Transaction in Own Shares

RNS Number : 8470U

MITIE Group PLC

11 April 2016

 

11 April 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 each ("Shares") as follows:

Date of purchase: 11 April 2016

Number of Shares purchased: 340,000

Highest price paid: 274.50p

Lowest price paid: 272.40p

The purchase represented an average price of 274.02p per Share.

The purchased Shares will be cancelled. Following this purchase and cancellation, the total number of voting rights in the Company is 359,571,145.  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 and under the Mitie Model.

-Ends-

For further information, contact:

Erica Lockhart

Executive Affairs Director, Mitie Group plc

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

Lauren Hepburn

Investor and Public Relations Manager, Mitie Group plc

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

Notes for editors

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

 

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