Transaction in Own Shares

RNS Number : 8551M

MITIE Group PLC

23 August 2011

 



23 August 2011

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: 22 August 2011

Number of Shares purchased: 250,000

Highest price paid: 210.657p

Lowest price paid: 206.000p

The purchase represented an average price of 208.6457p per Share.

The purchased Shares will be cancelled. Following this purchase, the total number of voting rights in the Company is 354,619,482.  The Board has approved the purchase of Shares in order to offset the increase in share numbers arising as the result of 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 announced on 17 August 2011, MITIE will issue Shares pursuant to the MITIE Model in August 2011.  Accordingly, the Board has decided to acquire a limited number of Shares for cancellation to offset the expected increase in share numbers that will arise following that issue of Shares

 

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