Transaction in Own Shares

RNS Number : 0981M
MITIE Group PLC
15 January 2016
 



15 January 2016

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: 15 January 2016

 

Number of Shares purchased: 1,080,000         

 

Highest price paid: 294.02p    

 

Lowest price paid: 286.60p

 

The purchase represented an average price of 290.34p per Share.

 

The purchased Shares will be cancelled. Following this purchase and cancellation, the total number of voting rights in the Company is 362,391,859.  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: +44 (0) 203 123 8179                   M: +44 (0) 7979 784 488  E: erica.lockhart@mitie.com

 

Lauren Hepburn

Investor and Public Relations Manager, Mitie Group plc

T: +44 (0) 203 123 8720                   M: +44 (0) 7469 405 426  E: lauren.hepburn@mitie.com

 

 

 

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 people they'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

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
POSBAMRTMBTBBIF

Companies

Mitie Group (MTO)
UK 100

Latest directors dealings