Mitie Group (MTO)

Sector:

Support

Index:

FTSE 250

 106.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 124.80
  • 52 Week Low: 96.50
  • Currency: UK Pounds
  • Shares Issued: 1,278.22m
  • Volume: 10,143
  • Market Cap: £1,354.91m
  • RiskGrade: 216
  • Beta: 1.29

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 106.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 124.80
52 Week Low 96.50
Volume 10,143
Shares Issued 1,278.22m
Market Cap £1,354.91m
Beta 1.29
RiskGrade 216

Mitie Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
45.29% below the market average45.29% below the market average45.29% below the market average45.29% below the market average45.29% below the market average
37.08% below the sector average37.08% below the sector average37.08% below the sector average37.08% below the sector average37.08% below the sector average
Price Trend
13.01% above the market average13.01% above the market average13.01% above the market average13.01% above the market average13.01% above the market average
8.00% above the sector average8.00% above the sector average8.00% above the sector average8.00% above the sector average8.00% above the sector average
Income
49.93% above the market average49.93% above the market average49.93% above the market average49.93% above the market average49.93% above the market average
49.15% above the sector average49.15% above the sector average49.15% above the sector average49.15% above the sector average49.15% above the sector average
Growth
85.41% above the market average85.41% above the market average85.41% above the market average85.41% above the market average85.41% above the market average
87.10% above the sector average87.10% above the sector average87.10% above the sector average87.10% above the sector average87.10% above the sector average

What The Brokers Say

Strong Buy 4
Buy 1
Neutral 0
Sell 0
Strong Sell 0
Total 5
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 22-Nov-2024

Time Volume / Share Price
08:04 1 @ 106.78p
08:02 140 @ 106.74p
08:01 10 @ 106.80p
08:01 2 @ 106.80p
08:00 250 @ 106.80p

Mitie Group Key Personnel

CEO Phillip Bentley

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