18 July 2011
MITIE Group PLC
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: 18 July 2011
Number of Shares purchased: 100,000
Highest price paid: 233p
Lowest price paid: 232.5p
The purchase represented an average price of 232.9p per Share.
The purchased Shares will be cancelled. Following this purchase, the total number of voting rights in the Company is 357,219,859. 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 MITIE Model(1).
Notes to editors
For further information, please contact:
John Telling, Group Corporate Affairs Director
T: 020 3123 8673 M: 07979 701006
Erica Lockhart, Investor, Public and Media Relations Manager
T: 020 3123 8675 M: 07979 784488
(1)As in previous years, MITIE expects to issue Shares pursuant to the MITIE Model in August. Accordingly, the Board has decided to acquire a limited number of Shares for cancellation to offset the expected increase from the issue of Shares