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Mitie Group PLC Director's Dealing 2022
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Director's Dealing
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National Storage Mechanism | Additional information 
RNS Number : 2451L
MITIE Group PLC
30 December 2022
30 December 2022
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
The Company announces the following transaction in its Ordinary Shares of 2.5p each.
On 29 December 2022 Phil Bentley exercised a total of 171,559 nil cost share options under the Mitie Group plc Long Term Incentive Plan ("LTIP").
Following completion of the rights issue the number of nil cost options was adjusted in-line with the accepted standard methodology.
| Award exercised | Number of options exercised | Option price | Number of shares retained |
| LTIP granted 24 July 2017 |
171,559 | Nil | 171,559 |
Mr Bentley has settled the charge to Income Tax and National Insurance in cash arising from exercising these options and therefore he retains the 171,559 shares.
The attached notification, made in accordance with the requirements of the UK 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
PHIL BENTLEY
b
Reason for the notification
a)
Position/status
PDMR - CHIEF EXECUTIVE 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 NIL COST OPTIONS UNDER THE MITIE GROUP PLC LONG TERM INCENTIVE PLAN
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| NIL | 171,559 |
d)
Aggregated information
- Total volume
- Total price
| Price(s) | Volume(s) |
| NIL | 171,559 TOTAL SHARES |
e)
Date of the transaction
2022-12-29
f)
Place of the transaction
XLON
For further information, contact:
Claire Lovegrove
| Head of External Communications | M: +44 (0)790 027 6400 | E: [email protected] |
Peter Dickinson
| Chief of Staff and General Counsel | M: +44 (0)776 821 5013 | E: [email protected] |
About Mitie
Notes to editors
Founded in 1987, Mitie's job is to look after places where Britain works and is the leading facilities management company in the UK. We offer a range of services to the Public Sectors in Central Government and Defence and Communities (Healthcare, Education and Campus & Critical). Our Technical Services (Engineering Services, Energy, Water and Real Estate Services) and Business Services (Security, Cleaning and Office Services) divisions serve private sector customers in Telecoms, Financial & Professional Services, Transport and Industrials and increasingly to the public sector. Finally, our Specialist Services (Care & Custody, Landscapes, Waste Management and Spain) division serves both the public and private sectors in these niche businesses.
Mitie acquired Interserve's facilities management business on 30 November 2020 and now employs 68,000 people. We are the champion of the 'Frontline Heroes' who have kept Britain working during the COVID pandemic. We take care of our customers' people and buildings, through the 'Science of Service', and we are transforming facilities to be more flexible, safe, sustainable, and attractive to all.
The business continues to execute its technology-led strategy and in the past twelve months has received multiple awards - the top few from each division are listed below. Find out more at www.mitie.com.
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