Last checked at 24 Nov 2015 17:36
24 November 2015
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: 24 November 2015
Number of Shares purchased: 1,000,000
Highest price paid: 299.5p
Lowest price paid: 291.1p
The purchase represented an average price of 293.63p per Share.
The purchased Shares will be cancelled. Following this purchase and cancellation, the total number of voting rights in the Company is 362,834,596. 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 and under the Mitie Model.
-Ends-
For further information, contact:
Erica Lockhart
Executive Affairs Director, Mitie Group plc
T: +44 (0) 203 123 8179 M: +44 (0) 7979 784 488 E: erica.lockhart@mitie.com
Helen Greenwood
Investor and Public Relations Manager, Mitie Group plc
T: +44 (0) 203 123 8731 M: +44 (0)7467 442 962 E: helen.greenwood@mitie.com
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