Mitie Group (MTO)

Sector:

Support

Index:

FTSE 250

136.20p
   
  • Change Today:
    -2.40p
  • 52 Week High: 159.60
  • 52 Week Low: 106.00
  • Currency: UK Pounds
  • Shares Issued: 1,256.32m
  • Volume: 14,503,982
  • Market Cap: £1,711.10m
  • RiskGrade: 216
  • Beta: 0.01

Mitie slumps as Alchemy sells 40m shares in placing

By Michele Maatouk

Date: Wednesday 24 Apr 2024

LONDON (ShareCast) - (Sharecast News) - Mitie shares slumped on Wednesday after investment fund Alchemy sold 40m shares in the outsourcing and energy services company in a placing.
The shares were sold by way of any accelerated bookbuild to institutional investors at 112p each, raising gross proceeds of about £44.8m.

Following completion of the placing, Alchemy will hold just over 31m shares in Mitie, which is a stake of around 2.33%.

Peel Hunt acted as sole global co-ordinator and bookrunner in connection with the placing.

At 0850 BST, the shares were down 4.2% at 115p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Mitie Group Market Data

Currency UK Pounds
Share Price 136.20p
Change Today -2.40p
% Change -1.73 %
52 Week High 159.60
52 Week Low 106.00
Volume 14,503,982
Shares Issued 1,256.32m
Market Cap £1,711.10m
Beta 0.01
RiskGrade 216

Mitie Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
80.45% below the market average80.45% below the market average80.45% below the market average80.45% below the market average80.45% below the market average
77.78% below the sector average77.78% below the sector average77.78% below the sector average77.78% below the sector average77.78% below the sector average
Price Trend
79.61% above the market average79.61% above the market average79.61% above the market average79.61% above the market average79.61% above the market average
81.44% above the sector average81.44% above the sector average81.44% above the sector average81.44% above the sector average81.44% above the sector average
Income
8.22% below the market average8.22% below the market average8.22% below the market average8.22% below the market average8.22% below the market average
8.47% below the sector average8.47% below the sector average8.47% below the sector average8.47% below the sector average8.47% below the sector average
Growth
36.00% above the market average36.00% above the market average36.00% above the market average36.00% above the market average36.00% above the market average
45.65% above the sector average45.65% above the sector average45.65% above the sector average45.65% above the sector average45.65% above the sector average

What The Brokers Say

Strong Buy 6
Buy 1
Neutral 1
Sell 0
Strong Sell 0
Total 8
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Mitie Group Dividends

  Latest Previous
  Final Interim
Ex-Div 19-Jun-25 19-Dec-24
Paid 04-Aug-25 04-Feb-25
Amount 3.00p 1.30p

Trades for 06-Jun-2025

Time Volume / Share Price
16:23 5 @ 136.20p
16:23 82 @ 136.20p
16:23 22 @ 136.20p
16:23 30 @ 136.20p
16:23 12 @ 136.20p

Mitie Group Key Personnel

CEO Phillip Bentley

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