17 April 2024
Mitie Group plc
LEI number: 213800MTCLTKEHWZMJ03
Mitie Group plc (the "Company") - Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and their Closely Associated Persons
Further to the maturity of the Mitie Group plc 2020 Save As You Earn ("SAYE") scheme the Company was notified of the following PDMR transaction. The PDMR listed below exercised options over the share capital of the Company, and retained the resulting shares, as follows:
| Name: | Award exercised |
Number of options exercised
| Exercise price |
| Simon Kirkpatrick | 2020 SAYE Scheme | 46,187 | £0.2728 |
The exercise price of £0.2728 was set upon the launch of the scheme in 2020 in line with HMRC rules.
The attached notifications, made in accordance with the requirements of the UK Market Abuse Regulation, give further detail.
- Ends -
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
| 1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
| a) | Name | SIMON KIRKPATRICK | ||||
| b | Reason for the notification | |||||
| a) | Position/status | PDMR - CHIEF FINANCIAL OFFICER | ||||
| b) | Initial notification /Amendment | INITIAL NOTIFICATION | ||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
| a) | Name | MITIE GROUP PLC | ||||
| b) | LEI | 213800MTCLTKEHWZMJ03 | ||||
| 4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
| a) | Description of the financial instrument, type of instrument Identification code | ORDINARY SHARES OF 2.5 PENCE EACH IN MITIE GROUP PLC. IDENTIFICATION CODE FOR MITIE GROUP PLC ORDINARY SHARES: GB0004657408 | ||||
| b) | Nature of the transaction | EXERCISE OF SAYE SCHEME OPTION. | ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information - Total volume - Total price |
| ||||
| e) | Date of the transaction | 2024-04-15 | ||||
| f) | Place of the transaction | OUTSIDE A TRADING VENUE | ||||
For further information, contact:
Kate Heseltine
| Group IR Director | M: +44 (0)738 443 9112 | E: kate.heseltine@mitie.com |
Claire Lovegrove
| Head of External Communications | M: +44 (0)790 027 6400 | E: claire.lovegrove@mitie.com |
Peter Dickinson
| Chief Legal Officer | M: +44 (0)776 821 5013 |
About Mitie
Founded in 1987, Mitie employs 65,000 colleagues and is the leading technology-led Facilities Transformation company in the UK. We are a trusted partner to c.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 decision making.
In each of our core services of Engineering (Hard Services) and Security and Cleaning & Hygiene (Soft Services) we hold market leading positions. We also upsell Projects capabilities in the areas of building fitouts and 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 CDP 'A' score, and in the past 12 months we have received multiple industry awards 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 also been validated by the Science Based Targets initiative (SBTi). We have been recognised as a UK Top Employer for the sixth consecutive year. Find out more at www.mitie.com.
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