Picture of MITIE logo

MTO MITIE News Story

0.000.00%
gb flag iconLast trade - 00:00
IndustrialsBalancedMid CapTurnaround

REG - MITIE Group PLC - Transaction in Own Shares

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250430:nRSd6858Ga&default-theme=true

RNS Number : 6858G  MITIE Group PLC  30 April 2025

30 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:                                      29 April 2025
  Number of Ordinary 2.5p Shares purchased:              500,000
  Highest price paid per share (GBp):                    141.80
  Lowest price paid per share (GBp):                     141.60
  Volume weighted average price paid per share (GBp):    141.70
  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 1,255,694,293 ordinary shares of 2.5 pence each in issue
(excluding 5,846,647 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
 250,000                     141.60                   XLON   09:39:56             00176311773TRLO0
 250,000                     141.80                   XLON   15:43:20             00176344932TRLO0

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.

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  POSILMATMTJTBLA

Recent news on MITIE

See all news