Transaction in Own Shares.


    25 April 2025 22:55:42
  • Source: Sharecast
RNS Number : 1276G
MITIE Group PLC
25 April 2025
 

25 April 2025

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 2.5p each on Exchange (as defined in the Rules of the London Stock Exchange) from Peel Hunt LLP pursuant to its Share Buyback Programme, details of which were announced on 16 April 2025.

 Date of purchase:

 24 April 2025

 Number of Ordinary 2.5p Shares purchased:

 500,000

 Highest price paid per share (GBp):

 138.00

 Lowest price paid per share (GBp):

 137.60

 Volume weighted average price paid per share (GBp):

 137.80

 Broker

 Peel Hunt

Mitie intends to hold the purchased shares in treasury.

Following the settlement of the above purchase of Ordinary Shares of 2.5p each, Mitie will have 1,257,194,293 Ordinary Shares of 2.5p each in issue (excluding the 4,346,647 Ordinary Shares of 2.5p 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 Peel Hunt LLP as part of the buyback programme.

This announcement is made in accordance with the requirements of Listing Rule 9.6.6.

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

 Neil Bennett
 H/Advisors Maitland

 M: +44 (0)790 000 0777

 E: mitie@h-advisors.global

Schedule of Purchases - Individual Transactions

Number of shares purchased

Transaction price (Gbp)

Venue

Time of transaction

Trade ID

250,000

137.60

XLON

08:25:35

00176152392TRLO0

250,000

138.00

XLON

13:02:45

00176170926TRLO0

About Mitie: "Better places; Thriving Communities"

Founded in 1987, Mitie employs 72,000 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 hygiene (soft services) we hold market leadership positions. We also deliver projects capabilities in the areas of power and grid connections, building fit outs & 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. We hold industry-leading ESG credentials, including a place on the CDP Climate change A List, and we have received multiple industry awards recently 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 seventh consecutive year and Most Admired Company in the Support Services sector. Find out more at www.mitie.com.

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