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Mitie Group’s Share Acquisition Underlines Management’s Confidence

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Mitie Group’s Share Acquisition Underlines Management’s Confidence

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An announcement from Mitie Group plc ( (GB:MTO) ) is now available.

Mitie Group plc announced that its Share Incentive Plan Trustees acquired shares on behalf of Phil Bentley, a person discharging managerial responsibility, at a price of £1.164582 per share. This transaction, notified under UK Market Abuse Regulation, indicates ongoing financial engagements and commitments by key management, reflecting confidence in the company’s prospects.

More about Mitie Group plc

Mitie Group plc is a company operating in the facilities management industry, providing services such as cleaning, security, and maintenance. It focuses on delivering integrated services to various sectors, including public and private clients.

YTD Price Performance: 6.18%

Average Trading Volume: 3,006,522

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: £1.44B

For a thorough assessment of MTO stock, go to TipRanks’ Stock Analysis page.

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