REG - MITIE Group PLC - Transaction in Own Shares

MITIEAnnouncement

31/07/2024 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:20240731:nRSe4694Ya&default-theme=true

RNS Number : 4694Y  MITIE Group PLC  31 July 2024

31 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:                                    30/07/2024
 Aggregate number of Ordinary 2.5p Shares purchased:  500,000
 Lowest price paid per share (GBp):                   120.4000
 Highest price paid per share (GBp):                  122.8000
 Volume weighted average price paid per share (GBp):  122.0253
 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 1,314,545,656 ordinary shares of 2.5 pence
each in issue (excluding 13,254,962 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
 30,000                      120.4                    XLON   08:03:50             00040703326TRLO1
 20,000                      120.8                    XLON   08:22:29             00040704358TRLO1
 20,000                      121.0                    XLON   08:30:51             00040704933TRLO1
 50,000                      122.0                    XLON   09:02:43             00040707358TRLO1
 20,000                      122.2                    XLON   09:03:22             00040707445TRLO1
 10,000                      122.0                    XLON   09:05:36             00040707673TRLO1
 20,000                      121.8                    XLON   10:07:25             00040712106TRLO1
 30,000                      121.8                    XLON   11:02:41             00040715177TRLO1
 30,000                      122.2                    XLON   11:55:23             00040717650TRLO1
 30,000                      122.2                    XLON   12:15:15             00040718670TRLO1
 30,000                      122.4                    XLON   13:03:41             00040721531TRLO1
 784                         122.0                    XLON   13:28:12             00040722735TRLO1
 178                         122.0                    XLON   13:28:12             00040722736TRLO1
 30,000                      122.4                    XLON   14:03:09             00040724129TRLO1
 2,443                       122.0                    XLON   14:09:59             00040724417TRLO1
 20,000                      122.2                    XLON   14:30:08             00040725830TRLO1
 30,000                      122.4                    XLON   14:55:35             00040729009TRLO1
 30,000                      122.6                    XLON   15:06:31             00040729657TRLO1
 1,778                       122.4                    XLON   15:11:02             00040729902TRLO1
 6,984                       122.4                    XLON   15:11:02             00040729903TRLO1
 1,750                       122.4                    XLON   15:11:02             00040729904TRLO1
 2,700                       122.4                    XLON   15:11:02             00040729905TRLO1
 343                         122.4                    XLON   15:11:02             00040729906TRLO1
 1,764                       122.4                    XLON   15:11:02             00040729907TRLO1
 207                         122.4                    XLON   15:11:02             00040729908TRLO1
 6                           122.4                    XLON   15:11:02             00040729909TRLO1
 5                           122.4                    XLON   15:11:02             00040729910TRLO1
 7                           122.4                    XLON   15:11:02             00040729911TRLO1
 150                         122.4                    XLON   15:11:02             00040729912TRLO1
 6                           122.4                    XLON   15:11:02             00040729913TRLO1
 37                          122.4                    XLON   15:11:02             00040729914TRLO1
 7                           122.4                    XLON   15:11:02             00040729915TRLO1
 8                           122.4                    XLON   15:11:02             00040729916TRLO1
 843                         122.4                    XLON   15:11:02             00040729917TRLO1
 20,000                      122.8                    XLON   15:36:13             00040731462TRLO1
 30,000                      122.2                    XLON   16:06:47             00040733633TRLO1
 30,000                      122.4                    XLON   16:16:50             00040734456TRLO1

 

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  POSRMMRTMTMJBBI