MITIE Group PLC Transaction in Own Shares (8690B)

TIDMMTO

RNS Number : 8690B

MITIE Group PLC

07 June 2023

07 June 2023

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 2.5 pence 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 18 April 2023.

 
 Date of purchase:                      06/06/2023 
 Aggregate number of Ordinary Shares 
  purchased:                            318,500 
                                       ----------- 
 Lowest price paid per share (GBp):     93.8000 
                                       ----------- 
 Highest price paid per share (GBp):    94.0000 
                                       ----------- 
 Volume weighted average price paid 
  per share (GBp):                      93.9605 
                                       ----------- 
 Broker                                 PEEL HUNT 
                                       ----------- 
 

Mitie intends to hold the above purchased shares in treasury.

Following settlement of the above purchase of ordinary shares of 2.5 pence each, Mitie will have 1,354,194,212 ordinary shares of 2.5 pence each in issue (excluding 11,408,357 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 as part of the buyback programme.

This announcement is made in accordance with the requirements of Listing Rule 12.4.6.

For further information:

 
 Kate Heseltine           M: [phone]   E: [e-mail] 
  Group IR Director 
 Claire Lovegrove         M: [phone]   E: [e-mail] 
  Director of Corporate 
  Affairs 
 Richard Mountain         M: [phone] 
  FTI Consulting 
 

Schedule of Purchases - Individual Transactions

 
 Number       Transaction 
  of shares    price (pence            Transaction Date           Transaction 
  purchased    per share)     Market    & Time                     Reference Number 
                                       20230606 10:42:33.656258 
 100000       94              XLON      +0100s                    00149580505TRLO0 
             --------------  -------  -------------------------  ------------------ 
                                       20230606 12:56:14.589464 
 22500        93.85           XLON      +0100s                    00149588359TRLO0 
             --------------  -------  -------------------------  ------------------ 
                                       20230606 15:54:17.735498 
 46000        93.8            XLON      +0100s                    00149606892TRLO0 
             --------------  -------  -------------------------  ------------------ 
                                       20230606 16:22:30.984422 
 150000       94              XLON      +0100s                    00149611423TRLO0 
             --------------  -------  -------------------------  ------------------ 
 

About Mitie

Founded in 1987, Mitie's job is to look after places where Britain works and is the leading facilities management company in the UK. We offer a range of services to the Public Sectors in Central Government and Defence and Communities (Healthcare, Education and Campus & Critical). Our Technical Services (Engineering Services, Energy, Water and Real Estate Services) and Business Services (Security, Cleaning and Office Services) divisions serve private sector customers in Telecoms, Financial & Professional Services, Transport and Industrials and increasingly to the public sector. Finally, our Specialist Services (Care & Custody, Landscapes, Waste Management and Spain) division serves both the public and private sectors.

Mitie employs 68,000 people. We are the champion of the 'Frontline Heroes' who have kept Britain working during the COVID pandemic. We take care of our customers' people and buildings, through the 'Science of Service', and we are transforming facilities to be more flexible, safe, sustainable, and attractive to all. The business continues to execute its technology-led strategy and in the past twelve months has received multiple awards. Find out more at www.mitie.com .

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June 07, 2023 02:00 ET (06:00 GMT)