ADVFN Logo

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for alerts Register for real-time alerts, custom portfolio, and market movers

MTO Mitie Group Plc

105.00
0.40 (0.38%)
Last Updated: 15:23:03
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Mitie Group Plc LSE:MTO London Ordinary Share GB0004657408 ORD 2.5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.40 0.38% 105.00 104.80 105.20 109.60 103.80 109.60 1,016,535 15:23:03
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Bldg Clean & Maint Svc, Nec 4.06B 91.1M 0.0684 15.26 1.39B

MITIE Group PLC Director/PDMR Shareholding (3892V)

06/08/2020 12:30pm

UK Regulatory


Mitie (LSE:MTO)
Historical Stock Chart


From Mar 2019 to Mar 2024

Click Here for more Mitie Charts.

TIDMMTO

RNS Number : 3892V

MITIE Group PLC

06 August 2020

6 August 2020

Mitie Group plc

LEI number: 213800MTCLTKEHWZMJ03

Mitie Group plc (the "Company") - Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and their Closely Associated Persons

The Company announces the following transactions in its Ordinary Shares of 2.5p each.

On 5 August 2020 Peter Dickinson exercised a total of 387,393 nil cost share options under the Mitie Group plc 2015 Long Term Incentive Plan ("LTIP").

Following completion of the rights issue the number of nil cost options was adjusted in-line with the accepted standard methodology.

 
 Award exercised    Number of    Option price   Number of      Sale price   Number of 
                     options                     shares sold    per share    shares retained 
                     exercised 
 LTIP granted 
  24 July 
  2017              387,393      Nil            182,623        32.8 pence   204,770 
                   -----------  -------------  -------------  -----------  ----------------- 
 

The exercise of nil cost options creates a charge to income tax and National Insurance which will be settled from the proceeds of the share sale. Peter Dickinson opted to sell sufficient shares to cover the charge and will retain the remaining shares.

The attached notification, made in accordance with the requirements of the EU Market Abuse Regulation, gives further detail.

- Ends -

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

 
 1    Details of the person discharging managerial responsibilities/person 
       closely associated 
 a)   Name                       PETER DICKINSON 
     ========================= 
 b    Reason for the notification 
 a)   Position/status            PDMR - CHIEF OF STAFF 
     ========================= 
 b)   Initial notification       INITIAL NOTIFICATION 
       /Amendment 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
 a)   Name                       MITIE GROUP PLC 
 b)   LEI                        213800MTCLTKEHWZMJ03 
     ========================= 
 4    Details of the transaction(s): section to be repeated for 
       (i) each type of instrument; (ii) each type of transaction; 
       (iii) each date; and (iv) each place where transactions 
       have been conducted 
 a)   Description of             ORDINARY SHARES OF 2.5 PENCE EACH IN MITIE 
       the financial              GROUP PLC. 
       instrument, type           IDENTIFICATION CODE FOR MITIE GROUP PLC 
       of instrument              ORDINARY SHARES: GB0004657408 
       Identification 
       code 
     ========================= 
 b)   Nature of the              EXERCISE OF NIL COST OPTIONS UNDER THE MITIE 
       transaction                GROUP PLC 2015 LONG TERM INCENTIVE PLAN 
 c)   Price(s) and volume(s)                 Price(s)    Volume(s) 
                                              Nil cost     387,393 
                                                         ---------- 
     ========================= 
 d)   Aggregated information           Price(s)     Volume(s) 
       - Total volume                   Nil cost      387,393 
       - Total price                                TOTAL SHARES 
                                                  -------------- 
 e)   Date of the transaction    2020-08-05 
     ========================= 
 f)   Place of the transaction   OUTSIDE A TRADING VENUE 
===  =========================  ============================================= 
 

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

 
 1    Details of the person discharging managerial responsibilities/person 
       closely associated 
 a)   Name                       PETER DICKINSON 
     ========================= 
 b    Reason for the notification 
 a)   Position/status            PDMR - CHIEF OF STAFF 
     ========================= 
 b)   Initial notification       INITIAL NOTIFICATION 
       /Amendment 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
 a)   Name                       MITIE GROUP PLC 
 b)   LEI                        213800MTCLTKEHWZMJ03 
     ========================= 
 4    Details of the transaction(s): section to be repeated for 
       (i) each type of instrument; (ii) each type of transaction; 
       (iii) each date; and (iv) each place where transactions 
       have been conducted 
 a)   Description of             ORDINARY SHARES OF 2.5 PENCE EACH IN MITIE 
       the financial              GROUP PLC. 
       instrument, type           IDENTIFICATION CODE FOR MITIE GROUP PLC 
       of instrument              ORDINARY SHARES: GB0004657408 
       Identification 
       code 
     ========================= 
 b)   Nature of the              SALE OF SUFFICIENT SHARES TO COVER TAX WITHHOLDING 
       transaction                OBLIGATIONS ARISING ON EXERCISE OF NIL COST 
                                  OPTIONS UNDER THE MITIE GROUP PLC 2015 LONG 
                                  TERM INCENTIVE PLAN 
 c)   Price(s) and volume(s)                    Price(s)     Volume(s) 
                                                32.8 pence     182,623 
                                                             ---------- 
     ========================= 
 d)   Aggregated information            Price(s)      Volume(s) 
       - Total volume                   32.8 pence      182,623 
       - Total price                                  TOTAL SHARES 
                                                    -------------- 
 e)   Date of the transaction    2020-08-05 
     ========================= 
 f)   Place of the transaction   XLON 
===  =========================  =================================================== 
 

For further information, contact:

Claire Lovegrove

 
 Head of Media Relations   M: +44 (0)790 027   E: claire.lovegrove@mitie.com 
                            6400 
 

Fiona Lawrence

 
 Group IR Director   M: +44 (0)7808 727   E: fiona.lawrenceIR@mitie.com 
                      500 
 

Peter Dickinson

 
 Chief of Staff and General   M: +44 (0)776 821   E: peter.dickinson@mitie.com 
  Counsel                      5013 
 

Notes for editors

About Mitie Group

Founded in 1987, Mitie is one of the UK's leading facilities management and professional services company. It offers a range of services including Technical Services (Engineering Services, Energy, Water and Real Estate Services), Business Services (Security, Cleaning and Office Services) and Specialist Services (Care & Custody, Landscapes and Waste Management).

Mitie employs 47,500 people across the country, looking after a large, diverse, blue-chip customer base, from banks and retailers, to hospitals, schools and critical government strategic assets. It takes care of its customers' people and buildings, by delivering the basics brilliantly and by deploying advanced technology. It is pioneering technology, using smart analytics to provide valuable insight and deliver efficiencies to create outstanding work environments for customers.

   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 or visit www.rns.com.

END

DSHUNSRRRKUWRAR

(END) Dow Jones Newswires

August 06, 2020 07:30 ET (11:30 GMT)

1 Year Mitie Chart

1 Year Mitie Chart

1 Month Mitie Chart

1 Month Mitie Chart

Your Recent History

Delayed Upgrade Clock