Director/PDMR Shareholding

RNS Number : 4676P

MITIE Group PLC

03 October 2011

 



3 October 2011

MITIE Group PLC

MITIE Group PLC - Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Connected Persons

1	Name of the issuer MITIE GROUP PLC	2	State whether the notification relates to (i) a transaction notified in accordance with DTR 3.1.2 R, (ii) a disclosure made in accordance LR 9.8.6R(1) or (iii) a disclosure made in accordance with section 793 of the Companies Act (2006) A TRANSACTION NOTIFIED IN ACCORDANCE WITH DTR 3.1.2R.
3	Name of person discharging managerial responsibilities/director SUZANNE BAXTER	4	State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person TRANSFER OF 140,729 ORDINARY SHARES TO SPOUSE
5	Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest 1 AS PER 3 and 4	6	Description of shares (including class), debentures or derivatives or financial instruments relating to shares 2.5P ORDINARY SHARES IN MITIE GROUP PLC
7	Name of registered shareholders(s) and, if more than one, the number of shares held by each of them TRUSTEE OF THE EBT (BARCLAYS WEALTH TRUSTEES (GUERNSEY) LTD)	8	State the nature of the transaction (1)     EXERCISE OF NIL COST OPTION UNDER THE MITIE LONG TERM INCENTIVE PLAN (2)     SALE OF SHARES - THE EXERCISE OF NIL-COST OPTIONS CREATES A CHARGE TO INCOME TAX AND NATIONAL INSURANCE WHICH WILL BE SETTLED FROM THE PROCEEDS OF SHARE SALE   (3)     ALL OTHER SHARES RESULTING FROM THE EXERCISE OF THE OPTIONS ARE BEING RETAINED AND TRANSFERRED TO SPOUSE
9	Number of shares, debentures or financial instruments relating to shares acquired 273,262 ORDINARY SHARES	10	Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage) 0.07%
11	Number of shares, debentures or financial instruments relating to shares disposed SALE OF 132,533 SHARES TO SETTLE TAX LIABILITY FOLLOWING THE EXERCISE OF NIL-COST OPTIONS	12	Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage) N/A
13	Price per share or value of transaction 237.8p	14	Date and place of transaction 30 SEPTEMBER 2011 UK
15	Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage) 211,959 0.06% of ISC	16	Date issuer informed of transaction 30 SEPTEMBER 2011

If a person discharging managerial responsibilities has been granted options by the issuer complete the following boxes

17	Date of grant	18	Period during which or date on which exercisable
19	Total amount paid (if any) for grant of the option	20	Description of shares or debentures involved (class and number)
21	Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise	22	Total number of shares or debentures over which options held following notification
23	Any additional information	24	Name of contact and telephone number for queries

Name of authorised official of issuer responsible for making notification: Marie-Claire Haines Date: 3 October 2011

 Contacts:

For further information, please contact:

MITIE
John Telling, Group Corporate Affairs Director	D: [phone] M: [phone] E: [e-mail]
Erica Lockhart Head of Investor Relations and External Affairs	D: [phone] M: [phone] E: [e-mail]

 

END

 

 

RDSUOANRAUARRAA