REG - MITIE Group PLC - Transaction in Own Shares

MITIEAnnouncement

19/08/2024 07:00

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RNS Number : 8326A  MITIE Group PLC  19 August 2024

19 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:                                    16/08/2024
 Aggregate number of Ordinary 2.5p Shares purchased:  500,000
 Lowest price paid per share (GBp):                   122.6000
 Highest price paid per share (GBp):                  123.6000
 Volume weighted average price paid per share (GBp):  122.8245
 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 1,308,244,724 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
 263                         122.6                    XLON   10:38:12             00041012328TRLO1
 1,087                       122.6                    XLON   10:38:12             00041012329TRLO1
 2,800                       122.6                    XLON   10:38:12             00041012330TRLO1
 11,662                      122.6                    XLON   10:38:12             00041012331TRLO1
 4,188                       122.6                    XLON   10:38:12             00041012332TRLO1
 15,285                      122.6                    XLON   10:38:12             00041012333TRLO1
 2,800                       122.6                    XLON   10:38:12             00041012334TRLO1
 2,475                       122.6                    XLON   10:38:12             00041012335TRLO1
 14,725                      122.6                    XLON   10:38:12             00041012336TRLO1
 9,519                       122.6                    XLON   10:38:12             00041012337TRLO1
 4,188                       122.6                    XLON   10:38:12             00041012338TRLO1
 2,997                       122.6                    XLON   10:38:12             00041012339TRLO1
 4,188                       122.6                    XLON   10:38:12             00041012340TRLO1
 1,821                       122.6                    XLON   10:38:12             00041012341TRLO1
 6,806                       122.6                    XLON   10:38:12             00041012342TRLO1
 2,402                       122.6                    XLON   10:38:12             00041012343TRLO1
 2,401                       122.6                    XLON   10:38:12             00041012344TRLO1
 300,000                     122.7                    XLON   12:10:14             00041014255TRLO1
 20,000                      123.0                    XLON   14:10:31             00041016460TRLO1
 10,242                      123.2                    XLON   15:41:37             00041019695TRLO1
 1,347                       123.2                    XLON   15:41:37             00041019696TRLO1
 8,411                       123.2                    XLON   15:41:37             00041019697TRLO1
 12,447                      123.2                    XLON   15:41:37             00041019698TRLO1
 2,782                       123.2                    XLON   15:41:37             00041019699TRLO1
 5,164                       123.2                    XLON   15:41:37             00041019700TRLO1
 3,200                       123.6                    XLON   16:06:26             00041020967TRLO1
 3,230                       123.6                    XLON   16:06:26             00041020968TRLO1
 1,529                       123.6                    XLON   16:06:26             00041020969TRLO1
 3,117                       123.6                    XLON   16:06:26             00041020970TRLO1
 1,563                       123.6                    XLON   16:06:26             00041020971TRLO1
 1,375                       123.6                    XLON   16:06:26             00041020972TRLO1
 794                         123.6                    XLON   16:06:26             00041020973TRLO1
 2,600                       123.6                    XLON   16:06:26             00041020974TRLO1
 2,000                       123.6                    XLON   16:06:26             00041020975TRLO1
 632                         123.6                    XLON   16:06:26             00041020976TRLO1
 7,004                       123.6                    XLON   16:06:26             00041020977TRLO1
 780                         123.6                    XLON   16:06:26             00041020978TRLO1
 198                         123.6                    XLON   16:06:26             00041020979TRLO1
 969                         123.6                    XLON   16:06:26             00041020980TRLO1
 4,806                       123.6                    XLON   16:06:26             00041020981TRLO1
 16,203                      123.6                    XLON   16:06:26             00041020982TRLO1

 

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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