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RNS Number : 3046G MITIE Group PLC 28 April 2025
28 April 2025
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 2.5p 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 16 April 2025.
Date of purchase: 25 April 2025
Number of Ordinary 2.5p Shares purchased: 500,000
Highest price paid per share (GBp): 139.40
Lowest price paid per share (GBp): 137.47
Volume weighted average price paid per share (GBp): 138.56
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 1,256,694,293 ordinary shares of 2.5 pence each in issue
(excluding 4,846,647 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
LLP as part of the buyback programme.
This announcement is made in accordance with the requirements of Listing Rule
9.6.6.
For further information
Kate Heseltine M: +44 (0)738 443 9112 E: kate.heseltine@mitie.com
Group IR & Corporate Finance Director
Claire Lovegrove M: +44 (0)790 027 6400 E: claire.lovegrove@mitie.com
Director of Corporate Affairs
Neil Bennett M: +44 (0)790 000 0777 E: mitie@h-advisors.global
H/Advisors Maitland
Schedule of Purchases - Individual Transactions
Number of shares purchased Transaction price (Gbp) Venue Time of transaction Trade ID
100,000 137.47 XLON 08:02:09 00176198593TRLO0
150,000 138.20 XLON 08:06:33 00176199282TRLO0
70,000 139.00 XLON 09:33:19 00176207595TRLO0
50,000 139.00 XLON 09:34:04 00176207685TRLO0
130,000 139.40 XLON 14:48:48 00176230304TRLO0
About Mitie: "Better places; Thriving Communities"
Founded in 1987, Mitie employs 72,000 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
hygiene (soft services) we hold market leadership positions. We also deliver
projects capabilities in the areas of power and grid connections, building fit
outs & 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 place on the CDP Climate
change A List, and we have received multiple industry awards recently
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 seventh consecutive year and Most Admired Company in the Support Services
sector. Find out more at www.mitie.com.
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