Mitie Group PLC

Mitie Group plc (MTO) · 2026-08-13

Publication of Scheme Document

Mitie Group has published the Scheme Document for OCS's recommended cash offer, valuing each Mitie Share at up to 221.6 pence in cash, including the approved 3.1 pence FY26 final dividend. The scheme remains subject to shareholder, Court and other conditions and is expected to become effective in the first quarter of 2027.

Mitie Group plc (MTO) · 2026-07-21

Recommended Cash Acquisition of Mitie Group plc

OCS has agreed a recommended cash acquisition of Mitie, valuing each share at up to 221.6p including a final dividend of up to 3.1p. The deal values Mitie at about £3.1 billion fully diluted if that dividend is paid in full.

Mitie Group plc (MTO) · 2026-07-21

Intention to suspend Share Buyback Programme

Mitie has suspended its £100m share buyback programme with immediate effect after OCS Group International Limited announced a recommended cash offer. The programme was launched on 14 October 2025 and had bought back 49m ordinary shares at a cost of £81m.

Mitie Group plc (MTO) · 2026-07-21

Q1 FY27 Trading Update

Mitie reported Q1 FY27 revenue up 10% to £1,406m, including 4% organic growth despite prior Technical Services contract losses. Contract wins and renewals rose 33% to £1.6bn.

Mitie Group PLC (MTO) · 2026-06-04

Full year results for the year ended 31 March 2026

Mitie reported revenue up 10.5% to £5,619m and adjusted operating profit up 13% to £264m. The order book reached a record £16.3bn and management announced £100m of FY27 share buybacks.