MITIE Group PLC
21 July 2026
21 July 2026
Mitie Group plc
LEI number: 213800MTCLTKEHWZMJ03
Intention to suspend Share Buyback Programme
Mitie Group plc ("Mitie" or "the Group"), the UK leader in Facilities Management, Transformation and Compliance, announces that, further to the announcement today by OCS Group International Limited ("OCS") of a recommended cash offer for Mitie, it is suspending the £100m share buyback programme (the "Share Buyback Programme"), launched on 14 October 2025, with immediate effect.
Under the Share Buyback Programme to date, the Group has purchased a total of 49m ordinary shares of 2.5p each at a cost of £81m. 3m of the acquired shares have been used to fulfil the 2022 Save As You Earn scheme, which vested in February 2026, with the remaining 46m shares having been cancelled.
Any recommencement of the Share Buyback Programme will be announced to the market.
This announcement does not constitute, or form part of, an offer or solicitation of an offer for securities in any jurisdiction.
For further information
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Peter Dickinson Chief Legal Officer |
+44 7768 215 013 |
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Kate Heseltine Group IR and Corporate Finance Director |
+44 7384 439 112 |
About Mitie: The Future of High Performing Places
Founded in 1987, Mitie employs 84,000 colleagues and is the leading technology-led Facilities Management, Transformation and Compliance company in the UK. We are a trusted partner to a diverse range of large customers across the public and private sectors, working with them to transform their built estates, and the lived experience for their colleagues and customers, as well as providing data-driven insights to inform better decision-making.
In each of our Facilities Management service lines of Engineering Maintenance (hard services) and Security and Hygiene (soft services) we hold leading positions. We deliver Facilities Transformation projects in higher growth categories including buildings infrastructure, data centres, decarbonisation technologies, fire & security capital projects and power & grid connections, alongside Facilities Compliance capabilities in Fire & Security and Water & Environmental services. Our sector expertise includes central government, critical national infrastructure, defence, financial services, healthcare & life sciences, local government & education, manufacturing, media, retail & logistics and transport & aviation.
We hold industry-leading ESG credentials, including the CDP Climate and Supply Chain 'A List', and we have received multiple industry awards recently including Best Low Carbon Solution and Net Zero Carbon Strategy of the Year. We have been recognised as a 'UK Top Employer' for the eighth consecutive year, as well as being ranked 16th in the Top 100 Apprenticeship Employers and tenth in the Inclusive Top 50 UK Employers list. We were recently awarded a Royal Warrant by appointment to His Majesty King Charles for services to the Royal Household. Find out more at www.mitie.com.
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