MITIE Group PLC Director/PDMR Shareholding (0273M)
25 July 2017 - 8:32PM
UK Regulatory
TIDMMTO
RNS Number : 0273M
MITIE Group PLC
25 July 2017
25 July 2017
Mitie Group plc
Mitie Group plc (the "Company") - Notification of Transactions
of Directors/Persons Discharging Managerial Responsibility and
their Closely Associated Persons
On 24 July 2017 Phil Bentley and Sandip Mahajan were each
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, 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 notifications, made in accordance with the
requirements of the EU 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 PHIL BENTLEY
=== ===================== =========================================
2 Reason for the notification
a) Position/status PDMR - CHIEF EXECUTIVE OFFICER
=== ===================== =========================================
b) Initial notification INITIAL NOTIFICATION
/Amendment
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 SHARE OPTIONS OVER ORDINARY SHARES
of the financial OF 2.5 PENCE EACH IN MITIE GROUP
instrument, PLC.
type of instrument IDENTIFICATION CODE FOR MITIE
Identification GROUP PLC ORDINARY SHARES: GB0004657408
code
=== ===================== =========================================
b) Nature of GRANT OF OPTIONS FOR NIL CONSIDERATION
the transaction UNDER THE MITIE GROUP PLC 2015
LONG TERM INCENTIVE PLAN
c) Price(s) and Price(s) Volume(s)
volume(s) --------- ----------------
268.9p 669,393 OPTIONS
--------- ----------------
=== ===================== =========================================
d) Aggregated Price(s) Volume(s)
information ------------- ----------------
- Aggregated GBP1,799,998 669,393 OPTIONS
volume ------------- ----------------
- Price
e) Date of the 2017-07-24
transaction
=== ===================== =========================================
f) Place of the OUTSIDE OF TRADING VENUE
transaction
=== ===================== =========================================
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 SANDIP MAHAJAN
2 Reason for the notification
a) Position/status PDMR - CHIEF FINANCIAL OFFICER
b) Initial notification INITIAL NOTIFICATION
/Amendment
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 SHARE OPTIONS OVER ORDINARY SHARES
of the financial OF 2.5 PENCE EACH IN MITIE GROUP
instrument, PLC.
type of instrument IDENTIFICATION CODE FOR MITIE
Identification GROUP PLC ORDINARY SHARES: GB0004657408
code
b) Nature of GRANT OF OPTIONS FOR NIL CONSIDERATION
the transaction UNDER THE MITIE GROUP PLC 2015
LONG TERM INCENTIVE PLAN
c) Price(s) and Price(s) Volume(s)
volume(s) --------- ----------------
268.9p 148,754 OPTIONS
--------- ----------------
d) Aggregated Price(s) Volume(s)
information ----------- ----------------
- Aggregated GBP400,000 148,754 OPTIONS
volume ----------- ----------------
- Price
e) Date of the 2017-07-24
transaction
f) Place of the OUTSIDE OF TRADING VENUE
transaction
=== ===================== =========================================
For further information, contact:
Peter Dickinson
General Counsel and Company Secretary, Mitie Group plc
T: +44 (0) 203 123 8157 M: +44 (0)776 821 5013 E:
peter.dickinson@mitie.com
Anna Chen
Investor Relations Manager, Mitie Group plc
T: +44 (0) 203 123 8675 M: +44 (0)781 852 7265 E:
anna.chen@mitie.com
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 60,000 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
END
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