Buy
Sell
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
  -0.30 -0.98% 30.20 30.00 30.20 31.25 29.70 30.90 393,695 12:04:30
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Support Services 2,173.7 48.4 25.0 1.2 354

MITIE Group PLC Director/PDMR Shareholding

18/08/2020 3:00pm

UK Regulatory (RNS & others)


Mitie (LSE:MTO)
Historical Stock Chart


From Jul 2020 to Oct 2020

Click Here for more Mitie Charts.

TIDMMTO

RNS Number : 4851W

MITIE Group PLC

18 August 2020

18 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 18 August 2020 Phil Bentley exercised a total of 1,193,301 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 options   Option price   Number of shares 
                     exercised                          retained 
 LTIP granted 
  29 November 
  2016              850,184             Nil            850,184 
                   ------------------  -------------  ----------------- 
 LTIP granted 
  24 July 2017      343,117             Nil            343,117 
                   ------------------  -------------  ----------------- 
 

The exercise of nil cost options creates a charge to income tax and National Insurance which has been settled by Phil Bentley in cash.

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                       PHIL BENTLEY 
     ========================= 
 b    Reason for the notification 
 a)   Position/status            PDMR - DIRECTOR 
     ========================= 
 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     850,184 
                                               Nil cost     343,117 
                                                         ---------- 
     ========================= 
 d)   Aggregated information           Price(s)     Volume(s) 
       - Total volume                   Nil cost     1,193,301 
       - Total price                                TOTAL SHARES 
                                                  -------------- 
 e)   Date of the transaction    2020-08-18 
     ========================= 
 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

DSHUWSURROUWAAR

(END) Dow Jones Newswires

August 18, 2020 10:00 ET (14:00 GMT)

1 Year Mitie Chart

1 Year Mitie Chart

1 Month Mitie Chart

1 Month Mitie Chart
ADVFN Advertorial
Your Recent History
LSE
MTO
Mitie
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V:gb D:20201021 11:40:30