SHARES in support services group Mitie leaped as much as 8.5 per cent during trading yesterday after it said it was the preferred bidder for a contract with Lloyds Banking Group.
The contract news – which would see the winning bidder provide integrated facilities and energy management for the entire Lloyds branch network and offices – sent Mitie’s shares to their highest level since April 2009.
Earlier this year Mitie partnered with the UK’s prison service to bid for a 15-year management contract for services to nine prisons.
Its shares have risen more than 17 per cent since the start of the year following a series of contract wins. They closed yesterday up six per cent at 285p.