TIDMMTO

RNS Number : 3332Q

MITIE Group PLC

28 November 2016

28 November 2016

Mitie Group plc

Mitie Group plc ("Mitie") - Notification of substantial shareholding

Mitie has received the following notification in relation to a major interest in its shares.

 
 1. Identity of the issuer or                       Mitie Group plc 
  the underlying issuer of existing 
  shares to which voting rights 
  are attached: 
---------------------------------------------  ------------------------ 
 2. Reason for the notification (please tick 
  the appropriate box or boxes) 
-----------------------------------------------  ---------------------- 
 An acquisition or disposal of voting rights. 
-----------------------------------------------  ---------------------- 
 An acquisition or disposal of qualifying                   X 
  financial instruments which may result in 
  the acquisition of shares already issued 
  to which voting rights are attached 
-----------------------------------------------  ---------------------- 
 An acquisition or disposal of instruments 
  with similar economic effect to qualifying 
  financial instruments 
-----------------------------------------------  ---------------------- 
 An event changing the breakdown of voting 
  rights 
-----------------------------------------------  ---------------------- 
 Other (please specify): 
-----------------------------------------------  ---------------------- 
 3. Full name of person(s) subject                    Norges Bank 
  to the notification obligation: 
---------------------------------------------  ------------------------ 
 4. Full name of shareholder(s)                           N/A 
  (if different from 3.): 
---------------------------------------------  ------------------------ 
 5. Date of the transaction                        23 November 2016 
  (and date on which the threshold 
  is crossed or reached if different): 
---------------------------------------------  ------------------------ 
 6. Date on which issuer notified:                 24 November 2016 
---------------------------------------------  ------------------------ 
 7. Threshold(s) that is/are                       Below 3% based on 
  crossed or reached:                             qualifying financial 
                                                      instruments 
---------------------------------------------  ------------------------ 
 
 
 
  8. Notified details: 
 ------------------------------------------------------------  ---------------------------------------------- 
 A: Voting rights attached to shares 
----------------------------------------------------------------------------------------------------------- 
 Class/type             Situation previous        Resulting situation after the 
  of shares              to the Triggering         triggering transaction 
  if possible            transaction 
  using 
  the ISIN 
  CODE 
---------------------  ------------------------  ---------------------------------------------------------- 
                        Number       Number       Number        Number of voting         % of voting 
                         of Shares    of Voting    of shares     rights                   rights 
                                      Rights 
 --------------------  -----------  -----------  ------------  -----------------------  ------------------- 
                                                  Indirect      Direct        Indirect   Direct    Indirect 
 --------------------  -----------  -----------  ------------  ------------  ---------  --------  --------- 
 
     Ordinary 
     Shares 
     (ISIN: 
     GB0004657408)        466,590      466,590      2,075,863    2,075,863                 0.58% 
---------------------  -----------  -----------  ------------  ------------  ---------  --------  --------- 
 
 
 
 B: Qualifying Financial Instruments 
--------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
--------------------------------------------------------------------------------------- 
 Type of financial    Expiration    Exercise/ Conversion    Number of         % of 
  instrument           date          Period/ Date            voting rights     voting 
                                                             that may be       rights 
                                                             acquired if 
                                                             the instrument 
                                                             is exercised/ 
                                                             converted. 
-------------------  ------------  ----------------------  ----------------  ---------- 
 
      Shares on 
     loan (Right 
      to recall)        N/A               At any time         9,254,004           2.58% 
-------------------  ------------  ----------------------  ----------------  ---------- 
 
 
 C: Financial Instruments with similar economic 
  effect to Qualifying Financial Instruments xv, 
  xvi 
------------------------------------------------------------------------------------------ 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------------ 
 Type of       Exercise   Expiration   Exercise/Conversion   Number        % of voting 
  financial     price      date xvii    period                of voting     rights xix, 
  instrument                            xviii                 rights        xx 
                                                              instrument 
                                                              refers 
                                                              to 
------------  ---------  -----------  --------------------  ------------  ---------------- 
                                                                           Nominal   Delta 
------------  ---------  -----------  --------------------  ------------  --------  ------ 
 N/A           N/A        N/A          N/A 
------------  ---------  -----------  --------------------  ------------  --------  ------ 
 
 
 Total (A+B+C) 
--------------------------------------------- 
 Number of voting rights   % of voting rights 
------------------------  ------------------- 
       11,329,867                3.16% 
------------------------  ------------------- 
 
 
 9. Chain of controlled undertakings through which 
  the voting rights and/or the financial instruments 
  are effectively held, if applicable: xxi 
---------------------------------------------------- 
 
   N/A 
---------------------------------------------------- 
 
 
 Proxy Voting: 
------------------------------------------------- 
 10. Name of the proxy holder:        Norges Bank 
-----------------------------------  ------------ 
 11. Number of voting rights          N/A 
  proxy holder will cease to hold: 
-----------------------------------  ------------ 
 12. Date on which proxy holder       N/A 
  will cease to hold voting rights: 
-----------------------------------  ------------ 
 
 
 13. Additional information:   N/A 
----------------------------  -------------------------------- 
 14. Contact name:             John Telling , Group Corporate 
                                Affairs Director 
----------------------------  -------------------------------- 
 15. Contact telephone         T: +44 (0)20 3123 8673 M: 07979 
  number:                       701006 
----------------------------  -------------------------------- 
 

For further information, contact:

John Telling

Group Corporate Affairs Director, Mitie Group plc

T: +44 (0)20 3123 8673 M: +44 (0)7979 701006 E: John.Telling@mitie.com

Lauren Hepburn

Investor and Public Relations Manager, Mitie Group plc

T: +44 (0)20 3123 8720 M: +44 (0)7469 405426 E: lauren.hepburn@mitie.com

Notes for editors

What is Mitie?

Mitie is a FTSE250 strategic outsourcing company.

We work with people who want to perform better - now and in the future. We help our clients to run more efficient and effective businesses by looking after their facilities, their energy needs and the people they're responsible for.

We're all about developing our people to excel every day, challenge the status quo, and inspire change in the way people live and work.

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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