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Mitie Group PLC — Director's Dealing 2017
Nov 22, 2017
4697_dirs_2017-11-22_e73fb7ff-fda1-41a5-9701-d83240510cd6.html
Director's Dealing
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RNS Number : 2672X
MITIE Group PLC
22 November 2017
22 November 2017
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
On 21 November 2017 Paul Woolf was granted options over Ordinary shares of 2.5 pence each in the Company under the Company's 2015 Long Term Incentive Plan ("LTIP").
The awards were made following the same structure as LTIP grants in July 2016 and July 2017, being conditional upon performance against four measures relating to growth in earnings per share (governing 25% of the awards), relative total shareholder return (governing 20% of the awards), cash conversion (governing 30% of the awards) and strategic objectives (governing 25% of the awards).
The attached notification, made in accordance with the requirements of the EU Market Abuse Regulation, gives 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
PAUL WOOLF
2
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
SHARE OPTIONS OVER 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
GRANT OF OPTIONS FOR NIL CONSIDERATION UNDER THE MITIE GROUP PLC 2015 LONG TERM INCENTIVE PLAN
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| 225.10p | 143,269 OPTIONS |
d)
Aggregated information
- Aggregated volume
- Price
| Price(s) | Volume(s) |
| £322,499 | 143,269 OPTIONS |
e)
Date of the transaction
2017-11-21
f)
Place of the transaction
OUTSIDE OF TRADING VENUE
For further information, contact:
Tori Cowley
Director of Investor Relations & Corporate Affairs
T: +44 (0) 203 123 8705 M: +44 (0) 781 852 8110 E: [email protected]
Peter Dickinson
General Counsel and Company Secretary, Mitie Group plc
T: +44 (0) 203 123 8157 M: +44 (0) 776 821 5013 E: [email protected]
Notes for editors
About Mitie Group
Mitie is a FTSE 250 business providing a wide range of facilities management and professional services, from real estate consultancy, project management, energy consultancy, compliance, risk assessment and security systems to cleaning, catering, engineering, technical and environmental services and a range of specialist services.
We work in partnership with organisations to deliver long-term savings, managing and maintaining some of the nation's most recognised landmarks for a range of blue-chip public and private sector customers.
We are the UK's largest Facilities Management company employing some 53,000 people across the country.
Find out more at www.mitie.com
This information is provided by RNS
The company news service from the London Stock Exchange
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