Last checked at 30 Dec 2015 16:47

30 December 2015
Mitie Group plc
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Mitie Group plc (the "Company") - Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Connected Persons
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The Company announces the following transactions in its Ordinary Shares of 2.5p each ("Shares"):
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The Company has been notified in accordance with DTR 3.1.2R that on 30 December 2015 the following Directors elected to exercise share options granted under the Company's 2001 Executive Share Option Scheme (ESOS) and to sell the Shares received under those exercises, together with Shares received pursuant to the recently matured 2012 Save As You Earn scheme. The ESOS options exercised were approaching the end of their term, having been due to expire on 22 June 2016.
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At the date of this announcement, both Directors maintain a shareholding in the Company worth in excess of 200% of base salary, in compliance with the Company's share ownership guidelines.
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Name | Date and place of transaction | Number of options exercised | Option price | Number of shares sold | Sale price per share |
Ruby McGregor-Smith | 30 December 2015, UK | 100,000 ESOS (Unapproved) | £1.91 | 100,000 | £3.138336 |
Suzanne Baxter | 30 December 2015, UK | 50,000 ESOS (35,000 Unapproved and 15,000 Approved) | £1.91 | 50,000 | £3.138336 |
Ruby McGregor-Smith | 30 December 2015, UK | N/A | N/A | 4,035 | £3.15 |
Suzanne Baxter | 30 December 2015, UK | N/A | N/A | 4,035 | £3.15 |
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Following the above transactions, the interests of the directors are as follows:
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(a) Ruby McGregor-Smith is beneficially interested in 567,026 Ordinary Shares (0.16% of the issued share capital of the Company, excluding treasury shares); and
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(b) Suzanne Baxter is beneficially interested in 256,062 Ordinary Shares (0.07% of the issued share capital of the Company, excluding treasury shares).
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This announcement is made in accordance with the requirements of DTR 3.1.4.
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-Ends-
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For further information, contact:
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Erica Lockhart
Executive Affairs Director, Mitie Group plc
T:Â +44 (0)20 3123 8179 M: +44 (0)7979 784488 E: erica.lockhart@mitie.com
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Helen Greenwood
Investor and Public Relations Manager, Mitie Group plc
T: +44 (0)20 3123 8731 M:Â +44 (0)7467 442962 E: helen.greenwood@mitie.com
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Notes for editors
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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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