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RNS Number : 9949T
MITIE Group PLC
18 October 2017
18 October 2017
Mitie Group plc
LEI number: 213800MTCLTKEHWZMJ03
Mitie Group plc (the "Company") - Listing Application
Further to the announcement on 20 September regarding, inter alia, the buy-out of all minority shareholder interests in the remaining Mitie Model entities, an application has been made to the Financial Conduct Authority and the London Stock Exchange plc for 2,396,381 Ordinary shares of 2.5p each (the "Shares") to be admitted to the Official List.
It is expected that admission will be granted on 19 October 2017 and trading will commence on 20 October 2017.
The Shares are to be issued in consideration for the purchase of the minority shareholdings in the remaining Mitie Model entities, of which 1,139,695 shares will be issued on the condition that the relevant individual remains in Mitie's employment until October 2019. Following completion of the transaction each Mitie Model entity will be wholly owned.
The Shares will rank pari passu with the existing issued Ordinary shares.
For further information, contact:
Director of Investor Relations & Corporate Affairs
T: +44 (0) 203 123 8705 M: +44 (0) 781 852 8110 E: firstname.lastname@example.org
General Counsel and Company Secretary, Mitie Group plc
T: +44 (0) 203 123 8157 M: +44 (0)776 821 5013 E: email@example.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) Dow Jones Newswires
October 18, 2017 11:19 ET (15:19 GMT)