Transaction in Own Shares

RNS Number : 7104Z

MITIE Group PLC

15 December 2014

 



15 December 2014

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: 12 December 2014

Number of Shares purchased: 750,000      

Highest price paid: 276.9p     

Lowest price paid: 268.3p

The purchase represented an average price of 272.22p per Share.

The purchased Shares will be held in treasury rather than being cancelled, so that they can be reissued at a later date, if required. Following this purchase, the total number of voting rights in the Company is 366,125,105 and the total number of shares held in treasury is 8,699,439.  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.

-Ends-

For further information, contact:

Erica Lockhart

Executive Affairs Director, Mitie Group plc

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

Helen Greenwood

Investor and Public Relations Manager, Mitie Group plc

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

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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