Last checked at 11 Apr 2016 16:54
11 April 2016
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 each ("Shares") as follows:
Date of purchase: 11 April 2016
Number of Shares purchased: 340,000
Highest price paid: 274.50p
Lowest price paid: 272.40p
The purchase represented an average price of 274.02p per Share.
The purchased Shares will be cancelled. Following this purchase and cancellation, the total number of voting rights in the Company is 359,571,145. 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)20 3123 8179 M: +44 (0)7979 784488 E: erica.lockhart@mitie.com
Lauren Hepburn
Investor and Public Relations Manager, Mitie Group plc
T: +44 (0)20 3123 8720 M: +44 (0)7469 405426 E: lauren.hepburn@mitie.com
Notes for editors
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