REG - MITIE Group PLC - Transaction in Own Shares

MITIEAnnouncement

25/07/2024 07:00

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20240725:nRSY7282Xa&default-theme=true

RNS Number : 7282X  MITIE Group PLC  25 July 2024

25 July 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 Stifel Nicolaus Europe
Limited ("Stifel") pursuant to its Share Buyback Programme, details of which
were announced on 24 July 2024.

 

 Date of purchase:                                    24/07/2024
 Aggregate number of Ordinary 2.5p Shares purchased:  500,000
 Lowest price paid per share (GBp):                   120.0000
 Highest price paid per share (GBp):                  121.6000
 Volume weighted average price paid per share (GBp):  120.9537
 Broker                                               Stifel

 

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 1,316,538,561 ordinary shares of 2.5 pence
each in issue (excluding 13,262,057 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 Stifel 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
 25,000                      120.2                    XLON   08:44:41             00040599247TRLO1
 25,000                      120.0                    XLON   09:25:51             00040600705TRLO1
 25,000                      120.4                    XLON   10:26:12             00040602571TRLO1
 21,200                      120.8                    XLON   11:15:28             00040604158TRLO1
 23,800                      120.8                    XLON   11:25:29             00040604714TRLO1
 30,000                      120.8                    XLON   11:31:20             00040604944TRLO1
 20,000                      120.8                    XLON   11:39:58             00040605234TRLO1
 1,042                       120.8                    XLON   11:40:14             00040605238TRLO1
 124                         120.8                    XLON   12:07:24             00040606105TRLO1
 19,156                      120.8                    XLON   12:07:24             00040606106TRLO1
 9,678                       120.8                    XLON   12:07:24             00040606107TRLO1
 1,447                       121.0                    XLON   12:08:44             00040606154TRLO1
 3,700                       121.0                    XLON   12:08:44             00040606155TRLO1
 4,134                       121.0                    XLON   12:08:44             00040606156TRLO1
 20,000                      121.0                    XLON   12:08:44             00040606157TRLO1
 30,920                      121.0                    XLON   12:08:44             00040606158TRLO1
 3,642                       121.0                    XLON   12:12:22             00040606255TRLO1
 395                         121.0                    XLON   12:12:22             00040606256TRLO1
 1,609                       121.0                    XLON   12:12:22             00040606257TRLO1
 1,953                       121.0                    XLON   12:12:25             00040606259TRLO1
 24,100                      121.0                    XLON   12:19:00             00040606482TRLO1
 1,506                       121.0                    XLON   12:58:27             00040607616TRLO1
 5,800                       121.0                    XLON   12:58:27             00040607617TRLO1
 2,900                       121.0                    XLON   12:58:27             00040607618TRLO1
 14,794                      121.0                    XLON   12:58:27             00040607619TRLO1
 8,272                       120.8                    XLON   13:39:57             00040608812TRLO1
 3,200                       121.6                    XLON   14:17:40             00040609937TRLO1
 3,100                       121.6                    XLON   14:17:40             00040609938TRLO1
 887                         121.6                    XLON   14:17:40             00040609939TRLO1
 874                         121.6                    XLON   14:17:40             00040609940TRLO1
 172                         121.6                    XLON   14:17:40             00040609941TRLO1
 2,600                       121.6                    XLON   14:17:40             00040609942TRLO1
 1,716                       121.6                    XLON   14:17:40             00040609943TRLO1
 1,400                       121.6                    XLON   14:17:40             00040609944TRLO1
 13,578                      121.6                    XLON   14:17:40             00040609945TRLO1
 6,422                       121.6                    XLON   14:17:40             00040609946TRLO1
 13,578                      121.6                    XLON   14:17:40             00040609947TRLO1
 1,293                       121.6                    XLON   14:17:40             00040609948TRLO1
 18,707                      121.6                    XLON   14:17:40             00040609949TRLO1
 1,293                       121.6                    XLON   14:17:40             00040609950TRLO1
 1,240                       121.6                    XLON   14:27:40             00040610338TRLO1
 9,940                       121.6                    XLON   14:36:32             00040611406TRLO1
 1,240                       121.4                    XLON   14:46:37             00040612040TRLO1
 11,729                      121.4                    XLON   14:47:45             00040612166TRLO1
 9,179                       121.4                    XLON   14:47:45             00040612167TRLO1
 1,858                       121.4                    XLON   14:47:45             00040612168TRLO1
 994                         121.4                    XLON   14:47:45             00040612169TRLO1
 45,510                      120.8                    XLON   14:56:57             00040613077TRLO1
 1,253                       121.6                    XLON   15:39:18             00040615480TRLO1
 2,768                       121.6                    XLON   15:39:18             00040615481TRLO1
 1,758                       121.6                    XLON   15:39:18             00040615482TRLO1
 821                         121.6                    XLON   15:39:18             00040615483TRLO1
 933                         121.6                    XLON   15:39:18             00040615484TRLO1
 2,600                       121.6                    XLON   15:39:18             00040615485TRLO1
 4,100                       121.6                    XLON   15:39:18             00040615486TRLO1
 10,085                      121.6                    XLON   15:39:18             00040615487TRLO1

 

About Mitie

 

Founded in 1987, Mitie employs 68,000 colleagues and is the leading
technology-led Facilities Transformation company in the UK. We are a trusted
partner to around 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 better decision-making.

In each of our core services of Engineering (Hard Services) and Security and
Cleaning & Hygiene (Soft Services) we hold market leadership 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.

Over the previous Three-Year Plan (FY22 - FY24) Mitie delivered a Total
Shareholder Return (TSR) of 80% (#10 in FTSE 250). Our new Facilities
Transformation Three-Year Plan (FY25 - FY27) will extend Mitie's market
leadership position through accelerated growth and deliver enhanced
shareholder returns.

We hold industry-leading ESG credentials, including a place on the CDP Climate
change A List, 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 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/) .

 

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  POSRIMRTMTMTBBI