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MTO Mitie Group Plc

105.00
0.40 (0.38%)
28 Mar 2024 - Closed
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 2,931,909 16:29:40
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Bldg Clean & Maint Svc, Nec 4.06B 91.1M 0.0684 15.35 1.4B

MITIE Group PLC Director/PDMR Shareholding (9620G)

29/07/2021 4:00pm

UK Regulatory


Mitie (LSE:MTO)
Historical Stock Chart


From Mar 2021 to Mar 2024

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TIDMMTO

RNS Number : 9620G

MITIE Group PLC

29 July 2021

29 July 2021

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 transaction in its Ordinary Shares of 2.5p each.

On 29 July 2021 Phil Bentley exercised a total of 171,558 nil cost share options under the Mitie Group plc 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 
  24 July 2017      171,558             Nil            171,558 
                   ------------------  -------------  ----------------- 
 

Mr Bentley has settled the charge to Income Tax and National Insurance in cash arising from exercising these options and therefore he retains the 171,558 shares.

The attached notification, made in accordance with the requirements of the UK 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 - CHIEF EXECUTIVE OFFICER 
     ========================= 
 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 LONG TERM INCENTIVE PLAN 
 c)   Price(s) and volume(s)                 Price(s)    Volume(s) 
                                                 NIL       171,558 
                                                         ---------- 
     ========================= 
 d)   Aggregated information           Price(s)     Volume(s) 
       - Total volume                     NIL         171,558 
       - Total price                                TOTAL SHARES 
                                                  -------------- 
 e)   Date of the transaction    2021-07-29 
     ========================= 
 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

Founded in 1987, Mitie is the UK's leading facilities management (FM) company. We offer a range of services to Central Government and Defence, Communities ( Healthcare, Education and Local Authorities ); and Technical Services (Engineering Services, Energy, Water and Real Estate Services) and Business Services (Security, Cleaning and Office Services) to Private Sector clients in Financial Services, Manufacturing, Transport, Retail and Telecoms; and Specialist Services (Care & Custody, Landscapes and Waste Management).

Mitie, which acquired Interserve's FM business in December 2020, employs 77,500 people and is the champion of the 'Front-Line Heroes' who have kept Britain running during the COVID-19 pandemic. We take care of our customers' people and buildings, by delivering essential services and deploying industry leading technology to create safe and effective workspaces.

The business continues to execute its technology-led strategy and in the past six months has received multiple awards .

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.

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.

END

DSHUKVORAKUBUAR

(END) Dow Jones Newswires

July 29, 2021 11:00 ET (15:00 GMT)

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