MITIE Group PLC Director/PDMR Shareholding (2672X)
November 22 2017 - 9:56AM
UK Regulatory
TIDMMTO
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 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 of SHARE OPTIONS OVER ORDINARY SHARES OF 2.5
the financial PENCE EACH IN MITIE GROUP PLC.
instrument, type IDENTIFICATION CODE FOR MITIE GROUP PLC
of instrument ORDINARY SHARES: GB0004657408
Identification
code
=== ========================= ==============================================
b) Nature of the GRANT OF OPTIONS FOR NIL CONSIDERATION UNDER
transaction 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 Price(s) Volume(s)
- Aggregated volume ----------- ----------------
- Price GBP322,499 143,269 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:
tori.cowley@mitie.com
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
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
END
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