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: +44 (0)738 443 9112

E: kate.heseltine@mitie.com

 

Claire Lovegrove

Director of Corporate Affairs

M: +44 (0)790 027 6400

 

 

E: claire.lovegrove@mitie.com

 

Richard Mountain

FTI Consulting

 

M: +44 (0)790 968 4466


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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