MITIE Group PLC Transaction in Own Shares

RNS Number : 9192X

MITIE Group PLC

26 July 2024

 

26 July 2024

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 Stifel Nicolaus Europe Limited ("Stifel") pursuant to its Share Buyback Programme, details of which were announced on 24 July 2024.

 

Date of purchase:	25/07/2024
Aggregate number of Ordinary 2.5p Shares purchased:	500,000
Lowest price paid per share (GBp):	118.8000
Highest price paid per share (GBp):	120.4000
Volume weighted average price paid per share (GBp):	119.8303
Broker	Stifel

 

Mitie intends to cancel the purchased shares.

Following settlement and cancellation of the above purchase of ordinary shares of 2.5 pence each, Mitie will have 1,316,038,561 ordinary shares of 2.5 pence each in issue (excluding 13,262,057 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 Stifel 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 Group IR & Corporate Finance Director	M: [phone]	E: [e-mail]
Claire Lovegrove Director of Corporate Affairs	M: [phone]	E: [e-mail]
Richard Mountain FTI Consulting	M: [phone]

Schedule of Purchases - Individual Transactions

Number of shares purchased	Transaction price (Gbp)	Venue	Time of transaction	Trade ID
22,000	120.2	XLON	08:05:14	00040622925TRLO1
32,100	120.0	XLON	08:05:14	00040622996TRLO1
20,300	120.0	XLON	08:07:50	00040623016TRLO1
5,600	120.0	XLON	08:07:50	00040623017TRLO1
3,300	120.0	XLON	08:07:59	00040623026TRLO1
2,916	120.0	XLON	08:07:59	00040623027TRLO1
200	120.0	XLON	08:07:59	00040623028TRLO1
1,931	120.0	XLON	08:08:02	00040623037TRLO1
11,653	120.0	XLON	08:08:02	00040623038TRLO1
4,175	119.6	XLON	08:10:31	00040623348TRLO1
21,825	119.6	XLON	08:10:31	00040623349TRLO1
21,000	119.8	XLON	08:41:28	00040625638TRLO1
4,857	119.6	XLON	08:45:18	00040625824TRLO1
24,143	119.6	XLON	08:45:18	00040625825TRLO1
4,651	119.4	XLON	08:45:19	00040625826TRLO1
15,264	119.4	XLON	08:50:16	00040626085TRLO1
4,085	119.4	XLON	08:50:16	00040626086TRLO1
10,064	119.0	XLON	09:09:21	00040627228TRLO1
64	119.0	XLON	09:09:21	00040627229TRLO1
9,872	119.0	XLON	09:09:21	00040627230TRLO1
1	118.8	XLON	09:33:41	00040628539TRLO1
5	118.8	XLON	09:33:41	00040628540TRLO1
8,700	118.8	XLON	10:13:18	00040630452TRLO1
2,900	118.8	XLON	10:13:18	00040630453TRLO1
7,616	118.8	XLON	10:13:18	00040630454TRLO1
778	118.8	XLON	10:13:18	00040630455TRLO1
5,645	119.0	XLON	10:38:42	00040631504TRLO1
632	119.0	XLON	10:38:42	00040631505TRLO1
335	119.0	XLON	10:38:42	00040631506TRLO1
64	119.2	XLON	12:12:53	00040635209TRLO1
64	119.2	XLON	12:25:12	00040635673TRLO1
1,856	119.2	XLON	12:44:03	00040636314TRLO1
9,710	119.2	XLON	12:44:03	00040636315TRLO1
230	119.2	XLON	12:44:04	00040636316TRLO1
10,176	119.2	XLON	12:44:04	00040636317TRLO1
1,359	119.0	XLON	12:47:56	00040636452TRLO1
5,961	119.0	XLON	12:47:56	00040636453TRLO1
1,067	119.0	XLON	12:47:56	00040636454TRLO1
3,277	119.0	XLON	12:48:04	00040636463TRLO1
1,724	119.0	XLON	12:48:04	00040636464TRLO1
593	119.2	XLON	12:50:39	00040636531TRLO1
319	119.2	XLON	12:50:39	00040636532TRLO1
90	119.2	XLON	12:50:39	00040636533TRLO1
2,900	119.2	XLON	12:50:39	00040636534TRLO1
1,256	119.2	XLON	12:50:39	00040636535TRLO1
789	119.2	XLON	12:50:39	00040636536TRLO1
646	119.2	XLON	12:50:39	00040636537TRLO1
666	119.2	XLON	12:50:39	00040636538TRLO1
1,685	119.2	XLON	12:50:39	00040636539TRLO1
2,900	119.2	XLON	12:50:43	00040636540TRLO1
5,437	119.2	XLON	12:54:01	00040636635TRLO1
541	119.2	XLON	12:54:02	00040636637TRLO1
520	119.2	XLON	12:54:02	00040636639TRLO1
64	119.2	XLON	12:54:02	00040636641TRLO1
16	119.2	XLON	12:54:13	00040636649TRLO1
2,414	119.2	XLON	12:55:11	00040636672TRLO1
16	119.2	XLON	12:55:13	00040636673TRLO1
16	119.2	XLON	12:55:28	00040636677TRLO1
16	119.2	XLON	12:55:43	00040636681TRLO1
116	119.2	XLON	12:56:11	00040636690TRLO1
230	119.4	XLON	14:02:02	00040639296TRLO1
1,717	119.4	XLON	14:14:02	00040639692TRLO1
64	119.4	XLON	14:37:10	00040641526TRLO1
12,389	119.8	XLON	15:03:49	00040643517TRLO1
18,200	120.4	XLON	15:45:02	00040646361TRLO1
2,178	120.4	XLON	16:11:50	00040648211TRLO1
3,000	120.4	XLON	16:11:50	00040648212TRLO1
2,068	120.4	XLON	16:11:50	00040648213TRLO1
738	120.4	XLON	16:11:50	00040648214TRLO1
886	120.4	XLON	16:11:50	00040648215TRLO1
75	120.4	XLON	16:11:50	00040648216TRLO1
400	120.4	XLON	16:11:50	00040648217TRLO1
708	120.4	XLON	16:11:50	00040648218TRLO1
7,947	120.4	XLON	16:11:50	00040648219TRLO1
28,941	120.4	XLON	16:12:10	00040648245TRLO1
20,000	120.4	XLON	16:12:37	00040648281TRLO1
14,580	120.2	XLON	16:19:11	00040648711TRLO1
42,779	120.2	XLON	16:22:26	00040648937TRLO1
40,000	120.2	XLON	16:28:09	00040649358TRLO1

 

About Mitie

 

Founded in 1987, Mitie employs 68,000 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 Cleaning & Hygiene (Soft Services) we hold market leadership positions. We also upsell Projects capabilities in the areas of building fitouts and 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.

Over the previous Three-Year Plan (FY22 - FY24) Mitie delivered a Total Shareholder Return (TSR) of 80% (#10 in FTSE 250). Our new Facilities Transformation Three-Year Plan (FY25 - FY27) will extend Mitie's market leadership position through accelerated growth and deliver enhanced shareholder returns.

We hold industry-leading ESG credentials, including a place on the CDP Climate change A List, and in the past 12 months we have received multiple industry awards 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 sixth consecutive year. Find out more at www.mitie.com.

 

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