774 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
 100000                      116.4                    XLON   08:06:18             00161244590TRLO0
 50000                       116.2                    XLON   09:43:34             00161251123TRLO0
 50000                       116.2                    XLON   09:44:45             00161251178TRLO0
 50000                       115.6                    XLON   12:56:00             00161263877TRLO0

 

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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