REG - MITIE Group PLC - Transaction in Own Shares

MITIEAnnouncement

15/08/2024 07:00

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RNS Number : 4967A  MITIE Group PLC  15 August 2024

15 August 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:                                    14/08/2024
 Aggregate number of Ordinary 2.5p Shares purchased:  296,288
 Lowest price paid per share (GBp):                   121.4000
 Highest price paid per share (GBp):                  122.0000
 Volume weighted average price paid per share (GBp):  121.6625
 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 1,309,244,724 ordinary shares of 2.5 pence
each in issue (excluding 13,196,761 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
 50,000                      121.4                    XLON   09:03:17             00040970506TRLO1
 50,000                      121.6                    XLON   10:55:44             00040974264TRLO1
 46,621                      121.6                    XLON   11:13:48             00040974996TRLO1
 3,379                       121.6                    XLON   11:13:48             00040974997TRLO1
 50,000                      121.4                    XLON   13:14:59             00040979779TRLO1
 20,339                      122.0                    XLON   14:42:47             00040982859TRLO1
 3,300                       122.0                    XLON   14:42:47             00040982860TRLO1
 1,361                       122.0                    XLON   15:02:21             00040983717TRLO1
 25,000                      122.0                    XLON   15:10:46             00040984186TRLO1
 5,485                       122.0                    XLON   15:10:46             00040984187TRLO1
 278                         122.0                    XLON   15:10:46             00040984188TRLO1
 9,711                       122.0                    XLON   15:10:46             00040984189TRLO1
 7,865                       122.0                    XLON   15:10:46             00040984190TRLO1
 1,452                       122.0                    XLON   15:10:46             00040984191TRLO1
 22                          122.0                    XLON   15:10:46             00040984192TRLO1
 65                          122.0                    XLON   15:26:09             00040985140TRLO1
 2,575                       122.0                    XLON   15:28:00             00040985222TRLO1
 276                         122.0                    XLON   15:28:00             00040985223TRLO1
 362                         122.0                    XLON   15:29:56             00040985370TRLO1
 293                         122.0                    XLON   15:33:40             00040985687TRLO1
 2,101                       122.0                    XLON   15:33:49             00040985711TRLO1
 155                         122.0                    XLON   15:34:14             00040985750TRLO1
 15,342                      122.0                    XLON   15:51:56             00040986588TRLO1
 39                          122.0                    XLON   16:01:16             00040986890TRLO1
 65                          122.0                    XLON   16:16:05             00040987644TRLO1
 200                         122.0                    XLON   16:19:03             00040987746TRLO1
 2                           122.0                    XLON   16:29:58             00040988313TRLO1

 

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/) .

 

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