Mitie Group (MTO)

Sector:

Support

Index:

FTSE 250

152.00p
   
  • Change Today:
      0.80p
  • 52 Week High: 152.60p
  • 52 Week Low: 106.00p
  • Currency: UK Pounds
  • Shares Issued: 1,255.69m
  • Volume: 62,501
  • Market Cap: £1,908.66m
  • RiskGrade: 216

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 152.00p
Change Today 0.80p
% Change 0.53 %
52 Week High 152.60p
52 Week Low 106.00p
Volume 62,501
Shares Issued 1,255.69m
Market Cap £1,908.66m
RiskGrade 216

Mitie Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
63.53% below the market average63.53% below the market average63.53% below the market average63.53% below the market average63.53% below the market average
71.11% below the sector average71.11% below the sector average71.11% below the sector average71.11% below the sector average71.11% below the sector average
Price Trend
89.52% above the market average89.52% above the market average89.52% above the market average89.52% above the market average89.52% above the market average
93.81% above the sector average93.81% above the sector average93.81% above the sector average93.81% above the sector average93.81% above the sector average
Income
3.93% above the market average3.93% above the market average3.93% above the market average3.93% above the market average3.93% above the market average
18.64% below the sector average18.64% below the sector average18.64% below the sector average18.64% below the sector average18.64% below the sector average
Growth
89.36% above the market average89.36% above the market average89.36% above the market average89.36% above the market average89.36% above the market average
91.30% above the sector average91.30% above the sector average91.30% above the sector average91.30% above the sector average91.30% 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
  Interim Final
Ex-Div 19-Dec-24 20-Jun-24
Paid 04-Feb-25 05-Aug-24
Amount 1.30p 3.00p

Trades for 09-May-2025

Time Volume / Share Price
08:21 5 @ 152.20p
08:20 6,529 @ 152.31p
08:19 73 @ 152.40p
08:19 1 @ 152.40p
08:19 1 @ 152.40p

Mitie Group Key Personnel

CEO Phillip Bentley

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