Transaction in Own Shares

MITIE Group PLC

25 July 2024

 

25 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:	24/07/2024
Aggregate number of Ordinary 2.5p Shares purchased:	500,000
Lowest price paid per share (GBp):	120.0000
Highest price paid per share (GBp):	121.6000
Volume weighted average price paid per share (GBp):	120.9537
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 1,316,538,561 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
25,000	120.2	XLON	08:44:41	00040599247TRLO1
25,000	120.0	XLON	09:25:51	00040600705TRLO1
25,000	120.4	XLON	10:26:12	00040602571TRLO1
21,200	120.8	XLON	11:15:28	00040604158TRLO1
23,800	120.8	XLON	11:25:29	00040604714TRLO1
30,000	120.8	XLON	11:31:20	00040604944TRLO1
20,000	120.8	XLON	11:39:58	00040605234TRLO1
1,042	120.8	XLON	11:40:14	00040605238TRLO1
124	120.8	XLON	12:07:24	00040606105TRLO1
19,156	120.8	XLON	12:07:24	00040606106TRLO1
9,678	120.8	XLON	12:07:24	00040606107TRLO1
1,447	121.0	XLON	12:08:44	00040606154TRLO1
3,700	121.0	XLON	12:08:44	00040606155TRLO1
4,134	121.0	XLON	12:08:44	00040606156TRLO1
20,000	121.0	XLON	12:08:44	00040606157TRLO1
30,920	121.0	XLON	12:08:44	00040606158TRLO1
3,642	121.0	XLON	12:12:22	00040606255TRLO1
395	121.0	XLON	12:12:22	00040606256TRLO1
1,609	121.0	XLON	12:12:22	00040606257TRLO1
1,953	121.0	XLON	12:12:25	00040606259TRLO1
24,100	121.0	XLON	12:19:00	00040606482TRLO1
1,506	121.0	XLON	12:58:27	00040607616TRLO1
5,800	121.0	XLON	12:58:27	00040607617TRLO1
2,900	121.0	XLON	12:58:27	00040607618TRLO1
14,794	121.0	XLON	12:58:27	00040607619TRLO1
8,272	120.8	XLON	13:39:57	00040608812TRLO1
3,200	121.6	XLON	14:17:40	00040609937TRLO1
3,100	121.6	XLON	14:17:40	00040609938TRLO1
887	121.6	XLON	14:17:40	00040609939TRLO1
874	121.6	XLON	14:17:40	00040609940TRLO1
172	121.6	XLON	14:17:40	00040609941TRLO1
2,600	121.6	XLON	14:17:40	00040609942TRLO1
1,716	121.6	XLON	14:17:40	00040609943TRLO1
1,400	121.6	XLON	14:17:40	00040609944TRLO1
13,578	121.6	XLON	14:17:40	00040609945TRLO1
6,422	121.6	XLON	14:17:40	00040609946TRLO1
13,578	121.6	XLON	14:17:40	00040609947TRLO1
1,293	121.6	XLON	14:17:40	00040609948TRLO1
18,707	121.6	XLON	14:17:40	00040609949TRLO1
1,293	121.6	XLON	14:17:40	00040609950TRLO1
1,240	121.6	XLON	14:27:40	00040610338TRLO1
9,940	121.6	XLON	14:36:32	00040611406TRLO1
1,240	121.4	XLON	14:46:37	00040612040TRLO1
11,729	121.4	XLON	14:47:45	00040612166TRLO1
9,179	121.4	XLON	14:47:45	00040612167TRLO1
1,858	121.4	XLON	14:47:45	00040612168TRLO1
994	121.4	XLON	14:47:45	00040612169TRLO1
45,510	120.8	XLON	14:56:57	00040613077TRLO1
1,253	121.6	XLON	15:39:18	00040615480TRLO1
2,768	121.6	XLON	15:39:18	00040615481TRLO1
1,758	121.6	XLON	15:39:18	00040615482TRLO1
821	121.6	XLON	15:39:18	00040615483TRLO1
933	121.6	XLON	15:39:18	00040615484TRLO1
2,600	121.6	XLON	15:39:18	00040615485TRLO1
4,100	121.6	XLON	15:39:18	00040615486TRLO1
10,085	121.6	XLON	15:39:18	00040615487TRLO1

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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