Transaction in Own Shares

RNS Number : 2469J

MITIE Group PLC

01 April 2015

 



1 April 2015

Mitie Group plc

Mitie Group plc (the "Company") - Transaction in own Shares

Pursuant to the general authority given to the Company by shareholders, the Company announces that it has purchased ordinary shares of 2.5p ("Shares") each as follows:

Date of purchase: 1 April 2015

Number of Shares purchased: 250,000         

Highest price paid: 277p    

Lowest price paid: 274p

The purchase represented an average price of 275.8p per Share.

The purchased Shares will be held in treasury rather than being cancelled, so that they can be reissued at a later date, if required. Following this purchase, the total number of voting rights in the Company is 365,403,855 and the total number of shares held in treasury is 9,796,160.  The Board has approved the purchase of Shares in order to offset the increase in share numbers anticipated from the issue of Shares in connection with the Company's share schemes.

-Ends-

For further information, contact:

Erica Lockhart

Executive Affairs Director, Mitie Group plc

T: [phone]                   M: [phone]  E: [e-mail] 

Helen Greenwood

Investor and Public Relations Manager, Mitie Group plc

T: [phone]                   M: [phone]                   E: [e-mail]

What is Mitie?

Mitie is a FTSE250 strategic outsourcing company.

We work with people who want to perform better - now and in the future. We help our clients to run more efficient and effective businesses by looking after their facilities, their energy needs and the peoplethey're responsible for.

We're all about developing our people to excel every day, challenge the status quo, and inspire change in the way people live and work.

Find out more at www.mitie.com

 

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